The Los Angeles Lakers are an American basketball team competing in the Western Conference Pacific Division of the NBA. The franchise was founded in 1947 and plays its home games at Staples Center.
The Lakers have won 16 NBA Championships and are one of the most successful NBA franchise. They are also the second most valuable NBA franchise, having an estimated value of $1 billion. The 1980s Lakers, nicknamed 'Showtime' played exquisite Basketball and were fast and ruthless, and won five championships in a nine-year span, including their first ever Finals championship against the Celtics in 1985. This team featured Hall of Famers in Magic Johnson, Kareem Abdul-Jabbar, and James Worthy, and a Hall of Fame coach, Pat Riley. In the early 2000s, the Lakers won three championships in a row with the help of two future Hall of Famers - Shaquille O'Neal, and Kobe Bryant. Lakers won Conference Titles in 2004 and 2008, but lost in the Finals to the Detroit Pistons and Boston Celtics respectively. After a period of rebuilding, the Lakers won the championship twice in a row - in 2009 and 2010. Sixteen Hall of Famers have played for Los Angeles. On July 9th, 2018 Lakers signed LeBron James to a four-year, $154 million contract.