Lakers conduct massive layoffs during ‘crazy’ reorganization under new ownership

The Lakers have conducted layoffs across multiple departments Wednesday, the California Post confirmed.

The layoffs are a part of a reorganization following the sale of the team from the Buss family to Mark Walter at a $10 billion valuation nearly a year ago.

The layoffs, which were described by team sources as “wild” and “crazy,” have followed a widespread restructuring over the last few months, including Lon Rosen replacing Tim Harris as president of business operations, Michael Spetner being hired as chief strategy and growth officer and Ryan Kantor being hired as vice president of global partnerships.

The Lakers also recently hired Tony Bennett as a draft consultant and advisor, as well as Rohan Ramadas as an assistant general manager of strategy and data system.

In addition, the Lakers’ G League team will be relocating from the South Bay to the Coachella Valley

Lakers general manager and president of basketball operations Rob Pelinka said he and Rosen are closely working with “some of the Dodgers folks” to add a biomechanics lab, new movement labs and a recovery lab in addition to “redoing aspects of the court” at their UCLA Health Training Center practice facility.

“It’s a full rebuild and retool, and it’s adding to the great things that are already here, which have led to success, but elevating it and bringing it to the next level,” Pelinka said after the Lakers were swept out of the second round of the playoffs by the Thunder earlier this month. “So, an ongoing process that we’ll be doing throughout the offseason, probably, hopefully, culminating in and around the Summer League in Vegas.”