NRA's LaPierre said the gun group took a '$100 million hit' from recent legal battles

Wayne LaPierre
(Image credit: Getty Images)

The National Rifle Association, like most organizations, has probably been adversely affected by the COVID-19 pandemic, but it was in pretty bad financial shape before that, according to audio of CEO Wayne LaPierre obtained by NPR News. At a Jan. 11 NRA board meeting in Virginia, LaPierre said "the cost that we bore" from legal troubles in 2018 and 2019 "was probably about a $100 million hit in lost revenue and real cost," adding, "I mean, that's huge." In response, the NRA cut $80 million in costs and took the organization "down to the studs," he said.

The NRA laid off staff and announced pay cuts in March, blaming the coronavirus.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.