Report: Lakers will amnesty Metta World Peace

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The Lakers aren’t Riggin’ for Wiggins – signing veteran center Chris Kaman proves that – but they’re hedging their bets.

With Dwight Howard in Houston, Kobe Bryant injured, Pau Gasol old and Steve Nash older, the shine has worn off Lakers’ once-promising starting lineup. So, no sense keeping the weak link of that unit just to keep up appearances.

The Lakers will amnesty Metta World Peace, according to Kevin Ding of the Orange County Register.

The NBA hasn’t yet officially set its luxury-tax line, and it’s not yet determined what other moves the Lakers will make, so it’s impossible to give an exact amount they’ll save by amnestying World Peace. Some estimates peg the Lakers’ savings as high as $30 million, but I believe the true number will be much lower.

The Collective Bargaining Agreement calls for a progressive tax rate, so if the Lakers had re-signed Howard, World Peace’s salary would have been taxed at a much higher rate. Without Howard, the Lakers will likely fall not far above the tax line, and amnestying World Peace might even get them below it.

For estimating purposes, let’s say the Lakers’ payroll is equal to the luxury-tax line without World Peace’s $7,727,280 contract. That would mean his entire salary, and only his salary, would be taxed. The first $5 million would be taxed at $1.50 per dollar – totaling $7..5 million. The other $2,727,280 would be taxed at $1.75 per dollar – totaling $4,772,740.

In sum, by removing World Peace’s contract from their books, the Lakers would reduce their tax burden by $12,272,740 next season.

It’s more likely the actual number emerges as slightly higher than $12.3 million than slightly below $12.3 million, but that’s a decent estimate.

However, this discussion all amounts to more money for the Buss Family, even though they’ll have still to pay World Peace/

By amnestying World Peace, barring several other moves, the Lakers aren’t generating any cap room. At best, the most likely gain would be the ability to use the non-taxpayer mid-level exception ($5,150,000) rather than the taxpayer mid-level exception ($3,183,000).

But spending those extra couple million dollars might push the Lakers back over the luxury-tax line, which might not be so costly this season, but could be in future years. The Lakers should try avoiding the luxury tax this season, when their outlook is bleaker, so they delay triggering repeater penalties when they eventually assemble a better (read: more expensive) roster.

On the court, which is much less important here, the Lakers won’t really miss World Peace if they end up playing for lottery odds rather than a playoff berth – and they might not miss him much, anyway, if they’re trying to win as many games as possible, because he’s no longer a reliable starter. But with Earl Clark headed to Cleveland, the Lakers will need to add another small forward.

As for World Peace, he’ll go on the amnesty waiver wire. At 33, he’s clearly declining, and he might not fit in every locker room. But any contender with strong veteran leadership and cap room should at least enter a minimum-salary bid for him. At that price, he can’t really hurt.

Charles Barkley tells Shaq he had to ride the coattails of Kobe Bryant, Dwyane Wade (VIDEO)

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Shaquille O’Neal and Charles Barkley can sometimes get into it on TNT’s programming surrounding NBA games, but Tuesday night after the Cleveland Cavaliers beat the Boston Celtics in Game 4, 112-99, was something different.

The two got testy — even more so than usual — as Barkley and Shaq traded insults.

Most notably, O’Neal went after the fact that Barkley only once made the NBA Finals, while Chuck told Shaq he had to ride the coattails of Kobe Bryant and Dwyane Wade to get his rings.

It felt at least partially real, especially if you watch Ernie Johnson’s reaction during the back-and-forth.

Via Twitter:

Game 4 was more interesting, but a 30 minute special where Chuck and Shaq actually do move the furniture and throw down might draw more viewers than these playoffs.

Here’s Kyrie Irving going nuts on the Celtics in the third quarter of Game 3 (VIDEO)

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Kyrie Irving went crazy on the Boston Celtics on Tuesday, scoring 23 points in the third quarter while simultaneously saving the Cleveland Cavaliers in Game 4. Thanks to his efforts, the Cavaliers now have a chance to head back to Boston on Thursday for an elimination Game 5.

If you were unable to watch Irving go bananas as LeBron James struggled with foul trouble, it truly was a dazzling display. Cleveland scored a whopping 40 points in the third quarter alone, and Irving seemed energized by a rolled ankle he suffered in the period.

So without further ado, let’s take a look at how Kyrie got the Cavaliers’ groove back.

Via Twitter:

Not bad, not bad. If you like that sort of thing.

What I really like is this move that came in the fourth quarter.

I just fell out of my chair, someone help me up.

Cleveland beat Boston, 112-99. They now lead the series, 3-1.

Watch LeBron James miss a wide open dunk against the Celtics in Game 4 (VIDEO)

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LeBron James did not have a good first half on Tuesday night against the Boston Celtics. The Cleveland Cavaliers star had four fouls in the first half, the first time that had ever happened according to ESPN.

Things were not going well for James when he went up for a dunk with nary a defender in front of him and he still wound up being unable to convert the bucket.

This is something you don’t see every day.

Via Twitter:

Of course, thanks to a 23-point quarter by Kyrie Irving the missed dunk didn’t seem to mean much. LeBron’s playoff entry to Shaqtin’ A Fool will be duly noted.

Meanwhile, the Kyrie Irving saved the Cavaliers in Game 4 with a 42-point effort. The Cavaliers beat the Celtics, 112-99, and will have a chance to close the series Thursday night in Boston in Game 5.

Kyrie Irving scores 23 in third quarter, saves Cavaliers in Game 4 win over Celtics

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The Boston Celtics led by as many as 16 points, but Kyrie Irving‘s 23-point third quarter sparked a Cleveland Cavaliers comeback that the visiting squad could never match. With LeBron James struggling early, Irving’s incredible play helped Cleveland grab a win in Game 4, 112-99.

James was the big storyline as the game opened, as the King again struggled with scoring. James got himself into foul trouble hilariously early, racking up his fourth foul in the second quarter. It was the first time in his career that James had four fouls in the first half, and it hamstrung the Cavaliers.

Boston continued their effective play on offense, seemingly less predictable with Isaiah Thomas out with a hip injury. Avery Bradley and Jae Crowder were the stars for the Celtics, but after an incredible Game 3 performance Marcus Smart failed to deliver.

Irving’s big third quarter was of course the main storyline of the game, with the star guard going nuts on Celtics defenders with a bevy of crossovers, twisting layups, and pull up 3-pointers. He did all this after rolling his ankle, seemingly using the adrenaline to fight off both injury and a series tie at 2-2. Irving’s 23-point quarter fueled a 40-point period for Cleveland, helping them turn the tables and take a 7-point lead going into the fourth.

LeBron seemed to reactivate off Irving’s stellar play, and he wound up scoring 34 points on 15-of-27 shooting, adding six assists, five rebounds, a steal and a block. Irving finished with 42 points, going 4-of-7 from 3-point range to go along with four assists and three rebounds.

Boston was led by Bradley, who scored 19 points but went just 1-of-7 from 3-point range. Crowder added 18 points, eight rebounds, and four assists. Al Horford dropped 16 points, seven assists, and three rebounds.

Cleveland now has a chance to put us out of our misery and close this series in Boston in Game 5 on Thursday.

If the Cavaliers do close, the big questions that remain will be whether LeBron can perform steadily and if the Cavaliers have what it takes on defense to slow down the Golden State Warriors.