Apr 21, 2013, 12:29 PM EDT
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.
Jul 3, 2015, 11:03 PM EDT
Hopefully Scott Skiles will play Harris this time.
Jul 3, 2015, 10:30 PM EDT
Curry is just that good.
Jul 3, 2015, 9:00 PM EDT
A big reason Jordan left L.A. to sign with the Mavericks.
Jul 3, 2015, 7:37 PM EDT
Beverley’s defense provides a perfect complement to James Harden.
Jul 3, 2015, 7:34 PM EDT
Rondo is not exactly going to space the floor for Cousins.
Jul 3, 2015, 7:10 PM EDT
They would make solid backups at a fair price.
Jul 3, 2015, 6:27 PM EDT
He is a good fit in the Rockets’ up-tempo system.
Jul 3, 2015, 5:15 PM EDT
She’s a San Antonio assistant coach
Jul 3, 2015, 4:31 PM EDT
Key for the Wizards is this is a one-year deal, so they save their cap space for a Kevin Durant offer next summer.
Jul 3, 2015, 4:00 PM EDT
This is a huge blow to the Clippers roster.
Jul 3, 2015, 3:40 PM EDT
This was expected, now the Knicks move forward with Robin Lopez.
Jul 3, 2015, 2:52 PM EDT
Solid deal in a vacuum, but in Sacramento…
Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind)
Jul 3, 2015, 1:58 PM EDT
More evidence Jordan won’t pick Knicks
Jul 3, 2015, 1:35 PM EDT
Washington could land David West
Jul 3, 2015, 12:07 PM EDT
Third year is reportedly a team option
Jul 3, 2015, 11:08 AM EDT
I doubt Sacramento is celebrating quite yet
Jul 3, 2015, 10:31 AM EDT
Brooklyn making most of a self-inflicted bad situation
Jul 3, 2015, 9:50 AM EDT
If LaMarcus Aldridge signs elsewhere, San Antonio makes a lot of sense
Jul 3, 2015, 9:14 AM EDT
So Knicks are probably getting Robin Lopez
Jul 3, 2015, 8:30 AM EDT
In this market even if these deals are misses, they are correctable ones.
- Report: Tobias Harris reaches four-year, $64 million extension to stay with Orlando 11
- Report: Rajon Rondo agrees to one-year, $9.5 million deal with Sacramento Kings 37
- Report: DeAndre Jordan agrees to four-year, $80 million deal to join Dallas Mavericks 49
- Report: Kings signing Marco Belinelli to three-year, $19 million contract 17
- Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind) 9
- PBT Extra: Free agent signings we didn’t love 6
- Report: Wes Matthews reaches agreement to join Dallas Mavericks 23
- PBT Extra: Five best free agent signings in the first days of free agency 11