Milwaukee Democrat Rep Encourages People to Obstruct ICE from Arresting Criminal Illegal A...
Scott Jennings Schools CNN Panelists on Why an Activist Judge’s Arrest Had to...
FOIA Revelation: Biden White House Labeled Libs of TikTok and Gays Against Groomers...
Ken Dilanian Loved Going After Trump but Thinks Arresting Judges Who Break the...
As More Activist Judges Get Arrested Let’s Remind Democrats that ‘No One Is...
Writer and Pop Culture Expert Says Draft Overlooking Shedeur Sanders is Like Whipping...
Epstein Accuser and Abuse Survivor Virginia Giuffre Found Dead by Suicide
Jamie Raskin is OUTRAGED that a Judge Could Face Justice for Allegedly Helping...
Kash Patel's 'No One Is Above the Law' Judicial Perp Walk Pic Is...
Guy Benson Questions 'Dill'-emma: Friend Ousted from Pickleball League Over Politics
Judiciary Dems Begin Campaign of Lies to Defend Judge Who Allegedly Helped Illegal...
Once Again, Democrats Believe They're Above the Law
CNN Reports U.S. Allies Are 'Alarmed' by President Trump's Ukraine-Russia Peace Plan
White House Rapid Response Releases Hilarious Video Encouraging Illegals to Get Out Now...
Pete Hegseth’s ‘Fit, Not Fat’ Reserve Push Echoes My Army National Guard Dad’s...

Los Angeles Lakers return around $4.6 million they received in coronavirus bailout money

A lot of big businesses, like Shake Shack and Ruth’s Chris Steak House, that received millions from coronavirus relief legislation have given it back. Harvard University faced similar backlash when it was found the school, which is sitting on a $40 billion endowment, took $9 million in relief from the CARES Act — President Trump even called out Harvard by name during a press briefing to let both the school and the public know they’d be paying the money back.

Advertisement

Now another “small business,” the Los Angeles Lakers, has told ESPN it would be returning around $4.6 million.

We imagine ticket takers and concession workers might need paycheck protection, but not LeBron James.

ESPN reports:

The Lakers, one of the NBA’s most profitable franchises, applied for relief through the Small Business Administration’s Paycheck Protection Program, and were among the companies and nonprofits granted loans during the first round of distributions. But after reports that several large or highly capitalized entities were securing aid from the program’s initial $349 billion pool — while hundreds of thousands of smaller businesses were shut out — the Lakers said they returned the money.

Hey, they qualified under the legislation as written.

But once they heard that the money had run out before small businesses that needed it actually got a share, they decided to return it. At least, that’s their story.

Advertisement

Advertisement

Let’s see if any other NBA teams step up to admit they took millions from the program.


Related:

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement