Sep 3, 2014, 9:21 AM EDT
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.
Aug 4, 2015, 11:57 AM EDT
He will battle Kyle O’Quinn to backup Robin Lopez.
Aug 4, 2015, 10:45 AM EDT
Lawson and Brewer put up impressive offensive numbers together in Denver.
Aug 4, 2015, 10:05 AM EDT
I’m no fashion critic, but they’re not bad.
Aug 4, 2015, 9:14 AM EDT
Somehow I bet he still cashes his paychecks rather than actually playing for free.
Aug 4, 2015, 8:34 AM EDT
Even if he could sign an extension, he wouldn’t.
Aug 4, 2015, 8:00 AM EDT
The Morris twins have denied any involvement, or even knowing the victim.
Aug 4, 2015, 1:05 AM EDT
Thinking long-term is the smart approach, the only one the Mavericks should consider
Aug 3, 2015, 11:17 PM EDT
Kobe Bryant is Beatles during the British Invasion level popular in China.
Aug 3, 2015, 9:59 PM EDT
Brooklyn could have easily kept Clark through training camp
Aug 3, 2015, 9:03 PM EDT
Pacers star maintains status as lock for 2016 Olympic roster – if he wants to play
Aug 3, 2015, 8:16 PM EDT
Trayce Thompson gives Thompson family yet another professional athlete
Aug 3, 2015, 7:25 PM EDT
That’ll keep him a viable candidate for 2016 Olympic roster
Aug 3, 2015, 6:33 PM EDT
…with one exception
Aug 3, 2015, 5:36 PM EDT
Dallas loading up on players. What will roster look like in November?
Aug 3, 2015, 3:58 PM EDT
Will new Sacramento assistant coach improve Cousins’ relationship with George Karl?
Aug 3, 2015, 3:04 PM EDT
Does Melo fit in New York?
Aug 3, 2015, 2:08 PM EDT
NBA teams played 70 four-in-fives last season
Aug 3, 2015, 12:50 PM EDT
“I didn’t miss it. I realized how much time I missed not being home with my kids.” —Ray Allen on last season
Aug 3, 2015, 11:44 AM EDT
Nike may well match.
Aug 3, 2015, 11:10 AM EDT
Denver has until Oct. 4 to make a decision.
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