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Years ago

Lakers / Odom talks stall

I've been thinking that the odds have to be with Odom returning to the Lakers as well. So I put the Lakers pulling their offer the other day down to Buss/ Kupchak trying to make a point to Odom's agent so he will stop playing the market.

I still think this is the most likely thing to happen, however this article I read this morning did give me pause:

http://linky.com.au/ymbxi

The key thing is the size of the wage bill if they sign Odom. According to this article, without having signed Odom the Lakers payroll is currently at $83.8 mill for 12 players (assuming they waive Sun Yue).

I didn't realise it would end up being quite this high! Apparently as things stand they will have to fork out $13.9 mill in luxury tax this season.

If they add Odom for $8 mill (a good price and less than Lakers have already offered) they'll basically be at $92 mill and on the hook for $22 mill in luxury tax!

Ostensibly they'd by paying out $114 mill just on salaries for one season! That is a lot of money, even for Jerry Buss, especially when $22 mill goes to other owners under the luxury tax!

I still think Odom will blink and sign at $8-9 mill, but the risk he is taking is that Buss takes offence that his more than reasonable offer has been ignored, and flatly refuses to sign Odom to make a point!

I think Odom needs to fire his agent and go round to Buss's house for a large slice of humble pie!

 

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