With Kobe staying as highest-paid player in NBA, the Lakers can rebuild but it’s not easy

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Kobe Bryant has signed a contract extension and is staying on with the Lakers for two more seasons. That news made Lakers nation happy — go to a Lakers game and you see the flood of 24 jerseys in the crowd — you quickly realize why the Lakers could not let him go at any cost. He fills the luxury boxes, he draws the sponsors, he is worth a lot to them financially. More than they can pay him.

But they are still paying him a lot.

ESPN reports the deal is for two years at $48.5 million — Kobe Bryant will remain the highest paid player in the NBA.

For a team that has sold its fan base on making moves with a lot of cap space this summer to again contend, this throws a little kink in the plan. A big kink. Maybe a crippling kink.

The Lakers will still have money to go after a max free agent (if they can recruit one, that’s another issue) but after that they wouldn’t have a lot left. Especially since they do not want to go over the luxury tax line next year, they want to get away from the repeater tax.

That is not going to make the Lakers a contender. The contract holds them back (remember Tim Duncan scaled back to $11 million, Kevin Garnett about the same).

The Lakers still should have about $22 million in cap space next summer, reports Larry Coon at his NBA CBAFAQ. (Ed. note: These numbers are updated from the original version of this post.) In case you’re curious, is more than LeBron James will get but less than Carmelo Anthony’s max ($23 million). Not that either of them are likely to leave their current settings ( you never know, but don’t bet on it). The Lakers will be in the market for second tier guys — Luol Deng, Zach Randolph, Danny Granger and others.

The salary cap next summer is projected to be $62.9 million. The Lakers will also have their own first round draft pick. Based on their current record, this pick would fall around #15, and would therefore count around $1.5 million against their cap.This would give them a total of about $37.66 million for six players. We need to add another six cap holds totaling $3,04 million, which brings the total to about $40,70 million.

With this team salary, the Lakers would have about $22.2 million in cap room next summer.

However, the situation gets even more complex for the Lakers.

The Lakers process has to start with a clear plan for  what kind of team they are building — if they are keeping Mike D’Antoni around as coach they can’t just go get anyone (particularly Carmelo Anthony), they need to get specific players that fit his system and what he wants to do.

The Lakers go into next season with three contracts on the books — Kobe at $23.5 million, Steve Nash with $9.7 million (with what he is saying I don’t expect he will retire), Robert Sacre at $915,243 (Elias Harris has a non-guaranteed deal, we will assume he is gone). They will have a roughly $1.5 million slot for their first-round draft pick this year. In theory 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. The Lakers have a player option on Ryan Kelly at $1 million they may pick up. The Lakers also likely would want to keep Jordan Hill around, but he is an unrestricted free agent playing his way into a bigger payday than the $3.5 million he made this year.

Then there are the cap holds — placeholders against what the Lakers can spend based on them keeping their own free agents. Pau Gasol is at $20 million, Steve Blake at $7.6 million and it goes on down the list through Chris Kaman, Jodie Meeks and others.

To have their max money to go after free agents the Lakers have to renounce their rights to all of those guys – plus Jordan Farmar, Xavier Henry, Wesley Johnson and others playing well in their roles — and let them be free agents. Only then do they have the empty roster and cap space. Or they could re-sign those guys and cut into the $20 million.

Which is to say, the Lakers can’t just test the market and expect Gasol to be there as a fallback in case their dalliance with others doesn’t work out.

Lakers GM Mitch Kupchak has said before rebuilding is a multi-year process for the Lakers — they are not going to check everything off the box this summer.

But if they are going to get Kobe Bryant the ring No. 6 he so desperately wants they only have a couple of years now as a window. And it’s not going to be easy to get those guys. Not with Kobe’s salary on the books.

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.