American Football. These include their new 'Big 3' LeBron James, Anthony Davis and Russell Westbrook, as well as center Marc Gasol and Alfonzo McKinnie. For one, Malik Beasley has a $16.5 million team option that would go some way in determining if the Lakers will have cap space next season. No longer is this as simple as getting off Westbrooks contract and using that money elsewhere. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. 8/6/21 Signed Dwight Howard to a $2,641,691 minimum contract. It will be interesting to see just how much the Lakers are willing to spend on this . First of all, it all starts with health. 2022-23 Salary Cap: $123,655,000 ( Salary Cap History) Largest Guarantee: LeBron James ($97,844,974) Color Key: Player Option, Team Option. SG: Talen Horton-Tucker, Malik Monk, Wayne Ellington, Joel Ayayi (two-way), Austin Reaves (two-way) 2021/22 $35,361,360 $3,804,150. Partnered with the USA TODAY Sports Media Group|Powered by. Lakers Rumors: Woj Gives Key Free Agency Update | Heavy.com . 2020-21 It was perhaps a more attractive option when Russell Westbrook accounted for so much of the Lakers' salary cap, but spreading that number out to a number of useful players makes it a less appealing option. Football. However, if they were to let them walk, they would be effectively losing a player whose value they could not replace with the trading tools they have available to them (which we will come onto later). Partnered with the USA TODAY Sports Media Group|Powered by. * 21+ (19+ CA-ONT) (18+ NH/WY). Its unclear what his projected contract would be, but hes eligible for a 30% max contract, which would come out to roughly $40 million in the first year of the deal and escalate each year after that. Renouncing these cap holds will NOT afford the team any new cap space. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. The hidden Super Bowl record Patrick Mahomes broke in Arizona Like we're not one of these teams right now where we have $30, $40, $50 million in cap space. Please logout and login again. Note: Players can waive their trade bonuses. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. That maximum would only be achievable if all the Lakers player or team options were declined, and if the Lakers renounced all Bird rights on outgoing free agents, etc. A daily roundup of Los Angeles Lakers news from Silver Screen & Roll, By submitting your email, you agree to our. Los Angeles Lakers Team Payroll | Basketball-Reference.com The Los Angeles Lakers and superstar forward LeBron James reportedly reached an agreement on a two-year, $85 million max contract extension Wednesday that runs through the 2022-23 NBA season, per Shams Charania of Stadium and The Athletic. It was a virtual lock that Davis would re-sign with the Lakers, but he took time to consider all of the potential contract options at his disposal before settling on the five-year, $190 million deal. If things dont work out for Russell in Los Angeles (again), the Lakers can use him as a sign-and-trade chip potentially to recoup some value or go star-chasing for yet another summer. A look at the reported fines & suspensions for Jarred Vanderbilt, and the financial implications. Report: LeBron James could miss 'extended time' with foot injury 9.1% of team cap space Accumulated Cap Hit: $5,381,757 Year 7 of 7 year contract Western Conference Standings Watch: Everything breaking right. The duo are set to become unrestricted free agents, with their full Bird rights, both players are expected to have multiple suitors. Although the LA Lakers expect to pick up some veterans in free agency, it would be poor management if they were to let both Caruso and Horton-Tucker leave. No one will impact the Lakers potential cap space more than Russell. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. Russell Westbrook's FIt With Clippers, Lakers' Salary Cap Situation NBA star Giannis Antetokounmpo and his brothers are now part owners of MLS franchise Nashville SC, Bucks emerge as frontrunners to sign veteran guard Goran Dragic, Will Bartons Potential Impact on Toronto, 3 things we learned from Kevin Durants debut with the Phoenix Suns, LeBron James out at least three weeks due to right foot tendon injury. Harrells player option is one of the most fascinating decisions of the Lakers offseason. L.A. also signed veteran center Marc Gasol to offset the loss of Dwight Howard and JaVale McGee, plus it managed to retain key role players such as Kentavious Caldwell-Pope and Markieff Morris. They could also re-sign Schroder and trade him once the season has started, but that makes no sense for the 27-year-old to be at the organization's mercy. The Lakers are as deep and talented as any team in the NBA, and unless they deal with significant injuries to some of their top players, they are in an ideal position to repeat as champions. