Lakers Shocker! Dozens Laid Off Amid Sweeping Business Reorganization

Published 15 minutes ago2 minute read
Precious Eseaye
Precious Eseaye
Lakers Shocker! Dozens Laid Off Amid Sweeping Business Reorganization

The Los Angeles Lakers organization is undergoing a significant restructuring under its new franchise leadership, which has led to layoffs affecting over a dozen employees. This reorganization comes after the NBA board of governors approved the sale of the Lakers to businessman Mark Walter in October, valuing the team at an impressive $10 billion. The sale marked a historic transition, as the Buss family had owned the franchise for nearly 50 years.

On the business front, the Lakers have already seen substantial changes in recent months. Lon Rosen was appointed as the new president of business operations, taking over from longtime president Tim Harris. Additionally, Michael Spetner joined as chief strategy and growth officer, and Ryan Kantor was hired as vice president of global partnerships. The recent layoffs impacted various departments, including marketing, team communications, team content, and corporate partnerships, signaling a comprehensive overhaul of the team's operational structure.

In contrast to the business side's restructuring, the Lakers have been actively expanding their basketball operations. Rob Pelinka, the president of basketball operations and general manager, recently brought in Tony Bennett, a highly respected two-time Naismith Coach of the Year and NCAA championship coach from the University of Virginia, as a draft consultant and advisor. The team also welcomed Rohan Ramadas as its new assistant general manager of strategy and data systems.

Looking ahead, Pelinka has outlined further investments in the team's basketball infrastructure. During the annual end-of-season exit interviews, he announced plans to hire an additional assistant general manager with a focus on "pro scouting, draft scouting, [and] player development." Moreover, the Lakers are committed to enhancing player training and recovery by developing a state-of-the-art "biomechanics lab, new movement lab and a recovery lab" at their UCLA Health Training Center practice facility, underscoring a strategic investment in athletic performance and development.

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