Los Angeles Lakers, privately owned and headquartered in the US, was founded in 1948, operates with approximately 800 employees, and reported $516.0M in revenue as of 2023. The company specializes in spectator sports, functioning as an American professional basketball team based in Los Angeles. It competes in the National Basketball Association (NBA) as a member of the Pacific Division of the Western Conference, playing home games at Crypto.com Arena, which is also shared with the Los Angeles Sparks of the Women's National Basketball Association and the Los Angeles Kings of the National Hockey League.