Los Angeles Lakers, a privately owned entity headquartered in the US, was founded in 1948 and employs approximately 800 individuals. The company reported $516.0M in revenue as of 2023. As a professional basketball team, the Los Angeles Lakers compete in the National Basketball Association (NBA) as a member of the Pacific Division of the Western Conference. The team plays its home games at Crypto.com Arena, which it shares with the Los Angeles Sparks of the Women's National Basketball Association and the Los Angeles Kings of the National Hockey League.