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. Assuming a Davis deal eventually gets done, there's no doubt the Lakers will enter the season as the team to beat with the additions of Montrezl Harrell, Wesley Matthews, Marc Gasol and Dennis Schroder to an already high-end roster. Read Russell Westbrook's FIt With Clippers, Lakers' Salary Cap Situation, Celtics' Fatigue & More by with a free trial. Ballard, needing seven pins on his last roll to beat Pete Weber, gets none as . 8/6/21 Re-signed Coach Frank Vogel to a contract extension. Salary: $39,219,566 Share of payroll: 28.35 percent 2021 NBA Cap Max: $112,414,000: Cap Max Space $-51,211,195: Other NBA teams: Washington Wizards. 2023 Owed second-rounder from the Chicago Bulls (Otto Porter, Russell Westbrook). The Lakers biggest priority this offseason will be deciding what to do at center, with Marc Gasol under contract for next season, Montrezl Harrell holding a player option and Andre Drummond a free agent. That meant he was largely off the court against the Phoenix Suns in the playoffs. Cap breakdowns for players who have been released or served 10-day contracts. Since the Lakers are currently over the league salary cap, these cap holds do not count against their Total Cap figure. On his way into free agency, veteran Wesley Matthews made it clear that he wanted to re-sign, the pain from the Lakers unrealized potential after a first-round playoff exit forcing him to declare his desire to run it back.. When Kobe Bryant's massive final contract/retirement bonus came off the books in the summer of 2016, the Lakers were ready ready to blow all their newfound cap space on some washed-up veterans. This also means the Lakers cannot operate under the hard cap, as they did last season. Instead, his deal would likely come in somewhere closer to $10 million to $15 million, opening up somewhere between $16 million to $21 million in cap space, depending on what the final contract comes out to. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary. You have to have some luck. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. Contract . 12/15/21 No-trade restrictions lift on DeAndre Jordan, Rajon Rondo, Chaundee Brown, Mac McClung, Wayne Ellington, Kendrick Nunn, Carmelo Anthony, Kent Bazemore, Malik Monk, Dwight Howard and Trevor Ariza. Active Contracts 2023-24 Salary Cap Table Salaries by Year Positional Spending 2023 Free Agents ESPN's Bobby Marks provided a year-by-year breakdown of Davis contract, which includes a salary of about $32.7 million in 2020-21: Contract for Anthony Davis with the Los Angeles Lakers: The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary. As a restricted free agent, Hachimuras cap hold for the upcoming summer will be $18.8 million, assuming the team extends a qualifying offer to him which certainly appears to be the plan. Already Subscribed? We don't have that today." You can watch the clip below in full if you so desire: Partnered with the USA TODAY Sports Media Group|Powered by. Game on. All count against the team's Total Cap Allocations. Since the Lakers are currently over the league salary cap, these cap holds do not count against their Total Cap figure. 8/6/21 Traded Kyle Kuzma, Kentavious Caldwell-Pope and Montrezl Harrell to the Washington Wizards and Isaiah Jackson (2021-22nd) to the Indiana Pacers for Russell Westbrook and from the Wizards a Chicago Bulls 2023 second-rounder, the lower 2024 second-rounder between the Memphis Grizzlies and Wizards, and a Washington 2028 second-rounder. Buccaneers Make Final Decision on Donovan Smith: Report | Heavy.com Read millions of eBooks and audiobooks on the web, iPad, iPhone and Android. When free agency begins, the LA Lakers may not have it all their own way, although they can go over the cap to bring back both Alex Caruso and Talen Horton-Tucker. Thanks for signing up. 2022 NBA Offseason Preview: Los Angeles Lakers | Hoops Rumors