Jul 23, 2013, 1:42 PM EST
While fans (and a lot of front office executives) around the league have enjoyed the Lakers stumbles last season, we all know the plan. And it’s a very feasible one.
The Lakers will muddle through this season then rebuild on the fly through free agency in the summer of 2014 when virtually everybody comes off the books. They can attack free agency hard and sign a couple max players. They have reportedly targeted LeBron James and Carmelo Anthony.
Except, the Lakers don’t have quite as much cap space as everyone thinks. Depending on what they do it could be more like $36 million.
The fantastic Jared Dubin had some fun with this at Grantland. For this post, I’m going to take what I think is the most logical scenario and talk cap space from there, using Dubin’s numbers, that includes the Larry Coon (ESPN’s cap guy) projection of a $62 million salary cap next summer.
The Lakers go into next summer with two contracts on the books — Steve Nash with $9.7 million and Robert Sacre at $915,243. Also, Nick Young could stick around as he has a $1.2 million option, but it is more likely he opts out to try and find a longer deal. So we’ll leave Young out of this.
But the Lakers don’t just have the difference between the $10.6 in guaranteed salary and the $62 million to spend.
Meet the cap hold — a placeholder salary that counts against what you can spend based on the value of what you could pay your free agents to come back (also that could include holds for draft picks and minimum contract players yet to be named to get you to a dozen roster spots). In the Lakers case there are cap holds for Kobe Bryant (almost $32 million), Pau Gasol ($20 million), Steve Blake ($7.6 million) and on down the line. With all their cap holds in place the Lakers are at $86 million, way over the cap and luxury tax line, they couldn’t sign anybody.
Most likely the Lakers will trade Gasol during the season or, when the time, comes, the Lakers will renounce their rights to every free agent on their roster not named Kobe. They will create cap space because when they renounce Gasol or anyone else he gets replaced by a $507,336 minimum salary hold. There also will be a salary hold for the Lakers first round pick next summer, the size of which depends on the draft spot but likely is upwards of $1 million, close to $1.5 million.
In Kobe’s case, I expect the Lakers will re-sign him to a discounted deal, much as Tim Duncan and Kevin Garnett did for their teams. While Kobe has said he doesn’t want a pay cut, I think that was negotiations and he’ll return for around $10 million.
So where does that leave the Lakers: Kobe at $10 million, Nash at $9.7 million, a draft pick around $1 million, Sacre at $915,243, and eight minimum salary cap holds, your grand total is around $26 million on the books.
Which leaves the Lakers around $36 million in cap space in the summer of 2014.
LeBron’s max is going to be about $20 million for the first year, ‘Melo’s is more like $23. The Lakers can’t swing them both at the max (and have fun trying to convince ‘Melo to take a pay cut). As I have said before, I doubt LeBron or Anthony bolt their respective teams, but consider that a fun exercise in the limits of what the Lakers can do. Remember, the Lakers want to be under the tax threshold line in the 2014-15 season to avoid the repeater tax.
Things could be different — the Lakers could waive Nash and use the stretch provision, for one, to get even more cap space. The Lakers could make a mid-season trade for star under contract (using Gasol and pieces as the bait) and have even less room. There are endless scenarios.
Most observers around the league expect the Lakers to bounce back fast — players want to be in Los Angeles and play for a storied franchise. But the new CBA makes the Lakers style of reloading far more difficult; they are going to have to get some players to come to them at a discount.
The goal of the new CBA was to make it hard and expensive on teams used to just spending to get what they want. The Lakers are a great example of how that is going to work.
Dec 10, 2013, 3:14 AM EST
Here is our nightly look at some of the noteworthy things around the NBA, the things you missed while glued to a toilet seat at Home Depot. DeMarcus Cousins, Sacramento Kings. Note to Rudy Gay: Get this guy the ball. Not like you did with Jonas Valanciunas — actually get Cousins the rock. Cousins…
Dec 10, 2013, 12:02 AM EST
Not sure I have ever seen this before. Early in the Clippers eventual easy win over the Sixers Chris Paul puts up a shot and because DeAndre Jordan‘s man had rotated over to help on the drive it left Tony Wroten — all 6’5″, 205 five of him — trying to keep Jordan off the…
Dec 9, 2013, 10:05 PM EST
Al Harrington, who at 33 has been battling knee issues since last season when he has an infection in there, issues that have kept him out since Nov. 12, is now going to be out a while longer. Harrington had knee surgery again on Monday and will be out at least a month, the Wizards…
Dec 9, 2013, 8:24 PM EST
Tyreke Evans drove to attack Kevin Durant off the dribble Friday night — Evans had been very aggressive all game, largely carrying the reserves in the first half — he went up for the shot and when he can down he sprained his ankle. That sprain is going to keep him out a week, maybe…
Dec 9, 2013, 7:20 PM EST
Kobe Bryant is back with the Lakers and frankly that’s just good for the NBA — it’s a star driven league and it needs its elite players on the court. That said Kobe looked rusty and his teammates clearly were not used to playing with him in the Lakers loss to the Raptors Sunday. Kay…
