The Laguna Lakers (or the FedEx-Laguna Lakers) were a professional basketball team in the now-defunct Metropolitan Basketball Association from 1998 to 2001. The team was owned by Bert Lina, owner of the FedEx franchise in the Philippines. The team moniker was taken as a reference for the province's proximity to Laguna de Baý, a similar action taken by the then-Minneapolis Lakers of the National Basketball Association. The team played its home games at the San Luis Sports Complex.
The Lakers went 14–8 in the inaugural year but failed to enter the Northern Conference Finals. Simon recorded an MBA record 54 points in one game, which remained until the league's closure. In 1999, the Lakers went 16–14 in the elimination round and made the playoffs for the second straight year. The team added fil-Americans Cris Clay and Rudy Hatfield to bolster their lineup. However, Laguna was eliminated by the Pampanga Dragons, in a hard-fought three-game Wildcard series which saw Dragons point guard Roel Bravo hitting a three-pointer to give Pampanga the win.
In 2000, Laguna made its only MBA finals appearance in the Crossover Conference tournament, losing to the San Juan Knights in the finals. The Lakers made it to the National Playoffs, only to be eliminated by the same Knights team, 2–0. Jeff Flowers joined the team to power the Lakers frontline.
Laguna was renamed as the FedEx-Laguna Lakers for the 2001 season but lost to San Juan in the playoffs for the third-straight time.
The MBA, as a result, lost its Laguna franchise and one of its biggest sponsors, FedEx, before closing shop at the middle of the 2002 season.
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