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Lakers' victory parade Monday; team says it will cover costs

June 18, 2010 |  7:48 am

The Lakers' victory parade will be Monday morning -- and the cash-strapped city won't be picking up the tab this time.

The parade is scheduled to start at 11 a.m. at Staples Center and head south on Figueroa Street. It is to end at USC's Galen Center off Jefferson Boulevard.

Last year, there was much public debate over the use of public funds to help pay for the parade after the Lakers beat the Orlando Magic for the NBA title. In the end, private donors stepped in to cover half the city's $1.8 million in costs for police protection and other services.

But last week, the team announced it would cover the costs of this year's parade.

The city's fiscal health is in even worse shape than it was last year. To close a $485-million budget shortfall, the council and mayor agreed to lay off hundreds of city workers and cut library hours. 

Throngs of fans are expected at the parade, and officials are urging parade-goers to take public transportation. The team will ride along the route on open-air floats.

-- Shelby Grad

Photo: Lakers fans inside Wolfgang Puck's restaurant at L.A. Live whoop it up after the team's Game 7 victory over the Celtics.

(Jay L. Clendenin / Los Angeles Times / June 17, 2010)