From the George Mikan-led Minneapolis Lakers teams of the '40s and '50s to the "Showtime" era Magic Johnson teams of the late 1980s to Shaquille O'Neal and Kobe Bryant's dynasty of the early 21st century, one thing has been consistent about the Lakers: winning. The franchise has boasted a host of Hall of Famers and has compiled a string of championships which has scarcely been rivaled in the history of American sports.
The Los Angeles Lakers are a National Basketball Association (NBA) team based in Los Angeles, California. The Lakers play their home games at Staples Center, which they share with their local NBA rival, the Los Angeles Clippers, the Los Angeles Kings of the NHL, and the Los Angeles Sparks of the WNBA. 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, placing them second in NBA history behind the Celtics' 17. As of 2011, the Lakers are the second most valuable NBA franchise according to Forbes, having an estimated value of $643 million.