Utah Jazz v Los Angeles Lakers

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.

Westbrook hits game-winner as Thunder beat Jazz 97-95 (VIDEO)

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SALT LAKE CITY (AP) —  Russell Westbrook hit a pull-up jumper with 1.4 seconds left, and the Oklahoma City Thunder stopped Utah’s six-game win streak with a 97-95 victory over the Jazz on Monday night.

Westbrook took over down the stretch and scored 11 of the Thunder’s final 13 points after going cold in the third quarter. He finished with 38 points, 10 rebounds and 10 assists for his 22nd triple-double of the season.

Alec Burks missed the final shot for the Jazz as time expired.

Victor Oladipo scored 18 for Oklahoma City.

Gordon Hayward led Utah with 17 points.

The Jazz rallied in the third quarter with a 13-0 run to take a 66-60 lead, but the Thunder pulled within three early in the fourth thanks to five straight points from Oladipo.

The Thunder took a 56-53 lead into halftime after Westbrook dominated the second, The dynamic point guard scored 14 in the quarter to give him 22 at the break.

TIP-INS

Thunder: Steven Adams returned from a two-game absence due to a concussion. … Reserve Enes Kanter scored 14 against his former team.

Jazz: Hall of Fame coach Jerry Sloan sat with his Hall of Fame point guard John Stockton during the game.

STAYING PUT

The Jazz announced Monday that ownership of the team and Vivint SmartHome Arena has been transferred from Gail Miller to a legacy trust in a move that ensures the team will remain in the family for generations. Miller said the primary reason for the transfer is to make sure the team stays in the state.

HOOD UPDATE

Rodney Hood missed his fourth consecutive game with a right knee hyperextension and bone bruise.

“The original timeline was 2-4 weeks and, as far as I know, he’s on track with that,” Jazz coach Quin Snyder said. “He’s been in getting treatment and starting to do some work on the court. They’re doing all the different measurements and balance tests and all those things.

“He’s making good progress. But I don’t know if that means we’re going to see him later this week or next week. There’s another phase there to clear him for some more competitive stuff … and see how he’s feeling. But right now he’s feeling good.”

Terrence Jones scores 36, leads Pelicans past Cavaliers 124-122

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NEW ORLEANS (AP) — Terrence Jones filled in brilliantly for injured All-Star Anthony Davis, scoring a season-high 36 points, grabbing 11 rebounds and blocking LeBron James‘ dunk attempt in the fourth quarter, and the New Orleans Pelicans beat the Cleveland Cavaliers 124-122 on Monday night.

Jrue Holiday added 33 points and 10 assists for the Pelicans, and Langston Galloway capped a 12-point night with a clean steal on James’ drive in the final minute, preventing the Cavs from erasing a deficit they had trimmed from 22 late in the first half to three with 1:32 left in the game.

Kyrie Irving scoring 35 of his 49 points in the second half, but the Cleveland fell to its fifth loss in seven games. James had 26 points, 12 assists and 10 rebounds.

Two of Cleveland’s recent losses came against Western Conference leaders Golden State and San Antonio, but two others have come against teams currently outside the playoff picture in the West: New Orleans and Portland.

Kevin Love had 22 points for Cleveland, which could not quite keep pace with a Pelicans squad that tied a season high for 3-pointers with 16 and shot 49.4 percent (43 of 87).

Donatas Moteijunas scored 14 for New Orleans, while Dante Cunningham scored 11. Each hit a pair of 3s.

The Cavs drained 15 3s, eight by Irving, whose step-back jumper from long range had Cleveland within three with 21 seconds to go, but the Cavs got no closer until Love’s anticlimactic 3 in the final second.

Embarrassed in a 29-point loss to NBA-worst Brooklyn at home on Friday, the Pelicans were eager for a chance to redeem themselves with a competitive showing against the defending champs. That did not appear likely when New Orleans announced less than an hour before tip-off that Davis would be unable to play because of his right leg bruise lingering from a collision with the Nets’ Spencer Dinwiddie.

Coach Alvin Gentry inserted Jones for Davis as the starting center, and he responded with arguably the most dynamic half of play in the fifth-year veteran’s career. He hit all eight of his shots in the first half, scoring 22 points on an array of jumpers – including two 3s – weaving drives and feisty put-backs.

Holiday, meanwhile, got into an equally prolific rhythm, hitting three 3s and highlighting several impressive drives to the hoop with a two-handed dunk. Holiday’s pullup jumper from just inside the 3-point line with 6 seconds left in the second quarter gave him 22 points and New Orleans a 22-point lead, and Holiday pumped his fist while one of the biggest crowds of the season went wild.

In the last second of the half, James executed a long inbound pass to Love, who converted a quick-release layup to make it 70-50.

TIP-INS

Cavaliers: Coach Tyronn Lue was assessed a technical foul by official Leroy Richardson after the coach chastised Richardson for a late whistle giving Moteijunas free throws following a missed layup. … The Cavs won the teams’ only other meeting this season, 90-82 in Cleveland on Jan. 2. … Irving slung in what would have been a sensational, off-balance, one-handed shot from about 30 feet, but it didn’t count because it came too late after Irving was fouled by Tyreke Evans as the pair pursued a loose ball near mid-court.

Pelicans: New Orleans improved to 2-2 without Davis in the lineup. … G E'Twaun Moore, who is 6-foot-4, delighted the crowd by rejecting the 6-8 James near the basket in the first half. … New Orleans shot 60.5 percent (26 of 43) in the first half.=

 

Heat’s Dion Waiters drains game-winning three to knock off Warriors (VIDEO)

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Last week Golden State crushed Cleveland, Oklahoma City, and Houston.

But none of those teams had Dion Waiters.

The final three of Waiters’ 33 points came on a deep pull-up three with 0.6 seconds left to give Miami a 105-102 upset of the Warriors. Waiters shot 13-of-20 overall and 6-of-8 from three.

This was a night the Warriors just could not get the three ball to fall, shooting 8-of-30 (26.7 percent) from deep. This ended Golden State’s seven-game win streak and extended the Miami win streak to four.

Joakim Noah with as ugly a free throw as you’ll see. And he knows it. (VIDEO)

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Joakim Noah used to be a good free throw shooter, he’s hit 70 percent for his career. But he’s shooting just 42.9 percent this season.

And no miss was uglier than the one Monday night against the Pacers.

The best part of this airball was Noah’s reaction — he knew it was bad the second he let it go.

If you want to draw parallels with the Knicks’ season, go for it.