In 1998, the Metropolitan Basketball Association was formed as a regional-based professional league which also challenged the commercial Philippine Basketball Association. The Lakers of coach Bonnie Garcia were paraded by former University of Manila stars Biboy Simon and Jovy Sese, Manuel Luis Quezon University standout Wynne Arboleda and the former Letran Knights high-flying Mike Garcia, known for wearing different shoe colors and his dunks. 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 Laguna Lakers competed at the William Jones Cup as the Philippine representative in 2000 and 2001. In the 2001 edition, the Fed-Ex Laguna Lakers, with some players from the Philippine nationalyouth team, finished fourth after losing to Russian basketball team, Lokomotiv Novosibirsk in the de factothird place play-off with the final score of 71-81.
Departure
In 2001, the PBA's Tanduay Rhum Masters sold its PBA franchise to the Lina group for a reported 60–75 million pesos. The development led to the Lina group's departure from the MBA to concentrate on their new PBA franchise, which became named as the FedEx Express. 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.
Home Arenas
San Luis Sports Complex
Notable players
Randy Alcantara
Wynne Arboleda
Cris Bade
Rollie Basilides
Ryan Bernardo
Chris Clay
Val Domingo
Jeffrey Flowers
Mike Garcia
Rudy Hatfield
Sunny Margate
Richie Melencio
Ramon Regidor
Jovy Sese
Biboy Simon
Christian Nicdao
Melvin Taguines
Alvin Teng
Trivia
The Lakers are so named because Laguna encloses Laguna de Bay, a lake. In addition, "Laguna" came from Spanish word lago, which means "lake."