Utah Jazz v Los Angeles Lakers

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

79 Comments

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.

DeMar DeRozan just missed spectacular in-game 360 poster dunk (VIDEO)

Leave a comment

Can a missed dunk attempt be brilliant?

DeMar DeRozan says yes.

The Toronto Raptors guard almost pulled off an in-game 360-dunk over a defender during the USA’s latest rout of China in an Olympics tune-up game. How impressive was the dunk? Ask LeBron James.

Kevin Durant shines in first game at new home Oracle Arena, USA routs China again 107-57

1 Comment

OAKLAND, Calif. (AP) — Cheered all night long by his basketball-crazed new fan base, Kevin Durant knocked down a 3-pointer on the Americans’ first touch and slammed home a dunk the very next time down the floor.

Then, another pretty one-handed jam just a few minutes after that.

What a performance for Golden State’s latest big star to help lead the U.S. Olympic team past China 107-57 on Tuesday night for a third dominant victory in as many exhibition games.

Durant, who finalized his two-year contract with the Warriors on July 8, scored all 13 of his points during a 13 1/2-minute span of the first half while playing his first game at his new home, Oracle Arena.

He was the first American player back on the floor after halftime to get in some more shots, all while Warriors general manager Bob Myers stood close by along the sideline.

Booed in Los Angeles a couple days back, Durant received a far more friendly reception in the Bay Area he will now call home. He emerged for pregame warmups to huge roars. He departed the court before the game to a swarm of autograph hounds hanging over the railings in the tunnel – and kindly obliged. One person held a sign that read, “KD is not a Villain.”

Durant received a rousing standing ovation when introduced along with Warriors All-Stars Draymond Green and Klay Thompson.

Also cheered was former Golden State forward Harrison Barnes, part of this past season’s runner-up team that squandered a 3-1 series lead to the Cleveland Cavaliers to miss out on a repeat title.

The sellout crowd went nuts again when Durant checked back into the game at the 2:32 mark of the third quarter.

Mike Krzyzewski’s latest star-studded roster sure looks untouchable just more than a week before the Rio Games begin.

Chants of “M-V-P! M-V-P!” greeted Durant in the building where Stephen Curry has won the past two NBA MVPs, becoming this first unanimous winner last season.

Curry – who opted out of playing for the Americans in their Rio Olympic run – had a courtside seat to watch with his wife, Ayesha.

Two-time Olympic gold medalist and former Warriors star Chris Mullin was in the house sitting next to Mitch Richmond.

Warriors assistant coach and former member of the Thunder staff Ron Adams was an early arrival to watch Durant’s warmup routine. At his introductory news conference, Durant joked, “Ron Adams was the only reason I came.”

Before joining Golden State, Durant and the Oklahoma City Thunder blew a 3-1 lead to the Warriors in the Western Conference finals. He is ready to chase a championship with Curry and Co.

Green, joined on the court by Durant and Thompson, took the microphone before tipoff to thank the fans.

“We appreciate the support,” he said. “We look forward to going on to Rio and winning the gold.”

It will be the second straight Olympics the Americans have three teammates on the roster. Durant, James Harden and Russell Westbrook represented the U.S. four years ago at the London Games.

The next stop for Krzyzewski’s team will be in Chicago to face Venezuela on Friday night at United Center before wrapping up its pre-Olympic tour against Nigeria on Monday in Houston.

China, which lost to the Americans 106-57 on Sunday, and the U.S. also meet in their Olympic opener Aug. 6.

A moment of silence was held for former Warriors great Nate Thurmond, a Hall of Famer who died earlier this month at age 74 after a short bout with leukemia.

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
8 Comments

On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
2 Comments

While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.