The Lakers play their home games at Staples Center, a multi-purpose sports arena located in Downtown Los Angeles. In 2017/18, the average regular season home attendance for a Lakers game stood at 18,934. The team is currently the third most valuable sports team brand in the world with a franchise value amounting to about 3.3 billion U.S. dollars, as of 2018. In 2016/17, the Lakers generated more than 370 million U.S. dollars in revenue. The team’s operating income for that season amounted to 136 million U.S. dollars. The Lakers are currently owned by Jeanie Buss, daughter of former owner Jerry Buss, who passed away in 2013.
The Lakers are winners of 16 NBA championships and the team is considered one of the most successful in NBA history. Some of its most notable players include Kareem Abdul-Jabaar, Earvin “Magic” Johnson, Shaquille O’Neal, and Kobe Bryant. As of March 2018, the Lakers had a combined total of almost 29 million Facebook and Twitter fans and followers.