Lakers will not have quite as much 2014 cap space as some think

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While fans (and a lot of front office executives) around the league have enjoyed the Lakers stumbles last season, we all know the plan. And it’s a very feasible one.

The Lakers will muddle through this season then rebuild on the fly through free agency in the summer of 2014 when virtually everybody comes off the books. They can attack free agency hard and sign a couple max players. They have reportedly targeted LeBron James and Carmelo Anthony.

Except, the Lakers don’t have quite as much cap space as everyone thinks. Depending on what they do it could be more like $36 million.

The fantastic Jared Dubin had some fun with this at Grantland. For this post, I’m going to take what I think is the most logical scenario and talk cap space from there, using Dubin’s numbers, that includes the Larry Coon (ESPN’s cap guy) projection of a $62 million salary cap next summer.

The Lakers go into next summer with two contracts on the books — Steve Nash with $9.7 million and Robert Sacre at $915,243. Also, Nick Young could stick around as he has a $1.2 million option, but it is more likely he opts out to try and find a longer deal. So we’ll leave Young out of this.

But the Lakers don’t just have the difference between the $10.6 in guaranteed salary and the $62 million to spend.

Meet the cap hold — a placeholder salary that counts against what you can spend based on the value of what you could pay your free agents to come back (also that could include holds for draft picks and minimum contract players yet to be named to get you to a dozen roster spots). In the Lakers case there are cap holds for Kobe Bryant (almost $32 million), Pau Gasol ($20 million), Steve Blake ($7.6 million) and on down the line. With all their cap holds in place the Lakers are at $86 million, way over the cap and luxury tax line, they couldn’t sign anybody.

Most likely the Lakers will trade Gasol during the season or, when the time, comes, the Lakers will renounce their rights to every free agent on their roster not named Kobe. They will create cap space because when they renounce Gasol or anyone else he gets replaced by a $507,336 minimum salary hold. There also will be a salary hold for the Lakers first round pick next summer, the size of which depends on the draft spot but likely is upwards of $1 million, close to $1.5 million.

In Kobe’s case, I expect the Lakers will re-sign him to a discounted deal, much as Tim Duncan and Kevin Garnett did for their teams. While Kobe has said he doesn’t want a pay cut, I think that was negotiations and he’ll return for around $10 million.

So where does that leave the Lakers: Kobe at $10 million, Nash at $9.7 million, a draft pick around $1 million, Sacre at $915,243, and eight minimum salary cap holds, your grand total is around $26 million on the books.

Which leaves the Lakers around $36 million in cap space in the summer of 2014.

LeBron’s max is going to be about $20 million for the first year, ‘Melo’s is more like $23. The Lakers can’t swing them both at the max (and have fun trying to convince ‘Melo to take a pay cut). As I have said before, I doubt LeBron or Anthony bolt their respective teams, but consider that a fun exercise in the limits of what the Lakers can do. Remember, the Lakers want to be under the tax threshold line in the 2014-15 season to avoid the repeater tax.

Things could be different — the Lakers could waive Nash and use the stretch provision, for one, to get even more cap space. The Lakers could make a mid-season trade for star under contract (using Gasol and pieces as the bait) and have even less room. There are endless scenarios.

Most observers around the league expect the Lakers to bounce back fast — players want to be in Los Angeles and play for a storied franchise. But the new CBA makes the Lakers style of reloading far more difficult; they are going to have to get some players to come to them at a discount.

The goal of the new CBA was to make it hard and expensive on teams used to just spending to get what they want. The Lakers are a great example of how that is going to work.

Spurs sign undrafted former Virginia guard London Perrantes

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SAN ANTONIO (AP) The San Antonio Spurs have signed guard London Perrantes.

Michael Scott of Basketball Insiders:

The 22-year-old Perrantes wasn’t drafted out of Virginia this year but made summer league appearances for the Miami Heat in Las Vegas and Orlando.

