The Lakers have returned approximately $4.6 million that they received from a federal government program.

Aries

Administrator
The Lakers have returned approximately $4.6 million that they received from a federal government program.

The program was intended to help small businesses weather the economic burden caused by the coronavirus pandemic.


"The Lakers qualified for and received a loan under the Payroll Protection Program," the Lakers said in a statement to ESPN. "Once we found out the funds from the program had been depleted, we repaid the loan so that financial support would be directed to those most in need. The Lakers remain completely committed to supporting both our employees and our community."
 
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