Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Sources: Lakers hustling to create max salary slot

Written by 
Published in Basketball
Tuesday, 18 June 2019 21:14

The Los Angeles Lakers are scrambling to reshape the parameters of the Anthony Davis trade with New Orleans and create the capacity for $32 million-plus in salary-cap space when the free-agent moratorium ends on July 6, league sources told ESPN.

The Lakers were engaging additional teams on Tuesday to take on the contracts of three of the remaining five players on the team's roster --- Mo Wagner, Isaac Bonga and Jemerrio Jones -- league sources said. Kyle Kuzma and LeBron James are the only other two Lakers remaining on the team's end-of-season roster.

The Lakers are pursuing the purchase of second-round picks in Thursday's NBA draft, understanding they need avenues to acquire inexpensive talent and contracts that will count only as minimum salaries against the cap, league sources said.

The Lakers probably would need to incentivize the trading of those salaries with cash or draft considerations. Wagner, the No. 25 pick in the 2018 NBA draft, probably has the most value of the three players.

Teams are allowed to pay as much as $5.2 million to buy draft picks in a calendar year. Los Angeles paid $1.5 million as part of a deal to acquire Bonga in July, limiting the Lakers to $3.7 million in financial trades.

Still, the $3.7 million replenishes to $5.6 million once the salary cap resets on June 30. The Lakers could agree to a trade on draft night Thursday but not finalize it until July 6 if the directive is to use more than the $3.7 million available.

The Lakers need those contracts moved to come within 125 percent of Davis' salary -- which would be the difference between $23.7 million and $32.5 million in space when the trade is finalized July 6.

If Davis doesn't waive his $4.1 million trade bonus, the Lakers-Pelicans trade wouldn't be allowed even if Los Angeles finds a third team for the players not included in the original deal with New Orleans.

The Lakers would have to wait until July 30 to have the maximum cap space -- unless they were willing to incentivize New Orleans to agree to delay the completion of the trade.

Read 549 times

Soccer

Utd chief: Club aiming for the top under Amorim

Utd chief: Club aiming for the top under Amorim

EmailPrintOpen Extended ReactionsManchester United are aiming to get back "to the top of domestic an...

Real Madrid president blasted in Ballon d'Or row

Real Madrid president blasted in Ballon d'Or row

EmailPrintOpen Extended ReactionsA Namibian journalist criticised by Florentino Pérez for failing to...

Barça to close singing section due to unpaid fines

Barça to close singing section due to unpaid fines

EmailPrintOpen Extended ReactionsBarcelona will close a section behind the goal at the Olympic Stadi...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Malone rips into Nuggets after Knicks put up 145

Malone rips into Nuggets after Knicks put up 145

EmailPrintOpen Extended ReactionsAfter his Denver Nuggets "got embarrassed" in a 145-118 blowout los...

C's celebrate Porzingis' return with dominant win

C's celebrate Porzingis' return with dominant win

EmailPrintOpen Extended ReactionsBOSTON -- In his first game since helping the Celtics win the NBA c...

Baseball

Starter or reliever? Stay with the Phillies or go elsewhere? All-Star Jeff Hoffman opens up on free agency

Starter or reliever? Stay with the Phillies or go elsewhere? All-Star Jeff Hoffman opens up on free agency

EmailPrintOpen Extended ReactionsJeff Hoffman is one of the most sought-after relievers in this offs...

Rays asked to declare stadium decision by Sunday

Rays asked to declare stadium decision by Sunday

EmailPrintOpen Extended ReactionsThe Tampa Bay Rays have until Sunday to declare whether they want t...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated