For the past four years (2013-17), the Los Angeles Lakers seemed to have lost their magical ability to attract free agents or at least be in contention for each one on the market.
However, that's changed since Magic Johnson took over as the President of Basketball Operations for the franchise and he subsequently appointed Rob Pelinka as the General Manager. Together the duo, within a year, might not have made the franchise a championship contender but they have most certainly made it relevant once again.
The Lakers are the only team in NBA history to be able to rebuilt decade after decade and contend for championships. There has been no decade so far in league history where they have not been part of the championships round. This current decade (2011-20) might be the first though. But the franchise is back on the rise after they signed the league's best player LeBron James to a 4-year deal, solidifying their intentions to be a realistic future contender.
The franchise has made multiple moves since signing the King and don't seem to be done with various rumors constantly going around whether that's over Twitter or through reports. With the most recent tabloids suggesting that the team is interested in landing Carmelo Anthony, after he comes to an agreement to part ways with his current franchise - the Oklahoma City Thunder.