That’s according to ESPN’s NBA analyst Tim McMahon.
The Lakers have endured a torrid season so far, and look set to miss out on the playoffs.
A defeat against the LA Clippers last week pushed them to 5.5 games back from the final playoff spot.
With just 17 games remaining in the regular season, it seems unlikely that the team will be able to make a run into the postseason.
They were not helped by an injury crisis either, after LeBron James was ruled out for 17 games thanks to a groin strain on Christmas Day.
Kyle Kuzma, Brandon Ingram and Rajon Rondo have all suffered minor injuries, while Lonzo Ball looks set to sit out for the rest of the season.
Lakers head coach Luke Walton could be forced into playing second-string players for the rest of the season, as some have predicted the Lakers could tank for a better playoff pick.
Attention will now turn to the free agency market, with multiple all-star players available in the summer.
Kevin Durant, Klay Thompson, Kawhi Leonard, Jimmy Butler, Kyrie Irving and Kemba Walker could all opt into the free agency market and could be targets for the Lakers as they look to add a new superstar to team up with James.
And McMahon has declared that Magic Johnson and Rob Pelinka – Lakers president of basketball operations and general manager respectively – have to make a real statement this summer.
“There’s no point in going after these second-rate free agents,” he said on The Hoop Collective podcast.
“What’s the point? So you can sneak back into the playoffs and get spanked in the first round?
“You have to go either superstar, top level dude, or bust.
“The worst thing the Lakers can do is overpay for second-level talent and commit to mediocrity.”
Next up for the Lakers is a tough game against the Boston Celtics on Saturday night.