Sep 3, 2014, 9:21 AM EST
In a very honest part of a Grantland documentary that ran during the second half of last season, Steve Nash finds out about how the Lakers could use the stretch provision that’s offered as part of the collective bargaining agreement to waive him this summer, and pay out the remainder of his $9.7 million deal over the next three seasons for salary cap purposes.
Nash seems a bit shaken by the news, and admits he’ll take some chances where his recovery is concerned in order to expedite his return to the court.
But with the Lakers being unable to add much in the way of key pieces in free agency, the team is not expected to contend for much of anything in the upcoming season. For that reason, it’s better to take the cap hit for the final year of Nash’s deal all at once, and now that the deadline has officially passed, Nash will remain on the roster for next season.
Had the Lakers waived Nash prior to September, they would have been able to stretch his salary over the next three years at around $3.2 million annually. …
The team considered increasing its spending power by stretching Nash’s salary, but when its top free-agent targets (LeBron James, Carmelo Anthony and Chris Bosh) signed elsewhere, the Lakers chose instead to protect their cap space over the next two summers — sticking with the NBA’s oldest player for a final season.
This was a move that had been expected for a while, but became even more likely once L.A. was unable to entice any of the top free agents to sign on this summer.
Nash was only healthy enough to appear in 15 games for the Lakers last season, averaging 6.8 points and 5.7 assists in 20.9 minutes per contest.
Dec 18, 2014, 1:31 AM EST
Another fine defensive moment from James Harden.
Dec 18, 2014, 12:54 AM EST
I can’t wait until the Western Conference playoffs.
Dec 17, 2014, 11:46 PM EST
He walked off under his own power but did not return.
Dec 17, 2014, 11:33 PM EST
Rockets, Kings and Knicks also reportedly inquiring about Celtics point guard
Dec 17, 2014, 10:25 PM EST
In related news, Hornets got a ton of public funding to upgrade arena
Dec 17, 2014, 9:30 PM EST
Rapper dubs Kyle Lowry ‘baby-faced assassin’
Dec 17, 2014, 8:35 PM EST
Trail Blazers guard would be a perfect fit in Cleveland
Dec 17, 2014, 7:39 PM EST
The offers are not going to be big, will Stan Van Gundy eventually give in and take one?
Dec 17, 2014, 6:18 PM EST
He is more likely to be moved than Rondo.
Dec 17, 2014, 5:31 PM EST
There are no good answers for the Bucks, or for other rookies to reward.
Dec 17, 2014, 5:06 PM EST
More serious talks doesn’t mean a deal is near.
Dec 17, 2014, 4:03 PM EST
The Kings roster is poorly suited right now for the style the owner wants to play.
Dec 17, 2014, 3:12 PM EST
Blazers fans will get to see more Chris Kaman.
Dec 17, 2014, 2:30 PM EST
Portland also reportedly tried to trade for Monroe before he signed the one-year qualifying offer to stay in Detroit.
Dec 17, 2014, 1:50 PM EST
Former Baylor University center was expected to be drafted, but was diagnosed with a disease that prematurely ended his chances of playing in the NBA.
Dec 17, 2014, 1:10 PM EST
Wade has a reputation of being a flopper, and appeared to exaggerate the contact from the official.
Dec 17, 2014, 12:30 PM EST
He pities ‘Melo because a real competitor is suffering through a lot of losing.
Dec 17, 2014, 11:50 AM EST
Love is suffering from the dreaded flu-like symptoms.
Warriors’ Andre Iguodala hilariously mocks referee for not calling a blatant travel, picks up technical foul (VIDEO)
Dec 17, 2014, 11:10 AM EST
Iggy does the Travel Dance.
Dec 17, 2014, 10:30 AM EST
Peja was a three-time All-Star, and a member of the only good team Sacramento has had in its franchise history.
- Grizzlies top Spurs in triple overtime. Best game of the season. So far. 1
- Report: Mavericks and Celtics in ‘substantive discussion’ about Rajon Rondo trade 10
- Report: Celtics now more willing to trade Rajon Rondo 12
- Tyson Chandler says he feels sorry for Carmelo Anthony 19
- Kevin Durant on idea stars wouldn’t want to play with Kobe Bryant: ‘That’s bulls—‘ 45
- Former Warriors coach Mark Jackson meets with Kings GM, DeMarcus Cousins after Tuesday night’s game 25
- PBT’s Tuesday Night NBA Winners/Losers: Grizzlies grind ends Warriors streak 12
- It’s official: Jabari Parker out for the season with torn ACL 22