After a storm of protests opposing the use of public funds, two media executives and several other people stepped forward Monday to help the city pay for its share of Wednesday's parade celebrating the Lakers' 15th NBA championship.
Nearly half of the $900,000 the city needs to provide for police and traffic control has been donated by Casey and Laura Wasserman, Jerry and Margie Perenchio, and others, say sources close to the Lakers.
Casey Wasserman is the grandson of former Universal Pictures Chairman Lew Wasserman. Jerry Perenchio is former chairman of Univision Communications.
The Lakers and Anschutz Entertainment Group, which own Staples Center, have agreed to cover more than $1 million in parade production costs.
It's unclear where the remaining money will come from, but Mayor Antonio Villaraigosa has scheduled a news conference for this afternoon with Police Chief William J. Bratton and Laker guard Derek Fisher to discuss the financing.