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.

Rumor: Bulls’ belief in Zach LaVine waning

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Zach LaVine was the centerpiece in the Bulls’ return for trading a star. Chicago was reportedly willing to match a max offer sheet for LaVine in restricted free agency.

But maybe the Bulls have at least somewhat soured on him.

Nick Friedell of ESPN:

I don’t know why the Bulls would be down on LaVine now. I also don’t know why they were so high on him the first place.

LaVine is a good 3-point shooter and impressive dunker. But, despite his athleticism, his all-around contributions are lacking. He also hasn’t looked completely over his February 2017 ACL tear.

This leak could just be strategy. Instead of trying to scare off teams with the threat of matching any offer to LaVine, Chicago could be trying to dissuade suitors by projecting its own reluctance.

The Bulls don’t want to overpay LaVine. But they also don’t want to lose him for nothing.

Will anyone make a hard push for the 23-year-old? He surely wants a lucrative long-term contract, whether he re-signs directly with Chicago or gets an offer sheet. But, if the Bulls aren’t sold on him, I’m not sure any team will is.

LaVine’s qualifying offer will be $4,333,932. That might wind up his next salary.

PBT Extra: Grading the top of the NBA Draft

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The Phoenix Suns got it right at the top of the draft — they took Deandre Ayton.

But what of their move to trade for Mikal Bridges, the No. 10 pick, surrendering a valuable pick and the potential of Zhaire Smith for what should be a solid “3&D” wing to go with their athletic stars?

How did the Kings do at No. 2? What about Dallas’ big trade up to land Luka Doncic at three, or the Atlanta bet on Trae Young?

In this PBT Extra, I grade the top 10 picks in the draft, from the moves I like (I think Dallas did well) to ones I’m not sold on (sorry Chicago).

 

Have questions leading up to free agency? Submit your questions via e-mail for our PBT Mailbag feature. Drop us a line at pbtmailbag@gmail.com.

Lakers’ recruiting pitch for Paul George leaks

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LeBron James doesn’t want elaborate pitches in free agency.

Paul George never said that, though.

So, the Lakers are apparently planning to put some showbiz into their recruitment.

Robin Lundberg of Sports Illustrated, citing a “Hollywood source,” revealed a Lakers pitch for George. The direction:

Less Morgan Freeman/Denzel Washington, and more Jamie Foxx. A bit more edge an attitude to their voice, and a bit less aspirational

The text:

When you were just a kid

In your room
Dreaming from Palmdale

We were dreaming too.

While you dreamt, we built – built for your arrival

And while we dreamt, you built too
Becoming one of the world’s greatest.

Life’s most powerful dream are the one we realize ourselves.

The ones that turn us into legends.
That kid from Palmdale always knew it
Now the world will, too

Who wrote this, noted storyteller Kobe Bryant?

My bigger question: Did or did not the Lakers, who’ve gone to great lengths to make their interest in George known, want this to leak before the official start of free agency?

Report: No divide between Chris Paul and Rockets over contract

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That rumor of tension between Chris Paul and the Rockets over his contract?

Sam Amick of USA Today:

As for the recent report from Fox Sports’ Chris Broussard that there are rising tensions between the two sides because Paul wants the full max and isn’t sure if he’ll get it, two people with knowledge of the situation refuted the idea there is any friction between the sides.

Remember, everyone who leaks something has an agenda. But I find this report far more credible than the initial rumor.

Paul’s max projects to be about $205 million over five years. That’s a lot to commit to a 33-year-old, but Paul took a discount to facilitate an opt-in-and-trade to Houston last year. He expects to be made whole.

Until Broussard’s report, all indications were the Rockets would appease him. Barring more information, that should remain the expectation.