Lakers may consider amnesty of Pau Gasol this summer

52 Comments

Despite what some Lakers fans think ownership does not have an unlimited pocketbook.  Even with their new cable deal. The Buss family has always run the Lakers like a business, just one that plays with more revenue than other teams. Yes, they spent a lot to win but they also turned a profit every season — the Lakers are the sole business of the Buss family now. This is their livelihood.

Which brings us to the Lakers payroll, which is at $100 million for this season, which under the current system means another $30 million in luxury tax is added to that bill. And that bill makes Lakers ownership uncomfortable.

Without major roster changes the Lakers are on target for about $100 million in payroll next season as well — but under the new punitive luxury tax negotiated in the new CBA the Lakers tax bill would jump to $85 million total. That would be $185 million in payroll, plus they will have new revenue sharing bill that could be up to $50 million.

The Lakers are looking to shave that bill this summer.

They are not going to amnesty Kobe Bryant. That got brought up by some Lakers fans and pundits, but that is not how the Lakers relationship with Kobe works. He is too central to their marketing and identity right now. He is the Lakers.

Pau Gasol on the other hand… the Lakers probably wouldn’t amnesty him either. But they have to consider it writes Mike Bresnahan at the Los Angeles Times.

Waiving Gasol via the “amnesty” provision in July could potentially save them more than $60 million in luxury taxes. They would still have to pay his $19.3-million salary, though he could be snapped up by a bidding team that would owe the Lakers millions to help with that cost.

The Lakers also could try to trade Gasol, but his hefty salary next season could be difficult to move and they would likely have to take back salaries totaling at least $15 million, which wouldn’t really help a goal to avoid ridiculous luxury taxes.

I still think the Lakers will try to trade Gasol in an effort to get more athletic and younger, to get players that can better fit Mike D’Antoni’s preferred system. However, the hard part is the Lakers have a lot of cap space in 2014 (even if the re-sign Dwight Howard to a max deal) and it would be very hard to trade Gasol and not take back salary that impinges on that cap space.

The Lakers are likely to amnesty somebody. My guess is Metta World Peace and they try to replace his production with what they get back in a Gasol trade.

I think for one season the Lakers will bite the bullet on a big tax bill in an effort to win one more ring in the Kobe era. Then in the summer of 2014 things change dramatically.

But a Gasol amnesty is not out of the question and you know the Lakers have discussed it.

Steven Adams inks two-year, $25.2 million extension with Grizzlies

Getty Photo
0 Comments

Steven Adams signed a two-year, $25.2 million contract extension with Memphis, which will keep him tied to the team through the 2024-25 season. ESPN’s Adrian Wojanrowski broke the news on Saturday.

Adams has been crucial to the Grizzlies’ recent success. He’s coming off his first season with the team, where he averaged career-highs in rebounds (10.0) and assists (3.4). He also helped them lock up the No. 2 spot in the Western Conference and make it to the Conference Semifinals, where they lost to the eventual-champion Warriors 4-2. Despite the improved numbers, a lot of his value is from intangibles that don’t show up in the box score.

Adams spent the first seven years of his career with the Thunder before being traded to New Orleans in the four-team deal that sent Jrue Holiday to Milwaukee. Adams was moved again to Memphis in a package for Jonas Valanciunas.

Adams has found a new home with a young Grizzlies team that is looking to win a championship. The team is built around Ja Morant, Jaren Jackson Jr. and Desmond Bane, but Jackson Jr. is expected to miss time after being diagnosed with a stress fracture in his left foot. Memphis will rely on Adams more than ever to begin the season.

Watch Curry, Klay in 3-point shooting contest in Japan. Yeah, they’re good at this.

NBA Japan Games Saturday Night
Jun Sato/WireImage
0 Comments

The NBA went to Japan to promote the brand, play a few games in a huge market — Japan specifically but Asia as a whole — and put on a show.

Is there a better show than Stephen Curry and Klay Thompson draining 3s? Here they are in a 3-point contest during a basketball exhibition (there were some pro dunkers) in Tokyo on Saturday.

Stephen Curry, was there any other possible outcome?

It’s preseason and they are the defending champs — they should be having fun, playing with some joy.

Thompson took part in the shooting contest but is not playing in either of the exhibition games in Japan as the Warriors ease him back into play this season. It’s a marathon of a season and the Warriors need the best version of Klay starting in April, not October.

Report: Pelicans, Nance agree to two-year, $21.6 million extension

0 Comments

Larry Nance has been a stabilizing influence in New Orleans since coming over mid-season as part of the trade for CJ McCollum. Nance is a versatile player who can play the four or the five, knocks down his threes, is very strong on the glass, can be a disruptive defender in passing lanes, and fits in — and he has the veteran attitude of work this team needs.

So the Pelicans have reached an extension to keep the 29-year-old around for two years past this coming season, reports Adrian Wojnarowski of ESPN.

This is a signing that should make Pelicans fans happy. Importantly, it makes CJ McCollum happy — they are tight and this is something McCollum wanted to see. The money on this deal seems fair, about the league average for a solid rotation player.

Nance is the kind of veteran this team needs considering its young core of Zion Williamson, Brandon Ingram (just turned 25), Herb Jones, and guys like Trey Murphy III, Jose Alvarado, and others. Nance compared it to the young Lakers teams he was on, but noted that team lacked the same level of veteran leadership this Pelicans team has.

We may see more Nance at the five lineups — small ball with Zion at the four — to close games this season in New Orleans, that could be their best lineup because Nance can defend but also spaces the floor for Zion on offense. Coach Willie Green has a lot of different players and matchups to experiment with.

And now he has the stability of Nance for a few more years.

Durant tired of talking Nets dramatic offseason: ‘I didn’t miss any games’

0 Comments

No team had an offseason quite like the Brooklyn Nets. First, they would not give a long-term extension to Kyrie Irving, which sent the star guard looking for a new team (but there were no offers that worked for everyone, so he opted in with Brooklyn). Then Kevin Durant asked for a trade, and to gain a little leverage reportedly threw down an ultimatum of him or the coach and GM. No trade could be found — how much the Nets wanted one is up for debate — so he is back in Brooklyn. And all that is not even getting into the return of Ben Simmons, a trade for Royce O’Neal, or anything else.

The Nets drama and how they move past it has been the talk of training camp. The only talk at training camp, it feels like.

When asked Friday if there were any inaccuracies in the reporting of the Nets summer he would like to clear up, Durant sounded weary of rehashing the summer.

The only thing that will start to move the conversation in a new direction is the Nets playing and winning games (they open the preseason Monday against the 76ers). And even those wins will have the shadow of the offseason cast over them. Durant and Irving made this bed.

Part of the fascination is the Nets remain the team hardest to predict in the league. They arguably have the most talented roster in the league and, if everything comes together just right, they can contend for a title. It’s also possible the wheels fall off early and by Christmas the Nets are looking to trade Durant again. Both things feel possible (even if reality most likely lands somewhere in the middle).

That uncertainty about the Nets’ future is the drama that will keep eyeballs on them — which also means more questions about this past offseason. Durant can choose not to answer them, but the questions aren’t going away.