L.A. Loves Their Lakers

L.A. Coliseum...capacity crowd

LOS ANGELES, California — The streets of downtown were transformed into a sea of purple and gold on Wednesday as tens of thousands of joyous Los Angeles Lakers fans joined their team in a raucous but mostly peaceful celebration of its 15th NBA championship.
Facing a $500 million deficit, laid off city workers howled at the thought cash-strapped L.A. would pay $2 million of taxpayers money for services and crowd control for one of the most profitable franchises in sports - despite the fact that Lakers' victory elicited riots Sunday night.
After much hand-wringing, the Lakers coughed up half the money, local billionaires and an Indian casino the rest, saying the city couldn't afford not to celebrate the Lakers.
There's over a hundred games each season. An estimated $1.5 million generated per game, about $150 million per season.
In fact the city estimates today's parade will generate another $15 million.
CBS News report HERE