Los Angeles Lakers - additional information
The Los Angeles Lakers are one of the most successful basketball teams of all times, having won 16 NBA (National Basketball Association) championships, most recently in 2010. The team was established in 1947 in Minneapolis, Minnesota under the name Minneapolis Lakers and was initially a part of the National Basketball League (NBL). They joined the rival NBA in 1949, as part of the Pacific Division of the league's Western Conference and moved to Los Angeles before the 1960/1961 season.
In addition to being one of the most successful basketball teams on the court, the Lakers franchise is also one of the most valuable within the sport, according to Forbes. As of 2015, the franchise’s total value was estimated at 2.6 billion U.S. dollars, an increase in value of 95 percent compared to the previous year. The revenue of the Los Angeles Lakers was at 293 million U.S. dollars in the 2013/14 season, while the team’s operating income was an estimated 104 million U.S. dollars, showing an increase of approximately 40 percent from the previous year. The team has had on its roster some of the best basketball players in the world, such as Jerry West, Earvin ‘Magic’ Johnson, Wilt Chamberlain, Kareem Abdul-Jabbar, Shaquille O’Neal and Kobe Bryant. In the 2013/2014 season, the player expenses of the Los Angeles Lakers were at 81 million U.S. dollars.
The Lakers are very beloved by fans from all over the world. As of March 2015, the basketball team had more than 22 million Facebook fans and more than 4 million Twitter followers. Furthermore, during 2014/2015, the regular season home attendance of the franchise was 778,415, an average of 18,985 per game, more than the average NBA per game attendance. Lakers ticket prices for home games in 2014/15 have reached an estimated 102.25 U.S. dollars, twice the overall league-wide average ticket price.