Los Angeles Lakers, a privately owned company headquartered in the US, was founded in 1948. It employs approximately 800 individuals and reported $516.0M in revenue as of 2023. Functioning primarily in spectator sports, the company operates as an American professional basketball team based in Los Angeles. The Lakers compete in the National Basketball Association (NBA) as a member of the Pacific Division of the Western Conference, playing their 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.