Support for LAist comes from
Local and national news, NPR, things to do, food recommendations and guides to Los Angeles, Orange County and the Inland Empire
Stay Connected
Listen

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

News

Who to Thank for the Lakers Parade

Lakers-Parade-Basketball.jpg
LA Mayor Antonio Villaraigosa today speaks at a news conference to announce plans for the Los Angeles Lakers' NBA championship victory parade (AP Photo/Reed Saxon)
()

Congress has cut federal funding for public media — a $3.4 million loss for LAist. We count on readers like you to protect our nonprofit newsroom. Become a monthly member and sustain local journalism.

Under pressure not to spend nearly a million dollars in city money for the Lakers parade tomorrow, Mayor Antonio Villaraigosa raised $850,000 from private donors to offset costs. "If we hadn't had a parade, you've have had a whole bevy of other people criticizing," he said.

Those who helped include Casey and Laura Wasserman, Jerry and Margie Perenchio, Haim and Cheryl Saban, Eli and Edythe Broad, Joe and Sharon Hernandez of Melissa's Fruits and Vegetables, Ed and Gayle Roski and the San Manuel Band of Mission Indians in Highland, according to the Associated Press. The Lakers, who agreed to split the costs evenly with the city, are paying one million dollars for the event.

"C'mon folks, the fact of the matter is you're going to celebrate a victory like that," Villaraigosa said. "We saw on (Sunday) night people came without a parade and look what happened. I think it's better that we organize it, I think it's better that we celebrate in a peaceful way, and I take responsibility." He estimated that the parade will add a $15 million economic benefit to the local economy.

Attending? Full info on the parade can be found here.

As Editor-in-Chief of our newsroom, I’m extremely proud of the work our top-notch journalists are doing here at LAist. We’re doing more hard-hitting watchdog journalism than ever before — powerful reporting on the economy, elections, climate and the homelessness crisis that is making a difference in your lives. At the same time, it’s never been more difficult to maintain a paywall-free, independent news source that informs, inspires, and engages everyone.

Simply put, we cannot do this essential work without your help. Federal funding for public media has been clawed back by Congress and that means LAist has lost $3.4 million in federal funding over the next two years. So we’re asking for your help. LAist has been there for you and we’re asking you to be here for us.

We rely on donations from readers like you to stay independent, which keeps our nonprofit newsroom strong and accountable to you.

No matter where you stand on the political spectrum, press freedom is at the core of keeping our nation free and fair. And as the landscape of free press changes, LAist will remain a voice you know and trust, but the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news from our community.

Please take action today to support your trusted source for local news with a donation that makes sense for your budget.

Thank you for your generous support and believing in independent news.

Chip in now to fund your local journalism
A row of graphics payment types: Visa, MasterCard, Apple Pay and PayPal, and  below a lock with Secure Payment text to the right
(
LAist
)

Trending on LAist