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The Lakers parade will go on -- for an estimated $2 million

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A few days ago, people around Los Angeles were wondering who would pay for a parade celebrating the Lakers’ NBA championship, with costs initially expected to run over $1 million.

The solution? The Lakers will pony up $1 million. And so will the city of Los Angeles.

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Though the 2002 version cost an estimated $1.1 million, it turns out this year’s event -- scheduled for Wednesday afternoon -- will probably be twice as expensive. The route runs from Staples Center to the Coliseum, which will charge a significant fee to rent the facility.

A debate has been raging because the city is facing a major budget crisis, seeking hundreds of millions of dollars in cuts. Employees are facing layoffs and mandatory furloughs. At the same time, the Lakers are a significant economic engine that drives a lot of money through the heart of Los Angeles.

So what happens if the Dodgers, with the best record in baseball, want to stretch their legs this fall?

-- Adam Rose

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