The 6-foot-2 guard averaged 10 points, 5 assists, 2 rebounds and 1.5 steals in the MGM Resorts Summer League. He averaged 11.3 points, 4.8 assists, 3.8 rebounds and 1.3 steals in Orlando summer league action.

Perrantes set school career records at Virginia with 138 games and 4,425 minutes. He averaged 12.7 points, 3.8 assists and 3 rebounds during his senior season. He made 40.9 percent of his career 3-point attempts (211 of 516).

 

Danny Ainge: Isaiah Thomas’ hip played ‘some’ role in Kyrie Irving trade

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The Celtics gave up so much for Kyrie Irving, questions immediately emerged about the assets traded to Cleveland:

Are we all underrating the Nets, whose 2018 first-round pick Boston sent to Cleveland? Were Isaiah Thomas and Jae Crowder just products of Brad Stevens’ system? And is Thomas damaged goods?

Thomas will enter free agency next summer as a 29-year-old 5-foot-9 point guard seeking a max contract. That’s undoubtedly a concern.

But Cleveland is in win-now mode, as LeBron James can opt out of his contract next summer. As long Thomas maintains his star production between now and then, even if his next contract presents complications, the Cavaliers should be happy.

But a hip injury leaves uncertainty into how Thomas finishes this contract.

A. Sherrod Blakely of CSN New England:

Ainge, via Blakely:

“There’s probably a little bit of delay for Isaiah to start this year,” Ainge said in a conference call with reporters following the trade becoming official Tuesday night.

Adrian Wojnarowski of ESPN:

The Cavs are building for June, not October. A short delay in Thomas’ return is no big deal – as long as he fully recovers and isn’t at greater risk of future injury.

Those are big assumptions for someone in his position. His physical will be huge.

Clippers make changes, but progress?

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NBCSports.com’s Dan Feldman is grading every team’s offseason based on where the team stands now relative to its position entering the offseason. A ‘C’ means a team is in similar standing, with notches up or down from there.

Chris Paul is fantastic, the best point guard between Magic Johnson and Stephen Curry.

Paul’s departure might also help the Clippers – in the short- and long-term.

The same unrelenting unacceptance of anything less than perfection that drives Paul to personal greatness can also grate those around him. J.J. Redick spoke openly of a loss of joy. After six seasons together, Paul’s message might have worn especially thin on Blake Griffin and DeAndre Jordan. This could be a breath of fresh air in the locker room.

L.A’s return in the trade with the Rockets – Patrick Beverley, Lou Williams, Sam Dekker, Montrezl Harrell and a first-round pick – certainly softens the blow. That’s 1.5 starting-caliber players, 3.5 rotation-caliber players and a first-rounder – a very nice return if Paul were leaving anyway.

Long-term, it’s easy to see how committing $201 million over five years to a 32-year-old could backfire. The Clippers reportedly balked at that five-year max offer, but even the four-year max would’ve meant paying Paul $43 million at age 35.

There was a fine case for the Clippers to get younger and leaner (and happier) without Paul. Maybe they could’ve even ridden their Paul-built prestige, unprecedented in franchise history, and the L.A. market to chase the biggest free agents in the next couple years.

Except they didn’t do that.

The Clippers fell right back into win-now mode with risky bets.

They re-signed Griffin to a five-year max contract worth more than $171 million. They signed-and-traded for Danilo Gallinari, guaranteeing the forward nearly $65 million over three years and flipping the Houston first-rounder (while also shedding the overpaid Jamal Crawford).

Griffin, Gallinari and Beverley – the centerpiece of the Paul trade – are all nice players. But they all also carry significant injury risk. The 28-year-old Griffin has missed 83 games the last three years. The 29-year-old Gallinari has missed 203 games the last seven years, and he already hurt his thumb punching an opponent while playing for Italy. The 29-year-old Beverley has missed 78 games the last four years.

