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The “Los Angeles Lakers” is a team situated in Los Angeles, California. The team plays in the Pacific Division in the National Basketball Association of the Western Conference. The Los Angeles Lakers are one of the most victorious teams in the history of the NBA and they have frequently won 16 NBA championships.

The Lakers are also recognized as the second most valued NBA franchise reported by Forbes, with an estimated value of $1 billion.

In the year 1947, the franchise of Los Angeles Laker began with the buying of a separated team named the Detroit Gems of the NBL. The new team called themselves the “Minneapolis Lakers” to honor the state’s given name “Land of 10,000 Lakes”.

The Lakers had winnings during the years 1948 and 1949, they won the 1948 NBL championship before joining opposing Basketball Association of America (BAA). They also won five of the next six NBA and BAA championships in Minneapolis after the NBA was established in the year 1949.

The Los Angeles Lakers were also forced by center George Mikan, who was recognized as the league’s “first superstar”. The Lakers have fought the financial crisis on their late 50’s and was being displaced to Los Angeles.

During the 1960s, the Lakers made the NBA Finals six times, which was led by Hall of Famers Jerry West and Elgin Baylor, however, the team lost every series with their battle with the Boston Celtics.

The Lakers lost the finals during the years of 1968 an 1969 but recovered and won their sixth NBA title in the year 1970. Due to their five championship winnings in a nine-year period, the Lakers were nicknamed “Showtime” which also highlighted their first victory against the Boston Celtics in the year 1985.

After the ups and downs of the Los Angeles Lakers’ basketball career during the years 2004 and 2008 NBA Finals, the Lakers won championships with their battles against Orlando magic in 2009 and the Boston Celtics in 2010.

Until recent times, the Lakers still hold the record for the NBA’s longest winning lines.

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