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.
Dec 6, 2013, 10:50 AM EST
LeBron James doesn’t like wearing his new shoes. I mean literally his shoes — the LeBron 11 by Nike. Usually if you have a signature shoe you wear it, and in LeBron’s case when he slips on the shoe it’s a lot of free promotion considering the spotlight on him. LeBron outsells any current player…
Dec 6, 2013, 8:44 AM EST
As Holly MacKenzie and plenty of other women will tell you, proposing to your girlfriend at a sporting event is your idea of a cool proposal, not hers. But if your girlfriend is a “Luvabulls” dancer in Chicago (that’s what they are called, it’s not my name) you can get away with it if you borrow…
Dec 6, 2013, 8:00 AM EST
Over the years, Dirk Nowitzki has cemented his status as one of the most unguaradable players in NBA history. There have been better scorers, and there have been better shooters, but Nowitzki is second-to-none when it comes to getting his shot off. It would be easy to peg Nowitzki’s 7-foot frame as the sole reason…
Dec 6, 2013, 2:38 AM EST
Our nightly grades from around the NBA, or what you missed while singing Doe, a deer, a female deer… Ray, a drop of golden sun… Mike Woodson, coach New York Knicks. For a night, the Knicks looked pretty good and so Woodson can sleep without the Sword of Damocles hanging over his head. The core…
Dec 6, 2013, 2:11 AM EST
This is the Chicago Bulls that are hard to beat, Derrick Rose or no Derrick Rose. Since Rose went down with a torn meniscus the Bulls have struggled at both ends of the floor — they had been giving up 13 more points per 100 possessions defensively than they had with Rose. That was just…
Dec 5, 2013, 11:21 PM EST
NEW YORK – In a game that was supposed to be a lively and competitive rivalry contest between two teams who share a city and began the year sharing aspirations of contending for a title, the end result was to fans what the entire season has been for both the Knicks and the Nets —…
Dec 5, 2013, 10:38 PM EST
NEW YORK – The Knicks ended their nine-game losing streak with a blowout win over the Nets in Brooklyn, and early in the fourth with the game already decided Kevin Garnett and Andrea Bargnani got into a brief scuffle that resulted in both players being assessed technical fouls. Garnett is normally the one to blame…
Dec 5, 2013, 9:53 PM EST
Otto Porter could make his Washington Wizards debut this weekend. He has been out since before training camp with a hip flexor injury, but the No. 3 pick overall could get some NBA action soon. And teammate Marcin Gortat is worried about him. Jokingly. But Porter’s slight frame (6’9, 198 pounds) became a joke, as…
Dec 5, 2013, 8:51 PM EST
Dwyane Wade missed the Heat shootaround on Thursday, he was back at the hotel with what the team called “flu like symptoms.” That will now keep him out of the Heat’s game Thursday night against the Bulls, reports Ira Winderman of the Sun Sentinel. Wade has missed several games this season to rest his knees,…
Dec 5, 2013, 7:24 PM EST
Michael Carter-Williams is becoming must-see NBA TV — 17.7 points a game plus 7.3 assists a game playing at the fastest pace in the league. And don’t forget the 3.1 steals a game. But this weekend the early leader in the Rookie of the Year race will be sitting out with a sore knee. He…
Dec 5, 2013, 5:52 PM EST
Nelson Mandela, the iconic former president of South Africa who helped lead his nation out of the apartheid era to one of more equality, has passed away at the age of 95. The loss is humanity’s, but the world is better off for his full and purposeful life. NBA Commissioner Stern issued this statement on…
Dec 5, 2013, 5:19 PM EST
We know Kobe Bryant will not play Friday against Sacramento — he said as much and he’s not even traveling with the team to beautiful central California. So what about Sunday in Staples Center against the Raptors? Maybe. That’s as good as it’s going to get right now. Kobe spoke with reporters after his third…
Dec 5, 2013, 4:37 PM EST
The Boston Celtics may be on top of the Atlantic Division — at 8-12, but still on top of it — that doesn’t mean Rajon Rondo is rushing back to the court following ACL surgery. In his weekly radio interview with Toucher and Rich on 98.5 The Sports Hub Ainge talked about weeks not days,…
Dec 5, 2013, 4:12 PM EST
The Clippers lost to the Hawks because of their defense on Wednesday night — the Hawks shot 51 percent as a team overall, hit 12-of-23 from three, were able to get more than a third of their shots inside 8 feet and shot 64.3 percent on them. The Clippers starting five had a horrible defensive…
Dec 5, 2013, 3:15 PM EST
An NBA fan was handed this at an NBA game Wednesday (and his friend posted the photo on Reddit, where I saw it). It’s a “red card” warning for what is deemed abusive language or behavior to someone — a player, a coach, the referees or another fan. The warning is clear: keep it up…
Dec 5, 2013, 2:15 PM EST
The Houston Rockets’ offense has been one of the best in the NBA this season. James Harden on the outside, Dwight Howard inside and a good combination of role players has worked well. But not Wednesday night. Against the Suns the Rockets shot 35.2 percent as a team and 29 percent from three. It was…
Dec 5, 2013, 1:33 PM EST
The Knicks and Nets as engaged in a thrilling competition: Which team is the biggest laughingstocks in the NBA? Both can lay claim. They have oversized payrolls, cartoonish owners, coaches on the hot seat and underwhelming stars. The Knicks have seen Metta World Peace and Kenyon Martin feud, and the Nets have matched with Jason…
Dec 5, 2013, 1:22 PM EST
“I’m not done.” That quote sums up what Derrick Rose said in about 25 different ways during his first press conference since tearing his meniscus, an injury that required surgery and is expected to sideline him for the season. The press conference was streamed on CSNChicago.com. Rose was asked what he would say to those…
Dec 5, 2013, 12:43 PM EST
Anybody who tells you they know what Carmelo Anthony is going to do this summer is selling you something. And it’s something that doesn’t smell good. But we are going to be inundated with this stuff between now and July 1, when Anthony likely will become a free agent. The latest was ESPN personality Stephen…
Dec 5, 2013, 11:40 AM EST
Indiana Pacers center Roy Hibbert posted this before the Pacers game Wednesday night. I’d say he should get that looked at, but my guess is the Pacers’ trainer Josh Corbeil is not blind. If this were anything serious Hibbert wouldn’t be out there. And Hibbert said it didn’t hurt — he shot 6-of-9 from the…
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