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The Los Angeles Lakers are an American professional basketball team based in Los Angeles, California. They play in the Pacific Division of the Western Conference in the National Basketball Association (NBA). The Lakers play their home games at Staples Center, which they share with their local NBA rival, the Los Angeles Clippers, the Los Angeles Kings of the NHL, and the Los Angeles Sparks of the WNBA. The Lakers are one of the most successful teams in the history of the NBA, and have won 16 championships, their last being in 2010. As of 2011, the Lakers are the second most valuable NBA franchise according to Forbes, having an estimated value of $643 million.