Inside Lakers

Inside Lakers Practice: LeBron James & Anthony Davis Prepare For NBA Return – Lakers Nation

Inside Lakers Practice: LeBron James & Anthony Davis Prepare For NBA Return – Lakers Nation
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Frank Lakers

Frank Vogel Addresses Lakers Roster Updates for Orlando | Los Angeles Lakers –

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Angeles Lakers

No Rift in Los Angeles Lakers Due to Opposing Stands by LeBron James and Dwight Howard: Reports – Essentially Sports

Since the NBA has agreed to a 22-team restart, players have had different views on it. Not all players were in favor of a restart. Brooklyn Nets star Kyrie Irving led a conference call on Friday saying the restart would distract the people from the ongoing protests against social issues. Meanwhile, Los Angeles Lakers star LeBron James felt otherwise.

James was not a part of Friday’s call that involved around 80 people. Reports suggest he felt the league restarting would not affect his ability to fight against social injustice. But two other Lakers players, Dwight Howard and Avery Bradley were in support of Irving’s views.

Howard also released a statement on the same. On Sunday, His agent Charles Briscoe came out saying people have been taking the statement wrongly. Talking to ESPN, Briscoe said his client’s statement was about social injustice and not basketball and that Howard has not taken his decision whether he would play if and when the league resumes.

“The statement was about social injustice and racism,” Briscoe said. “Yet everybody is still talking about whether basketball should be played. He isn’t saying that basketball shouldn’t be. He’s just saying that you should not be taking attention away from what’s going on in the country to talk about basketball.

“Basketball is just a sport, at the end of the day. But what’s going on with people dying in the streets, that’s something real. That statement, it had nothing to do with sports. It had everything to do with racism and social injustice.”

Los Angeles Lakers stay unified as a team in spite of differences in opinion within

While opinions with the Lakers team might be varying, there do not seem to be any issues within the team. ESPN quoted a Lakers player as saying there is “no divide” within the team.

Dwight Howard statement, provided by his agent, to CNN:

— Jill Martin (@ByJillMartin) June 14, 2020

As a team, the Lakers would be among the last ones who would be against the league’s restart. They have been among favorites to win the title this season. Prior to the league’s suspension, the Lakers were on top of the Western Conference with 49 wins. They had the best record in the league after Milwaukee Bucks.

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Lakers rumors

NBA Rumors: Lakers, Bucks Prefer Play-In Tournament To Group Stage Format In Playoffs –

The Los Angeles Lakers and Milwaukee Bucks were head and shoulders atop their respective conference standings when the NBA suspended operations due to the coronavirus (COVID-19) pandemic.

So regardless of how the league plans to resume the 2019-20 regular season, it’s understood that the Lakers and Bucks should receive some of the advantages of likely maintaining those No. 1 seeds.

However, with the season likely resuming in a bubble at Walt Disney World, the NBA is looking to get creative in other ways too. As teams hope to recoup some of the money that’s been lost, having just 16 teams enter the bubble may not be conducive.

Because of this, the league wants some way to get more teams involved. The Lakers and Bucks are both in favor of a play-in tournament as opposed to a Group Stage format that is popular with the World Cup, according to Kevin O’Connor of The Ringer:

Teams with top seeds, such as the West-leading Lakers and East-leading Bucks, are in favor of a play-in tournament, not a group stage, multiple league sources say.

A play-in tournament would be a compromise for those wanting to do a World Cup-style group stage. In this format, the No. 9 and No. 10 seeds from each conference would have a chance to steal the No. 8 and No. 7 seeds for the actual playoffs in a four-team tournament.

The first- and second-place teams from that tournament would be seeded No. 7 and No. 8, respectively. For the current Western Conference standings, the Dallas Mavericks, Memphis Grizzlies, Portland Trail Blazers and New Orleans Pelicans would be those teams.

It’s no surprise that the Lakers and the Bucks favor this change over the group stage, because nothing really changes for them in the long run. They would still play a seven-game series against a significantly inferior opponent, which is the design of the first round anyways.

