Skip to content

Report: Lakers will amnesty Metta World Peace

Jul 8, 2013, 9:31 PM EST

Metta World Peace AP

The Lakers aren’t Riggin’ for Wiggins – signing veteran center Chris Kaman proves that – but they’re hedging their bets.

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 $4,772,740.

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.

Latest Posts
  1. NBA to release “Last Two Minutes” officiating reports through end of season, playoffs

    Feb 27, 2015, 4:30 PM EST

    Boston Celtics Vs. Brooklyn Nets At TD Garden Getty Images

    It’s not going to change most fans’ minds, but it’s a good first step.

  2. Report: Highest bid for Atlanta Hawks currently $800 million

    Feb 27, 2015, 3:45 PM EST

    Indiana Pacers v Atlanta Hawks - Game Six Getty Images

    Don’t be surprised if another bidder comes in over the top.

  3. Report: If Ray Allen return to NBA this season it will not be with Cleveland

    Feb 27, 2015, 3:15 PM EST

    Ray Allen Getty Images

    Don’t expect him to return, but if he does Cleveland appears off the list.

  4. The time Michael Jordan asked Common to forge his signature (VIDEO)

    Feb 27, 2015, 2:45 PM EST

    87th Annual Academy Awards - Red Carpet Getty Images

    Turns out Common was a Bulls ball boy back in the early Jordan era in Chicago, so he and Michael Jordan had some laughs together.

  5. Jeff Van Gundy to Daryl Morey when he flinched at using analytics to make a decision: ‘Either you believe in this sh-t or you don’t’

    Feb 27, 2015, 2:14 PM EST

    Game One Miami Heat v Indiana Pacers - Eastern Conference Finals Game One Getty Images

    The data said that Dikembe Mutombo was better than Yao Ming, but Morey wasn’t ready to make that call.

  6. Shane Battier says peer pressure is more valuable than coaching in the NBA

    Feb 27, 2015, 1:30 PM EST

    Shane Battier Shane Battier

    A team’s best players hold each other accountable, according to the former NBA player.

  7. Report: Phil Jackson to get fined for innocuous comment on Ohio State’s D’Angelo Russell

    Feb 27, 2015, 12:48 PM EST

    Celebrities Attend Vancouver Canucks Vs New York Rangers Game - February 19, 2015 Getty Images

    Phil Jackson can’t just quietly sneak into a building and watch a prospect, so a reporter asked him a question. Jackson answered and will pay for that.

  8. Derrick Rose expected to return in 4-6 weeks. In time for playoffs.

    Feb 27, 2015, 11:58 AM EST

    Chicago Bulls v Houston Rockets Getty Images

    This makes the Bulls a lot more dangerous come the playoffs.

  9. Draymond Green drives for dunk, Timofey Mozgov isn’t going to stop him (VIDEO)

    Feb 27, 2015, 11:28 AM EST

    draymond green Getty Images

    The Cavaliers’ rim protection has been infinitely better since the arrival of Timofey Mozgov, but he wasn’t stopping Draymond Green on this one.

  10. Kyle Lowry on his game of late: “I’m trash.”

    Feb 27, 2015, 10:44 AM EST

    Raptors DeRozan and Lowry against Hawks Getty Images

    DeMar DeRozan says he’s right next to Lowry on this.

  11. Eric Bledsoe, Russell Westbrook put on a show (VIDEO)

    Feb 27, 2015, 9:10 AM EST

    Russell Westbrook, Eric Bledsoe, Alex Len AP

    Westbrook had the numbers but Bledsoe was efficient.

  12. Five Things We Learned in NBA Thursday: The Cavaliers we expected have arrived

    Feb 27, 2015, 2:55 AM EST

    LeBron James AP

    If you had any doubts about the Cavs, they answered them.

  13. LeBron drops season-high 42 as Cavaliers comfortably handle Warriors (VIDEO)

    Feb 27, 2015, 12:55 AM EST

    LeBron James AP

    LeBron looked at Stephen Curry across the way and decided to make his own MVP statement.

Featured video

Is Derrick Rose the next Penny Hardaway?
Top 10 NBA Player Searches
  1. K. Durant (8327)
  2. D. Rose (7442)
  3. S. Curry (7337)
  4. D. Howard (7172)
  5. M. Carter-Williams (7136)
  1. P. George (6756)
  2. C. Bosh (6488)
  3. A. Davis (6120)
  4. B. Beal (5923)
  5. K. Olynyk (5578)