Los Angeles Lakers is a privately owned company headquartered in the US. Founded in 1948, the organization, comprising approximately 800 employees, reported $516.0M in revenue as of 2023. The company specializes in spectator sports, operating as an American professional basketball team that competes 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, an arena shared with the Los Angeles Sparks of the Women's National Basketball Association and the Los Angeles Kings of the National Hockey League.