
Originally Posted by
oliver1013
The Lakers are the reigning NBA champions after defeating the Boston Celtics in the 2010 NBA Finals 4–3. The Finals victory gave the franchise their 16th championship. As of 2010, the Lakers are the most valuable NBA franchise according to Forbes, having an estimated value of $607 million.
The 1980s Lakers were nicknamed "Showtime" due to their Magic Johnson-led fast break-offense, and won five championships in a nine-year span.
The Lakers hold the record for NBA's longest winning streak (33), set during the 1971–72 season. Sixteen Hall of Famers have played for Los Angeles, while four have coached the team. Four Lakers—Kareem Abdul-Jabbar, Magic Johnson, Shaquille O'Neal and Kobe Bryant—have won the NBA Most Valuable Player Awards for a total of eight awards.