Los Angeles Lakers Histroy

The Los Angeles Lakers are one of the biggest and most decorated franchises in NBA history. With few of the most iconic players by its name, it is NBA's one of the most prestigious chapters. The Lakers' franchise initially emerged in 1947. Drawing inspiration from Minnesota's "Land of 10,000 Lakes" nickname, it paved its name. At the time, the Lakers were part of the National Basketball League. Soon, the franchise made a significant leap to the Basketball Association of America (BAA), ultimately lifting titles in the format.?

However, its charm dwindled close to the beginning of the 60s, prompting the team to relocate to Los Angeles. Regardless, the franchise's struggle stayed. Even though the Lakers reached the NBA finals six times during the 1960s, they fell short of securing the title each time. However, the Lakers' fortunes changed dramatically soon. With few of the greatest players on its roster, the Lakers paved through 8 NBA finals in the 80s, ultimately securing 5 of those. Furthermore, their dominant era marked an evolutionary checkpoint for the game of basketball.?

After their star players in the early 90s, the Lakers again faced a challenging period. This time, they endured their longest-ever NBA finals drought. However, change came in the 1999?2000 season with their new coach and set of young stars, who clinched a three-peat in the early 2000s. After being forced to rebuild, their next congratulations came in 2010, right before marking a grim tenure for the franchise.?

After failed all-star calibre collaborations, losing their franchise player to industries, and unfruitful rebuilding, the Lakers shook up their staff. Magic Johnson took over as the president of basketball operations, and soon, good times seemed on its way. Even though Johnson resigned early, his moves are still making noise in the Lakers' success.?

Los Angeles Lakers Owners

As one of the oldest franchises in the league, the Lakers boast a rich and diverse history. Like any enduring empire, their story unfolds through different eras and different orchestrators.

In 1947, Berger and Chalfen purchased the NBL's Detroit Gems. He transferred them to the Lakers and relocated to Minnesota. Over time, ownership changes ensued. Notable figures like Max Winter and George Mikan came into the picture. In 1957, the Lakers found themselves in the hands of Bob Short's investor group. They initially committed to keep the team in Minnesota. However, due to disappointing attendance and financial challenges, Short decided to move the team to Los Angeles in 1960.

Eventually, Bob Short sold the team to Jack Kent Cooke in 1965. Cooke's ownership of the Lakers continued until 1979, when he orchestrated a substantial sale. It included the Lakers, NHL's Los Angeles Kings, the Forum, and real estate to Jerry Buss for $67 million.?

Under Buss's leadership, the Lakers set a precedent by introducing stadium sponsorships renaming the Forum to the Great Western Forum in 1988. In 2013, following Buss's passing, his children assumed ownership responsibilities, with Jeanie Buss taking on the role of the Lakers' governor.

Los Angeles Lakers retired jerseys and HOF players

With over seven decades in basketball, the Lakers have produced some of the most illustrious superstars in the sport's history. Even in 2023, several of these players are debated for their greatness.

Collectively, the Lakers proudly boast more than 35 Hall of Fame inductees among their ranks. Additionally, they've retired a total of 13 jersey numbers, forever linking these iconic digits to the legendary players who wore them.

Los Angeles Lakers' active roster for 2023-24 season

Following a stretch of impressive teamwork and growing chemistry, the Lakers have retained significant players to solidify their roster for the 2023 season. Notably, they have also secured contract extensions for their superstar players.

What's more, they've bolstered their squad by adding fresh talent through free agency and draft picks.