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.

LeBron James, do you owe Cleveland anything? “I don’t owe anybody anything”

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It will be the biggest off-court topic of the NBA season: Will LeBron James stay with the Cavaliers after this season?

Right now, LeBron doesn’t know the answer to that question for sure. I’m sure he has ideas, but he wisely leaves all his options open, then can make a call next summer when the time comes.

When that time does come, does he owe his hometown Cleveland anything? LeBron answered that question in the latest issue of GQ, and he answered with an emphatic no.

“LeBron James owes nobody anything. Nobody,” he said. “When my mother told me I don’t owe her anything, from that point in time, I don’t owe anybody anything. But what I will give to the city of Cleveland is passion, commitment, and inspiration. As long as I put that jersey on, that’s what I represent. That’s why I’m there — to inspire that city. But I don’t owe anybody anything.”

That’s not what Cavs fans may want to hear, but it’s also spot on. LeBron has given this franchise everything he has, he has brought them the first title the team has had in 50 years, and nobody sane can question his passion or how hard he plays.

LeBron could well get to his eighth straight NBA Finals, feel he’s on a team that can push the Warriors, then look at his options — the Lakers and a young core that doesn’t defend well, for example — and think maybe he’s best where he’s at. Perhaps he teams up with another star in Los Angeles or somewhere else. If LeBron called up 28 teams and said “I want to come there” those teams would make whatever moves they needed to for the deal to happen. (I say 28 because the Warriors wouldn’t, and even they’d think about it.)

LeBron has the leverage, and he is always a guy who keeps his options open. He will be asked about his future in every road stop, he will dodge the questions, and we’ll try to read the tea leaves, but as of right now LeBron doesn’t know for sure what LeBron will do next summer. Neither do we.

Report: Final season of LaMarcus Aldridge’s contract extension just $7 million guaranteed

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Spurs big LaMarcus Aldridge, who will earn $21,461,010 this season, agreed to exercise his $22,347,015 player option for 2018-19 in conjunction with signing a two-year, $50 million contract extension.

As usual, the devil is in the details.

Adrian Wojnarowski of ESPN:

Guaranteeing Aldridge just $7 million in 2020-21, when he’ll be 35, is obviously to San Antonio’s advantage relative to fully guaranteeing his extension. But it sets up an uneasy choice for the Spurs. Their three options for Aldridge will be:

  • Pay him $24 million in 2020-21 to play for them
  • Pay him $7 million in 2020-21 not to play for them
  • Pay him $2,333,333 in each 2020-21, 2021-22 and 2022-23 not to play for them

There’s a solid chance that none of those are appealing.

Some speculated San Antonio extended Aldridge to facilitate a trade, removing uncertainty stemming from Aldridge’s player option. Though the Spurs now can’t trade him before the deadline, they could move him in the offseason.

But that 15% trade kicker is a significant inhibitor. His salary is already lofty for his age. An increase would only dissuade teams.

The simplest explanation is probably correct: The Spurs value the stability of their core, no matter how old it is, over flexibility.

Thunder give P.J. Dozier No. 35, Kevin Durant’s old number

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The Thunder signed P.J. Dozier, who went undrafted out of South Carolina, to a seemingly innocuous two-way contract.

Then, they let him pick No. 35 – previously worn by Kevin Durant.

Erik Horne of The Oklahoman:

Honoring Reggie Lewis seems like a valid reason for Dozier, who probably didn’t want to get swept into what has become a minor controversy.

Personally, I don’t mind a player wearing any unretired number. Even numbers that will clearly be retired can be fair game until the jersey goes into the rafters. This is a non-issue to me.

But people care about this stuff. Many see it as a sign of disrespect to Durant, who left Oklahoma City on bad terms when signing with the Warriors. The Thunder lose deniability about not caring, considering they told Dion Waiters he couldn’t wear No. 13, which was previously worn by James Harden.

Will Oklahoma City eventually retire Durant’s No. 35? He spent a fantastic eight years there (and another season with the Seattle SuperSonics before they moved). Time will ease the bitterness of his exit. It’s certainly possible he’s honored that way.

In the meantime, let Dozier wear No. 35 in peace. It should have nothing to do with Durant.

Cornrowed Joel Embiid calls minute limit f—ing BS

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76ers center Joel Embiid made clear yesterday he disliked the minute restriction placed on him, which Philadelphia coach Brett Brown said would keep Embiid below 20 minutes per game.

Today, sporting a new hairstyle, Embiid upped the rhetoric.

Embiid, via Jessica Camerato of NBC Sports Philadelphia:

“That’s f—ing BS,” he said after practice Tuesday. “I wish I was playing more minutes. I think I’m ready for more than I don’t know whatever number they have.”

“I think the concept of minute restrictions is kind of complicated,” Embiid said. “I don’t think there should ever be minute restrictions. I think it should always be about how my body feels and how it’s reacting.”

“They know that I’m frustrated, but once again you’ve got to trust the doctors,” Embiid said. “They care about me. It’s all about the long-term view.”

“Like I always say,” he said, “you’ve got to trust the process.”

We’ve been here before – an injury-prone Philadelphia center rocking cornrows (at least Embiid went all the way with them) and Embiid lashing out at his minute limit.

Embiid is incredibly competitive, and he can’t just turn it off. It’s an attribute that contributes to his on-court excellence.

Embiid appears to have just enough trust-the-process perspective here, but Brown will also likely have his hands full keeping Embiid from getting too frustrated throughout the season.

At least Embiid has his contract extension and isn’t restless to get on the court and earn his big payday.