The LA Lakers History

The Lakers’ franchise likely has the richest history of any team in the NBA. Many great athletes have graced the courts the Lakers play on including superstars like Elgin Baylor, Wilt Chamberlin, Kareem Abdul-Jabbar, Magic Johnson, Shaq, and Kobe Bryant to name just a few. But before these icons played in L.A., the franchise was in Minnesota, which is why the team is named the Lakers. In 1960 the team drafted Jerry West, the figure of the NBA logo, and moved to Los Angeles. Throughout the years the Lakers developed several rivalries en route to claiming seventeen NBA titles. The biggest rivalry in NBA may have been between the Lakers and Celtics.

LA Lakers Ownership

The team was first bought in 1947 for just $15,000.. Current owner Jerry Buss bought the team back in 1979 for a then record $67.5 million. The team has changed hands many times and recently was valued at over 600 million dollars by Forbes. Such an expensive franchise also leads to the highest ticket prices in the NBA. This does not deter fans though as the Lakers have been able to sell out their stadium since 2008. Buss was on of the owners to first allow sponsors to add their names to the stadium name. Buss has been known to like blockbuster trades and anything that brings positive attention to Los Angeles.

The LA Lakers Arena

The Staples Center is the home of the Lakers Clippers, and the NHL’s Kings. With so many teams in the area, scheduling difficulties are not infrequent. The arena opened in 1999 and is capable of holding over 19,000 people for Laker games. The Staples Center is owned by the L.A. Arena Company and AEG. Before the Staples Center was built the Lakers spent thirty-two seasons playing in The Forum in Inglewood, CA.

Los Angeles Lakers Fan Base

The L.A. fan base is one of the most widespread groups in all of sports. Laker fans can easily be found across the nation. This is exemplified by the fact that the Lakers have the most purchased merchandise in all the NBA along with Kobe Bryant’s best selling jerseys. Due to L.A.’s proximity to Hollywood, the Staples Center often shines with movie stars. For example, Jack Nicholson has owned Lakers’ season tickets since the 1970’s.

Los Angeles Lakers Coaching

The Lakers’ Franchise has known several great coaches in its history, however none may be as great as Phil Jackson. Jackson’s great teams in Chicago and Los Angeles may have earned him the mark of the greatest NBA coach ever. Jackson owns the highest winning percent of any NBA coach by winning over 70% of his games. He also owns the record for the most coach and players championships with a total of thirteen. Jackson is so dominant that he has won the NBA championship in over half of the years he has coached. Phil Jackson may be the only coach who can overshadow other Lakers coaches like John Kundla and Pat Riley. Current coach Mike Brown is not as big of a name as these coaches however he knows how to handle the bright lights of Los Angeles after coaching LeBron James in Cleveland.

LA Lakers Betting

Since the Lakers’ fan base is so large, the team is one of the most gambled upon NBA teams. The recent and usual success of the team means that they are often favored in sportsbooks. Even during down years the Lakers seem to always have a superstar player or two that can keep them in any game. Regardless of the year the Lakers are always an intriguing wager and may be very difficult to bet against.