Clarkson is getting his wish.
Shams Charania of Yahoo Sports:
This is less than the max offer sheet Clarkson could’ve signed as an Arenas Rule free agent — about $63 million over four years. I think he could have gotten that amount, so I’m a little surprised he agreed to so much less.
I’m also a little surprised the Lakers didn’t have him sign an offer sheet then match it.
The Arenas Rule limits other teams to offering Clarkson the value of the non-taxpayer mid-level exception in the first two years of an offer sheet. Then, the third and fourth years could’ve been worth Clarkson’s max without the Arenas limitation. So, a matched four-year max offer sheet would’ve meant the Lakers were paying over the next four years:
The most backloaded possible structuring of the reported deal is:
So, the Lakers lose cap flexibility this summer and next — times they’ll be heavily involved in free agency — by going this route. The also avoid massive payments in 2018-19 and 2019-20 and save overall.