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Kentavious Caldwell-Pope signs a three-year $ 40 million deal with the Los Angeles Lakers, according to The Athletic’s Shams Charania. The third year of the contract includes a partial guarantee. This is now the fourth straight off season that Caldwell-Pope has signed a deal with the Lakers. He originally joined the team in 2017 after starting his career with the Detroit Pistons and has played on one-year contracts ever since. Now he’s getting the long-term security he’s been looking for since 2017, and he’s getting it with the championship candidate he’s been with for the past three seasons.
Caldwell-Pope started out with $ 8. 4 million player option for this season. He was expected to use this option throughout the regular season as it was expected that space across the league would be limited. A strong playoff run in which Caldwell-Pope became the third best player on a championship team changed that. According to Charania, Caldwell-Pope received a lot of interest in the league, but he and the Lakers were determined to strike a deal.
That makes sense on both sides. The Lakers, who had already spent their mid-tier exception, had no way of replacing Caldwell-Pope if he had left. Caldwell-Pope should have joined a lottery team like New York or Atlanta by now to get that money elsewhere. However, the Lakers had full bird rights so they could pay him over the cap to stay.
Now, most of the off-season retooling appears to be complete. With the signing of Montrezl Harrell with the exception of the middle tier, the Lakers set off a hard cap at $ 138. 9 million aprons. You are very close to that number now and will likely try to outsource JaVale McGee’s $ 4. 2 million salary to create the space needed to fill out the roster. There are still minimal signings to be made but the defending champions have now taken their biggest steps.
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Kentavious Caldwell-Pope, Los Angeles Lakers, Free Agent, New York Knicks, LeBron James
News – CA – NBA Free Agency: Kentavious Caldwell-Pope signs another three-year deal with Lakers $ 40 million per report