Injuries could derail any season with that trio leading the team, and whether the Clippers can shift courses anytime soon is out of their control. They have more than $49 million tied to player options for DeAndre Jordan ($24,119,025), Austin Rivers ($12.65 million), Milos Teodosic ($6.3 million) and Wesley Johnson ($6,134,520) next summer .

Even just the likeliest of those four, Austin Rivers, opting in would leave L.A. without max cap space. I’d also bet on Johnson, who has fallen into Doc Rivers’ doghouse, opting in.

Will the Clippers want Jordan and Teodosic to opt in or out? Those are mysteries – a particularly high-stakes one with Jordan, a premier center who will turn 30 next year.

Jordan’s situation will be especially tricky given Griffin and Gallinari. Griffin might be best at center, and Gallinari is certainly optimized at power forward. Does Jordan add more talent or create more of a logjam on this team?

At this point, I would’ve rather just maxed out Paul and Griffin for five years and hoped the franchises problems stemmed from bad luck. Foolproof? Hardly, especially because even if luck were the culprit, the people involved believing otherwise could’ve had lasting destructive effects on their mindsets.

It’s also worth noting that the Clippers didn’t necessarily have that choice. Paul might have left for James Harden and the Rockets even with a five-year max offer from L.A.. Re-signing Paul could’ve also pushed out Griffin.

There’s no choice but to grade the Clippers moves with some guesses at the counterfactual.

At least they clearly did well on some smaller moves.

Teodosic, who starred in Europe, is an intriguing 30-year-old rookie. Willie Reed appeared to be nice value at the minimum, but a domestic-violence charge is concerning. Kudos to owner Steve Ballmer for spending to acquire second-rounders Jawun Evans and Sindarius Thornwell.

Still, all these smaller additions must be weight against the smaller departures: Redick, Luc Mbah a Moute, Marreese Speights, Raymond Felton and Crawford. Those are several contributors heading out the door.

One key person staying? Coach Doc Rivers, who was stripped of his presidency after a lousy front-office tenure.

But how much did the Clippers really learn from the Rivers era? They put Lawrence Frank, another coach with no front-office experience before arriving in L.A., in charge of roster construction.

At least Frank can focus on only one job, not the two Rivers was handling. And Jerry West, Michael Winger and Trent Redden will provide a depth of front-office expertise this franchise was sorely lacking.

With lots of new faces and titles, the Clippers are in a more captivating place – but one that doesn’t look substantively different enough to be preferable to their old place.

Offseason grade: C-

Report: Kyrie Irving trade came together when Cavs stopped asking for Jayson Tatum

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We knew that Boston and Cleveland had talked previously about a possible Kyrie Irving trade, but the talks had gone nowhere because early on the Cavaliers were asking for recent No. 3 pick Jayson Tatum, along with a veteran player and a pick. Boston GM Danny Ainge had just traded the No. 1 pick and taken Tatum after that step back, no way he was going to move the Duke star.

What changed and got the deal done was the Cavaliers stopped asking about Tatum, said Shams Charania of The Vertical at Yahoo Sports in an interview on NBA TV.

“The big discussion point with Boston and Cleveland over the past several weeks on a potential deal has always been about Jayson Tatum’s involvement. The Cavaliers coveted him greatly. I think if Tatum was involved the first day these talks transpired, this deal would have been done weeks ago.”

What Cleveland got by opening their mind to other possibilities was an All-NBA point guard in Isaiah Thomas, a 3&D guy they needed in Jae Crowder, and the highly coveted unprotected Brooklyn Nets pick for the next draft.

You can see why the Cavaliers wanted Tatum, at Summer League he showed an ability to knock down shots, including difficult ones. He’s a guy who can walk into the NBA and score, which would have helped the Cavaliers now and going forward. But what they got in this trade was better — guys who can help them win now and flexibility for the future (they can keep that Brooklyn pick, or it could be traded for a veteran to help keep LeBron James in Cleveland).