Dec 9, 2013, 6:39 PM EST
The Milwaukee Bucks were already without Larry Sanders, who needed surgery to repair torn ligaments in his hand after a bar fight, and now this. Zaza Pachulia will be out at least four weeks with a broken bone in his foot, coach Larry Drew announced Monday. It is the calcaneus bone, what most of us…
Dec 9, 2013, 6:01 PM EST
As we told you earlier was likely to happen, Stephen Jackson has agreed to terms with the Los Angeles Clippers. For one, Doc Rivers confirmed it to Brad Turner of the Los Angeles Times. Second, Jackson himself posted this on Instagram. The Clippers need some depth on the wing because J.J. Redick is out with…
Dec 9, 2013, 5:03 PM EST
“I think the last time I had eight months off I was still in the womb.” —Kobe Bryant, Los Angeles Lakers, talking about the eight months he was forced out of action due to his ruptured Achilese. Bryant, as his his nature, had to work hard to get back on the court 240 days after…
Dec 9, 2013, 4:53 PM EST
The general rule of thumb is 20 games into the season you can start to really trust the stats and the trends — in which case it’s good to be a Portland Trail Blazers fan. They move into the top slot with their recent wins over Indiana and OKC. 1. Trail Blazers (17-4, Last Week…
Dec 9, 2013, 4:08 PM EST
Knicks fans could use a little good news, so we’re here to help out. Tyson Chandler’s return from a broken leg should be here in the next few weeks. Chandler returned to practice on Monday, in a limited role, then told reporters he thought he would be back before New Year’s Day, as tweeted by…
Dec 9, 2013, 3:15 PM EST
Minnesota’s Corey Brewer, you’re the next contestant on “pay some money to NBA Charities for flopping!” The league announced Monday that Brewer has been fined $5,000 for his second flopping offense of the season. His first came against the Knicks earlier in the year, this new one was against the Heat on Saturday, when he…
Dec 9, 2013, 2:39 PM EST
Memphis extended the contract of Quincy Pondexter this summer thinking they had secured a solid outside shooter they desperately needed at a fair price. Now they may have lost him for the season. An MRI Monday revealed a tarsal navicular stress fracture in his right foot, the team announced. That’s a small bone near the…
Dec 9, 2013, 1:59 PM EST
Dwight Howard turned 28 on Sunday. (Maybe that’s why Kobe decided to not play Friday and wait until Sunday… nah.) Howard celebrated by dropping 20 points and grabbing 22 rebounds on his old Orlando Magic team (you knew he’d be up for that game) then the team went out bowling with his Rockets’ teammates —…
Dec 9, 2013, 1:07 PM EST
In case you can’t get enough Kobe Bryant comeback we are here to help. Nike released a Kobe Bryant comeback commercial on the day of his return to the Lakers lineup, which you can see above. In case you didn’t know and it wasn’t already obvious, Nike is a Kobe sponsor and he has his…
Dec 9, 2013, 12:55 PM EST
Tuesday night the Nets could get Paul Pierce and Deron Williams back on the court. Which would be a nice first step toward turning Brooklyn’s tire fire of a season around. Both Pierce and Williams went through practice on Monday, reports A. Sherrod Blakely of CSNNE.com. We knew Williams was close to returning, however Pierce…
Dec 9, 2013, 12:01 PM EST
This was easily my favorite highlight of Sunday night. In the fourth quarter of the Lakers loss to the Raptors Sunday, Nick Young got the ball in a transition attempt before the defense set, Young got the ball in the right corner, attacked along the baseline and as he got close to the basket Jonas…
Dec 9, 2013, 11:19 AM EST
Getting Rudy Gay in a trade from Toronto was not a sign the Kings want to make a run at the playoffs right now in the West — they are one of just two teams in a deep conference with no real shot at the postseason (Utah is the other). No, this was about future…
Dec 9, 2013, 9:59 AM EST
There were rough patches — the 2-for-9 shooting, the eight turnovers — but there were also moments in Kobe Bryant‘s return to action Sunday night against Toronto where you said “that’s the Kobe I remember.” There was his first play, a bullet pass to Robert Sacre for an assist. Later there was the jab step…
Dec 9, 2013, 9:31 AM EST
The Knicks suffered their worst loss of the season on Sunday, losing by 41 points to a Celtics team that shouldn’t beat anybody by that much. And they did so wearing their alternate orange uniforms. Whether the 12 noon tip time or the orange color scheme is messing with the Knicks on these weekend games…
Dec 9, 2013, 8:44 AM EST
J.J. Redick is out with a broken hand. Matt Barnes is out following surgery to repair a retinal tear in his left eye. Reggie Bullock is out with a sprained ankle. All this has left the Los Angeles Clippers short bodies on the wing, so they may bring in veteran Stephen Jackson to fill the…
- Monday night NBA Grades: DeMarcus Cousins was in beast mode 0
- PBT Extra: Kobe Bryant is back, doesn’t have much time to get it right 3
- It’s official, Clippers agree to terms with Stephen Jackson 3
- PBT NBA Power Rankings: At the quarter pole Portland takes the lead 17
- Paul Pierce practiced Monday, could return vs. Celtics Tuesday 2
- LeBron says Wade is “getting that Kobe deal” in next contract. Should he? (65)
- Dwight Howard frustrated with Rockets’ effort in recent losses (52)
- Kobe Bryant dunks, looks good in Lakers practice; Friday return possible (47)
- The Extra Pass: Our awards at the quarter pole, plus Monday recaps (43)
- Durant tells “60 Minutes Sports” he’s still tired of being No. 2 (35)