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.
Mar 2, 2015, 2:28 PM EST
Lakers guard says he can take a joke – just not this one
Mar 2, 2015, 1:45 PM EST
Bulls facing big challenge without their best player
Doc Rivers on DeAndre Jordan for Defensive Player of the Year: ‘If anybody else gets that award, we need to have an investigation’
Mar 2, 2015, 1:18 PM EST
Clippers coach: ‘What he’s doing defensively, if he was doing that offensively, he would be recognized as the MVP’
Mar 2, 2015, 12:38 PM EST
I can’t wait
Mar 2, 2015, 11:59 AM EST
Sleeves notwithstanding, these are good
Mar 2, 2015, 11:21 AM EST
Trail Blazers’ Paul Allen falls to No. 2 among NBA owners
Mar 2, 2015, 10:32 AM EST
Trail Blazers center has moves – or at least a move
Mar 2, 2015, 9:53 AM EST
For some reason, Bulls fans boo this athletic feat
Mar 2, 2015, 9:07 AM EST
LeBron: ‘I have no idea why he would do that’
Mar 2, 2015, 8:30 AM EST
He remains out for the rest of this season at least.
Mar 2, 2015, 8:00 AM EST
Well played, Rockets.
Mar 2, 2015, 2:50 AM EST
We have video evidence Brandon Bass can dunk.
Mar 2, 2015, 1:17 AM EST
Contenders will be lined up to sign him.
Mar 1, 2015, 10:36 PM EST
They played like MVP candidates.
Mar 1, 2015, 8:59 PM EST
Harden got a technical foul for this.
Mar 1, 2015, 7:30 PM EST
As in six weeks left in the season.
Mar 1, 2015, 6:00 PM EST
Jordan shot 12 free throws against the Bulls.
Mar 1, 2015, 4:30 PM EST
The deadline for McGee to be waived in order to be eligible to join another team for the playoffs is midnight Sunday.
Mar 1, 2015, 3:31 PM EST
Another hit to Chicago’s roster.
Mar 1, 2015, 2:30 PM EST
Silver talked about the league one day sharing injury data at the MIT Sloan Sports Analytics Conference.
- Report: Jimmy Butler could miss three to four weeks with elbow injury 2
- Five Things We Learned in NBA Sunday: James Harden, LeBron James want your MVP vote 11
- Report: Sixers agree to buyout with JaVale McGee; he can sign with contender 32
- Bulls’ Jimmy Butler leaves with elbow injury, does not return (VIDEO) 0
- Adam Silver says data may prove Gregg Popovich right in terms of resting multiple players 17
- Rockets general manager Daryl Morey proposes loosening NBA trade rules 6
- Derrick Rose starts rehab, in “good spirits” after knee surgery 11
- Russell Westbrook undergoes procedure to address cheek fracture, will be re-evaluated next week 6