After the play-in tournament, the playoffs would begin as normal with the new seeding in place at the bottom. Perhaps the standings were correct and it would still be the Mavericks and Grizzlies. Or the Trail Blazers and Pelicans could surprise people and wind up as one of the bottom two playoff teams.

In this format, absolutely nothing happens to the Nos. 3-6 seeds. They remain in the same spot and will play the same opponent.

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exactly Lakers

How, exactly, did the LA Lakers get a ‘small business’ loan? – CNN

(CNN)The Paycheck Protection Program had a very simple goal: Keep small businesses afloat during the economic strife caused by the nationwide quarantine put in place to prevent the spread of the coronavirus.

It was — and is — free money in the form of a forgiven loans from the federal government as long as the PPP loan is used for one of a handful of things — ranging from payroll to mortgage interest to rent.
Simple! And a savior for small businesses! Like the Los Angeles Lakers!
Wait, what?
“I never expected in a million years that the Los Angeles Lakers, which, I’m a big fan of the team, but I’m not a big fan of the fact that they took a $4.6 million loan,” Treasury Secretary Steven Mnuchin said on CNBC Tuesday morning. “I think that’s outrageous and I’m glad they returned it or they would have had liability.”
Yes, the Lakers, the storied NBA franchise of Magic Johnson, Kobe Bryant, Kareem Abdul-Jabbar and, now, LeBron James — applied for and received a $4.6 million loan via the Paycheck Protection Program. The same Lakers who, according to Forbes, are valued at $4.4 billion — that’s “billion” with a “b” — behind only the New York Knicks as the most valuable NBA franchise. (Despite Knicks owner James Dolan’s best efforts to destroy the team, they remain extremely valuable.)
The Lakers, faced with the obvious public outcry from the millions they got from the government, returned the money on Monday night.
“The Lakers qualified for and received a loan under the Payroll Protection Program,” a Lakers spokesperson wrote in a statement emailed to CNN Business. “However, once we found out the funds from the program had been depleted, we repaid the loan so that financial support would be directed to those most in need. The Lakers remain completely committed to supporting both our employees and our community.”
So, controversy over. But a question remains: How the heck did the Lakers qualify for a loan that was expressly aimed at helping small business bridge the financial gap between the beginning and (hopefully) the end of this period of stay-at-home orders and extreme social distancing?
Let’s start with rules for qualification for the PPP, as laid out by the Small Business Administration:
* “Any small business concern that meets SBA’s size standards”
* Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or Tribal business concern (sec. 31(b)(2)(C) of the Small Business Act) with the greater of:
500 employees, or that meets the SBA industry size standard if more than 500″
* “Any business with a NAICS Code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs less than 500 per location”
* “Sole proprietors, independent contractors, and self-employed persons”
(Nota bene: “SBA size standards” is just a table maintained by the agency that determines who can call itself a “small business’ by industry.)
The Lakers, while they are best known for the players on the court, also maintain a full- and part-time staff of just over 300 workers, which, technically, makes them eligible for a PPP loan. The Treasury Department effectively fixed that glitch late last week by issuing guidance that made clear that any business applying for a PPP loan had to attest “in good faith that their PPP loan request is necessary” and that the company lacked any other access to money to help them weather this difficult period. That move came after a series of well-known large businesses — Shake Shack, Ruth’s Chris and Potbelly — received millions in PPP loans even as the program quickly ran out of money.
Mnuchin said Tuesday morning that the Small Business Administration would be conducting “full” reviews of any loan via PPP over $2 million before that loan was forgiven by the government. “I think it was inappropriate for most of these companies to take the loans,” he added.
The Lakers’ loan will likely further exacerbate concerns — primarily among congressional Democrats — regarding the loan program and the way in which the federal government doled the money out.
“This has been an abject failure at implementing these laws,” Senate Minority Leader Chuck Schumer (D-New York) said on MSNBC Tuesday. “They don’t have the qualified personnel. They don’t have the focus.”
The lesson here? When the government offers up what is essentially free money, companies — of all sorts — run to grab it, whether or not we are in the midst of a global pandemic.

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