Insane amount of cap space coming 2016... Article Link

 
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Tilted Brim
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PostPosted: Sat May 23, 2015 9:32 am    Post subject: Insane amount of cap space coming 2016... Article Link

http://finance.yahoo.com/news/lakers-going-insane-amount-cap-141600069.html

The Lakers are going to have an insane amount of cap space when the Kobe Era ends in 2016


Kobe Bryant has indicated that next year will be his last with the Los Angeles Lakers, GM Mitch Kupchak said on Friday.

It's not a surprise. Kobe's contract is up after the 2015-16 season, and Kupchak has been saying for months that he expects him to retire.

While these last few years haven't been the best of Kobe's legendary career with the team, the Lakers should be in good shape to rebuild from scratch when he leaves. They'll have some young pieces in Julius Randle and whoever they get with the No. 2 pick in the 2015 Draft (likely Karl-Anthony Towns of Jahlil Okafor).

Most importantly, Kobe's $25 million/year contract comes off the books in the summer of 2016, the Lakers will have an incredible amount of financial flexibility as a result.

The cap is expected to explode from $67 million to $89 million in 2016-17 when the league's new TV contract kicks in. That's going to gift everyone cap space, but few teams will have more money to work with than the Lakers.

Right now the Lakers only have $8.5 million on the books for 2016-17. When you factor in the ~$4.5 million the team's 2015 first-round pick will make, you're still only at $13 million. As it stands, the Lakers could have has much as $76 million in cap space next summer. Only the Portland Trail Blazers have so little committed in 2016-17 salary (and that should change this summer if they re-sign LaMarcus Aldridge and extend Damian Lillard).

Kevin Durant, LeBron James, Al Horford, Joakim Noah, and Mike Conley are all scheduled to hit the market in 2016. While the NBA's free agency rules and the fact everyone will have some cap space will make it tougher for L.A. to sign a big name, the Lakers have always had a knack for landing the league's biggest stars. Whether it's Shaq or Pau Gasol or Dwight Howard or Steve Nash or even Chris Paul (before David Stern vetoed it), history tells us NBA players will find a way to get to L.A. if they have the cap room.

And even if they strike out on those top-line names, they'll have the flexibility to bring in a collection of solid players to put around Randle and Towns/Okafor.

All of this could go down in flames if the Lakers overspend on free agents this year. But even if they bring in a max player this summer, the combination of Kobe's contract coming off the books and the cap going through the roof means they'll still have a ton of cap space in 2016.
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PostPosted: Sat May 23, 2015 9:37 am    Post subject: Re: Insane amount of cap space coming 2016... Article Link

Tilted Brim wrote:
http://finance.yahoo.com/news/lakers-going-insane-amount-cap-141600069.html

The Lakers are going to have an insane amount of cap space when the Kobe Era ends in 2016


Kobe Bryant has indicated that next year will be his last with the Los Angeles Lakers, GM Mitch Kupchak said on Friday.

It's not a surprise. Kobe's contract is up after the 2015-16 season, and Kupchak has been saying for months that he expects him to retire.

While these last few years haven't been the best of Kobe's legendary career with the team, the Lakers should be in good shape to rebuild from scratch when he leaves. They'll have some young pieces in Julius Randle and whoever they get with the No. 2 pick in the 2015 Draft (likely Karl-Anthony Towns of Jahlil Okafor).

Most importantly, Kobe's $25 million/year contract comes off the books in the summer of 2016, the Lakers will have an incredible amount of financial flexibility as a result.

The cap is expected to explode from $67 million to $89 million in 2016-17 when the league's new TV contract kicks in. That's going to gift everyone cap space, but few teams will have more money to work with than the Lakers.

Right now the Lakers only have $8.5 million on the books for 2016-17. When you factor in the ~$4.5 million the team's 2015 first-round pick will make, you're still only at $13 million. As it stands, the Lakers could have has much as $76 million in cap space next summer. Only the Portland Trail Blazers have so little committed in 2016-17 salary (and that should change this summer if they re-sign LaMarcus Aldridge and extend Damian Lillard).

Kevin Durant, LeBron James, Al Horford, Joakim Noah, and Mike Conley are all scheduled to hit the market in 2016. While the NBA's free agency rules and the fact everyone will have some cap space will make it tougher for L.A. to sign a big name, the Lakers have always had a knack for landing the league's biggest stars. Whether it's Shaq or Pau Gasol or Dwight Howard or Steve Nash or even Chris Paul (before David Stern vetoed it), history tells us NBA players will find a way to get to L.A. if they have the cap room.

And even if they strike out on those top-line names, they'll have the flexibility to bring in a collection of solid players to put around Randle and Towns/Okafor.

All of this could go down in flames if the Lakers overspend on free agents this year. But even if they bring in a max player this summer, the combination of Kobe's contract coming off the books and the cap going through the roof means they'll still have a ton of cap space in 2016.


Not really, all teams will overspend this summer.
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PostPosted: Sat May 23, 2015 9:45 am    Post subject:

If the Lakers don't spend on FAs this summer, no one will want to sign with us next summer.
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yinoma2001
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PostPosted: Sat May 23, 2015 9:47 am    Post subject:

If the Kobe era ends. Really no way to know right now.
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PostPosted: Sat May 23, 2015 9:49 am    Post subject:

Still a lot of space to fit in some nice players after Kobe contract is off the books.
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lakerglory
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PostPosted: Sat May 23, 2015 9:50 am    Post subject:

If Kobe continues to play after 2016 he will need to accept a contract in the 8-10 million. Otherwise he can stay home or go ring chasing with another team.
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PostPosted: Sat May 23, 2015 9:52 am    Post subject:

The Lakers need to spend for good pieces while also not blowing their wad on one decent piece and not having enough to fill out the roster.
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