July 9, 2013 |
With the NBA releasing its new salary cap figures on Tuesday night, the Lakers' numbers show the Lakers could pay almost $25 million in luxury tax for the coming season. While the salary cap has been set at $58.679 million, the significant number for the Lakers is the tax threshold -- which came in slightly over previous league estimates at $71.748 million. For the first time in NBA history, the tax climbs incrementally with each additional $5 million in payroll. The Lakers have $80.56 million in guaranteed contracts with eight players.
July 6, 2013 |
Smart money The divorce of Dwight Howard and the Lakers might be the biggest story in town, and NBA legend Magic Johnson is an owner of the Dodgers. So the L.A. sports fan ought to appreciate that the best moves the Dodgers made last week included trading for cap space. There is no salary cap for major league players, but the new collective bargaining agreement caps what teams can spend on amateurs. After Bob Engle , the Dodgers' vice president of international scouting, determined the team needed more cap space to pursue players around the world, the Dodgers traded reliever Matt Guerrier to the Chicago Cubs for reliever Carlos Marmol . Dodgers fans vented about why their team would want the erratic Marmol, but what the Dodgers really wanted was the additional $200,000 in international cap space the Cubs included in the trade.
June 22, 2013 |
The rules changed when the league adopted the 2011 collective bargaining agreement, but Lakers executive and owner Jeanie Buss is confident the franchise will navigate its way back to the top. "We are in 100% in support of those agreements, but as much as they'd like to try to revenue share and make things equal -- our basketball expertise, they can't revenue share away from us," Buss said. "I believe that as they keep trying to make things more...
May 22, 2013 |
Brian Urlacher is the latest NFL fixture to bid farewell to his football career. The Chicago Bears All-Pro linebacker announced his retirement Wednesday on Twitter, linking to a longer statement: “After spending a lot of time this spring thinking about my NFL future, I have made a decision to retire,” Urlacher wrote in a statement. “Although I could continue playing, I'm not sure I would bring a level of performance or passion that's up to my standards. When considering this, along with the fact that I could retire after a 13-year career wearing only one jersey for such a storied franchise, my decision became pretty clear.
May 5, 2013 |
Poor Lakers. Even if Dwight Howard walks and Metta World Peace gets amnestied, they're still too far over the salary cap to chase any big-name free agents. Silly NBA rules. Along those lines, a sad-looking quote stood out as players and staffers slogged through two days of end-of-season meetings last week - except Antawn Jamison, who skipped them as a final goodbye to the team and Mike D'Antoni. "The collective-bargaining agreement really limits how we can add to the team," Lakers General Manager Mitch Kupchak said.
April 14, 2013 |
Lakers General Manager Mitch Kupchak was clear Saturday that the team has no intention to use their one-time amnesty on Kobe Bryant. "That's not even something that we've discussed," Kupchak said. "That's the furthest thing from our mind right now. " Bryant, who tore his left Achilles' tendon Friday night, underwent surgery Saturday and is projected to be out for a minimum of six to nine months. Between July 10 and 17, the Lakers can amnesty a single player who was under contract before the 2011-12 season.