The Lakers will always attract the best talent because they're one of the largest markets in the NBA (similar to the Knicks) and they are one of the most storied franchises in the NBA.
Management has made some stupid decisions recently but its not like the entire organization is doomed to perpetual mediocrity. LEBRON JAMES is on the team (you know, the #1 or #2 player to ever play the game) and they have plenty of cap space to bring in at LEAST one other super star this off season.
Saying they're not elite anymore due to recent mismanagement is extremely short-sighted.