The Los Angeles Lakers moved from Minneapolis after the 1959 season where they were known as the Minneapolis Lakers. The "Lakers" part of the nickname refers to Minnesota, known as the "Land of 10,000 Lakes".
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According to Wikipedia:
By 1890 New Yorkers (Brooklyn was a separate city until it became a borough in 1898) routinely called anyone from Brooklyn a "trolley dodger," due to the vast network of street car lines criss-crossing the borough as people dodged trains to play on the streets. When the second Washington Park burned down early in the 1891 season, the team moved to nearby Eastern Park, which was bordered on two sides by street car tracks. That's when the team was first called the Brooklyn Trolley Dodgers. That was soon shortened to Dodgers. Possibly because of the "street character" nature of Jack Dawkins, the "Artful Dodger" in Charles Dickens' Oliver Twist, sportswriters in the early 20th Century began referring to the Dodgers as the "Bums."
Source: http://en.wikipedia.org/wiki/Los_Angeles_Dodgers
More accurately, the LA Lakers used to be in Minneapolis. One of the nicknames of the city of Minneapolis is the "City of Lakes" due to chain of parks and lakes within city limits. Thus the former team name the "Minneapolis Lakers" which converted easily to the "LA Lakers" when the team moved, since the name Lakers starts with "LA".
Before the franchise moved to Los Angeles, they were located in Minneapolis (they were known as The Minneapolis Lakers). The name "Lakers" was given because of the fact that Minneapolis is known as the "City of Lakes" and it is close to the Great Lakes.
They were originally called the Minneapolis Lakers back in the early days of the NBA. The team was called the Lakers because of the 10,000 lakes in the state Minnesota. Therefore, when they moved to Los Angeles, they took the name with them.
Lakers got their name from Minneapolis, which they first originated from. Their name is the Lakers because of the Great Lakes in Minneapolis.