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.

Report: Markelle Fultz was available in trade packages on draft night

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The Philadelphia 76ers are saying all the right things about Markelle Fultz — they are patient, they believe in his work with his new trainer to rebuild his jump shot, and they see him as part of the future. Plus, his handles look sharp.

That doesn’t mean the Sixers are not willing to trade him in their pursuit of a star player. In fact, he was available on draft night in packages, reports Keith Pompey of the Philadelphia Inquirer.

The Sixers say they aren’t shopping him. However, there was a report that they had internal discussions about packing him with Nos. 10 and 26 picks to move up into the Top 5 in Thursday’s draft. And multiple league sources have said that Fultz was available to be traded.

But it’s hard to get equal value in return for trading someone relearning how to shoot. The Sixers know that. They also know that if things do come together, Fultz will be a special player. He has the potential to become the type of player they would regret trading away.

Outside of a handful of superstars, every player in the NBA is available in a trade, at least in theory. Fultz is no different. The question in his case is what do they see as an upgrade vs. his potential?

Kawhi Leonard would be an upgrade, unquestionably. Fultz could be part of a package to land Leonard in a trade (Fultz, Robert Covington, the Miami 2021 first rounder, and probably more picks would be a starting point). Once the Spurs get serious about a potential Leonard trade (they are not there yet) how enticing that offer might be comes down to what they think of Fultz and his potential.

The Sixers are not shy about their desire to land an established All-Star to pair with Ben Simmons and Joel Embiid. If they don’t get Leonard, they will be looking at the next All-Star who becomes available, and Fultz could be part of those deals, too.

Fultz is not playing in Summer League for the Sixers, but if he comes back this fall trusting his jumper and starting to look like the player who was drafted No. 1 that trade value goes way up (and the Sixers may be less inclined to move him).  It may be then before the Sixers can get a respectable return on any Fultz trade.

Report: Indiana to retain Bojan Bogdanovic, he could start again next season

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Bojan Bogdanovic is the kind of floor spacing shooter the Pacers need next to the attacking Victor Oladipo. He started 80 games for the team, scored 14.3 points per game and shot 40.2 percent from three.

Bogdanovic is due $10.5 million next season, but the Pacers can buy him out before next Friday (June 29) for $1.5 million.

They’re not going to do that, the Pacers are going to retain Bogdanovic, reports Ben Gibson at the Pacers site 8points9seconds.com.

The Indiana Pacers currently plan to retain Bojan Bogdanovic — whose contract is only partially guaranteed for next season — and would be comfortable going into next season with him as a starter, according to a source familiar with the Pacers offseason plans.

There’s no surprise here, it was expected. Bogdanovic provides genuine value to the team — they need him on the court as a shooter, he averaged the second most threes per game on the squad. And, as an expiring contract, he could be used in any potential trades for another star.

The Pacers also have a decision to make on Darren Collison, who is owed $10 million next season but has a $2 million buyout by July 1. They will probably keep him around.

Al Jefferson is owed $10 million next season but can be bought out for $4 million before next January 10. Expect the Pacers to exercise that option and buy him out well before that date.

Carmelo Anthony sends message to haters: ‘Take A Step Back… And Enjoy Life’

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When the expected became official and Carmelo Anthony opted to take the $27.8 million contractually owed him next season, there were groans from the Thunder faithful.

It was Anthony’s right — and everyone knew he was going to take the cash (we all would have done the same) — but his value on the court has shrunk and that’s what eats at the OKC faithful. Anthony’s response on Instagram was, essentially, “relax, it’s just basketball.”

It will be interesting to see if Anthony is back with the Thunder next season, or if he gets bought out. If he does return, how do they better fit him in the offense?

Anthony’s defense has long been a concern, but his offense used to be efficient enough, and his ability to create shots important enough, that teams lived with the defense. However, his efficiency has slid in recent years and, as we saw in the playoffs in April, it’s not enough anymore. The Thunder played better with other lineups. To which Anthony responded he has to get back to his old style of play more.

It’s going to be a wild summer in OKC. Whatever happens.

Suns to sign French point guard Elie Okobo to first-round style contract

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The Suns have an impressive young core four: Devin Booker at the two, Mikal Bridges at the three, Josh Jackson at the four, and Deandre Ayton at center.

The hole: Who will be the point guard?

The Suns like Elie Okobo of France a lot. They drafted him 31st overall, the top pick of the second round, but they will give him a first-round style contract with two guaranteed seasons and two team options after that, reports Shams Charania of The Vertical at Yahoo Sports.

The Suns hinted they were going to do this, and it’s a smart move at a fair price if they can develop Okobo (even as a backup).

Okobo has potential. Last season, at the highest level of the athletic French league he averaged 13.2 points on 57 percent shooting (38 percent from three) plus 4.4 assists per game. Okobo is an NBA level athlete who has all the tools to be a good NBA point guard — and he already knows how to score (he had 44 points in a playoff game this season). He’s going to have to round out his game and adapt to the NBA style, but the Suns think they have something.

And they are betting they have with a nice sized contract.