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© Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Lakers return $4.6 million from stimulus loan program
By GREG BEACHAM LOS ANGELES©2024 GPlusMedia Inc.
6 Comments
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bearandrodent
Good PR move - better than being bashed on social media.
Mocheake
As well they should. Let's name and shame any other teams that took money they don't need.
taj
Small business loan. Small. Who approved the Lakers and Shake Shack to begin with?
René Pihlak
shameful. they shouldn't have applied for it in the first place!
smithinjapan
Hope they still get all the negative publicity and lose support and fans. Disgusting cowards.
lostrune2
From the article:
The Lakers qualified for the program because they have only about 300 employees. But the team is thought to be the NBA's second-most valuable franchise, with Forbes estimating a value of roughly $4 billion.
But they shouldn't have applied in the first place - they don't really need the money, especially at mere $4.6 million not gonna be of much use to them