Skip to content

Report: Lakers won’t use stretch provision on Steve Nash

Jul 27, 2014, 1:00 PM EDT

Back in February when Steve Nash was pushing himself in workouts to try to get back on the court, he talked about the stretch provision motivating him to do so.

It’s a tool provided by the collective bargaining agreement that teams can use to get out from under heavy-handed contracts, and it would mean waiving Nash this season, and spreading out the amount he is owed over the next three seasons for salary cap purposes.

But since the Lakers struck out with any free agents that would have required having additional cap space to sign them, Nash appears to be safe for the upcoming season.

From Mike Bresnahan of the Los Angeles Times:

And, of course, Nash, might be a reserve. The Lakers would have waived him had they signed Anthony and Gasol, but now they’ll eat the final year of his contract in one $9.7-million chunk instead of spreading it out over three years and taking up precious cap space in the summers of 2015 and 2016.

This is good news for Nash, who clearly wants to try to keep playing, and probably would be less than thrilled with the idea of trying to catch on with another team if in fact he was waived by the Lakers.

Whether or not his body can hold up for even the majority of the season remains to be seen, and he very well could be coming off the bench now that Jeremy Lin has been added to the roster. But if nothing else, it looks like he’ll get to remain in Los Angeles.

Latest Posts
  1. Reports: Corey Brewer agrees to three-year deal to stay with Rockets

    Jul 3, 2015, 6:27 PM EDT

    Houston Rockets v Los Angeles Clippers - Game Six Getty Images

    He is a good fit in the Rockets’ up-tempo system.

  2. Becky Hammon to coach Spurs in summer league

    Jul 3, 2015, 5:15 PM EDT

    San Antonio Spurs v Los Angeles Clippers - Game Two Getty Images

    She’s a San Antonio assistant coach

  3. Report: Gary Neal agrees to one-year, $2.1 million deal with Wizards

    Jul 3, 2015, 4:31 PM EDT

    Denver Nuggets v Minnesota Timberwolves Denver Nuggets v Minnesota Timberwolves

    Key for the Wizards is this is a one-year deal, so they save their cap space for a Kevin Durant offer next summer.

  4. Report: D’Andre Jordan informs Knicks they are out of running

    Jul 3, 2015, 3:40 PM EDT

    DeAndre Jordan, Tyson Chandler AP

    This was expected, now the Knicks move forward with Robin Lopez.

  5. Report: Wizards trying to trade Nene

    Jul 3, 2015, 1:35 PM EDT

    Washington Wizards v Dallas Mavericks Getty Images

    Washington could land David West

  6. Nets adding young talent in Thomas Robinson and Shane Larkin

    Jul 3, 2015, 10:31 AM EDT

    Thomas Robinson, Thaddeus Young AP

    Brooklyn making most of a self-inflicted bad situation

  7. Report: David West likely to sign with Spurs or Wizards

    Jul 3, 2015, 9:50 AM EDT

    David West, Patty Mills AP

    If LaMarcus Aldridge signs elsewhere, San Antonio makes a lot of sense

  8. PBT Extra: Free agent signings we didn’t love

    Jul 3, 2015, 8:30 AM EDT

    Brandon Knight AP

    In this market even if these deals are misses, they are correctable ones.

  9. Report: Wes Matthews reaches agreement to join Dallas Mavericks

    Jul 3, 2015, 2:19 AM EDT

    New York Knicks v Portland Trail Blazers Getty Images

    Sacramento had made a big push but again missed out on their target.

  10. Kenyon Martin announces retirement from professional basketball

    Jul 2, 2015, 11:31 PM EDT

    Milwaukee Bucks v Orlando Magic Getty Images

    Martin had hoped to return full-time last season, but the opportunity never materialized.

  11. Report: Kings offer Wes Matthews four-year deal in $64 million range

    Jul 2, 2015, 10:34 PM EDT

    New York Knicks v Portland Trail Blazers Getty Images

    Sacramento needs to overpay much more than that to lure free agents.

  12. Report: Robin Lopez discussing $12 million per year deal with Knicks; Lakers also a consideration

    Jul 2, 2015, 9:22 PM EDT

    New York Knicks v Portland Trail Blazers Getty Images

    Lopez is solid, and New York and L.A. need talent after striking out with the big names thus far.

Top 10 NBA Player Searches
  1. L. Aldridge (5752)
  2. D. Wade (4731)
  3. L. James (3615)
  4. G. Monroe (3448)
  5. J. Embiid (3320)
  1. W. Matthews (3200)
  2. K. Bryant (3160)
  3. D. Jordan (3126)
  4. T. Harris (3104)
  5. K. Love (2970)