Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

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)
LAist relies on your reader support.
Your tax-deductible gift today powers our reporters and keeps us independent. We rely on you, our reader, not paywalls to stay funded because we believe important news and information should be freely accessible to all.

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.