Jul 8, 2013, 9:31 PM EST
With Dwight Howard in Houston, Kobe Bryant injured, Pau Gasol old and Steve Nash older, the shine has worn off Lakers’ once-promising starting lineup. So, no sense keeping the weak link of that unit just to keep up appearances.
The Lakers will amnesty Metta World Peace, according to Kevin Ding of the Orange County Register.
The NBA hasn’t yet officially set its luxury-tax line, and it’s not yet determined what other moves the Lakers will make, so it’s impossible to give an exact amount they’ll save by amnestying World Peace. Some estimates peg the Lakers’ savings as high as $30 million, but I believe the true number will be much lower.
The Collective Bargaining Agreement calls for a progressive tax rate, so if the Lakers had re-signed Howard, World Peace’s salary would have been taxed at a much higher rate. Without Howard, the Lakers will likely fall not far above the tax line, and amnestying World Peace might even get them below it.
For estimating purposes, let’s say the Lakers’ payroll is equal to the luxury-tax line without World Peace’s $7,727,280 contract. That would mean his entire salary, and only his salary, would be taxed. The first $5 million would be taxed at $1.50 per dollar – totaling $7..5 million. The other $2,727,280 would be taxed at $1.75 per dollar – totaling
In sum, by removing World Peace’s contract from their books, the Lakers would reduce their tax burden by $12,272,740 next season.
It’s more likely the actual number emerges as slightly higher than $12.3 million than slightly below $12.3 million, but that’s a decent estimate.
However, this discussion all amounts to more money for the Buss Family, even though they’ll have still to pay World Peace/
By amnestying World Peace, barring several other moves, the Lakers aren’t generating any cap room. At best, the most likely gain would be the ability to use the non-taxpayer mid-level exception ($5,150,000) rather than the taxpayer mid-level exception ($3,183,000).
But spending those extra couple million dollars might push the Lakers back over the luxury-tax line, which might not be so costly this season, but could be in future years. The Lakers should try avoiding the luxury tax this season, when their outlook is bleaker, so they delay triggering repeater penalties when they eventually assemble a better (read: more expensive) roster.
On the court, which is much less important here, the Lakers won’t really miss World Peace if they end up playing for lottery odds rather than a playoff berth – and they might not miss him much, anyway, if they’re trying to win as many games as possible, because he’s no longer a reliable starter. But with Earl Clark headed to Cleveland, the Lakers will need to add another small forward.
As for World Peace, he’ll go on the amnesty waiver wire. At 33, he’s clearly declining, and he might not fit in every locker room. But any contender with strong veteran leadership and cap room should at least enter a minimum-salary bid for him. At that price, he can’t really hurt.
Jan 30, 2015, 9:34 AM EST
Did anyone think he would get injured and say, “nah, I don’t want to fight through this” and walk away?
Jan 30, 2015, 8:58 AM EST
The Bulls have a great passing front line.
Jan 30, 2015, 8:37 AM EST
Already facing scrutiny, Vaughn oversaw 15-point loss to Bucks last night
Jan 30, 2015, 3:22 AM EST
The bad Bulls showed up in Los Angeles on Thursday.
Jan 30, 2015, 2:48 AM EST
“I really appreciate him coming, I didn’t expect it at all.” —Pau Gasol
Jan 30, 2015, 12:22 AM EST
He’s warming up for All-Star weekend.
Jan 29, 2015, 11:30 PM EST
It didn’t look good.
Jan 29, 2015, 10:45 PM EST
Management is displeased with their underperformance.
Jan 29, 2015, 10:02 PM EST
“Don’t it always seem to go that you don’t know what you’ve got ‘til it’s gone.”
Jan 29, 2015, 9:30 PM EST
The new rule is an attempt to curtail Jay Z-style figurehead owners.
Jan 29, 2015, 8:09 PM EST
He will get a second opinion.
Jan 29, 2015, 8:00 PM EST
Damian Lillard, Kyle Korver, DeMarcus Cousins and more.
Jan 29, 2015, 7:27 PM EST
DeMarcus Cousins and Damian Lillard were left off in the West.
Jan 29, 2015, 6:42 PM EST
A promotional video hyping the matchup features plenty of players, but Kevin Love is noticeably absent.
Jan 29, 2015, 6:00 PM EST
Mitch Kupchak expects Kobe to return next season.
Jan 29, 2015, 5:20 PM EST
Reserves are announced tonight.
Jan 29, 2015, 4:39 PM EST
Brooks may last the season, but may not if Thunder miss the playoffs. Jackson, meanwhile, has been marginalized ever since Dion Waiters was acquired.
Jan 29, 2015, 3:56 PM EST
Wade may be selected as an All-Star reserve Thursday night, but wouldn’t play in the midseason exhibition if the timeline holds true.
Jan 29, 2015, 3:25 PM EST
“I looked down to see my legs, and I saw my bone. The second I saw my bone, I just lost it.”
Jan 29, 2015, 2:45 PM EST
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- The three biggest All-Star snubs in each conference 19
- James Harden, three Hawks players lead list of NBA All-Star Game reserves 10
- Report: OKC front office backs Scott Brooks, may look to trade Reggie Jackson 9
- Dwyane Wade out indefinitely, says best case for his return is 2-3 weeks 9