Lakers as NBA’s Salary Dumpster

5 Jul

Soon after I published this article, right on cue, the Lakers made another one of their knuckle-headed amateurish head-scratcher moves and reaffirmed their role as a salary dumpster.  This is what I had written in that article:

The team has poorly managed its assets.  It gave up four draft picks to Phoenix for the rights of an overpaid Steve Nash at the end of his career who commanded $15 million a year for three years, and played only a handful of games.  The team paid nearly $45 million for two years to a Kobe who has played another handful of games. The team paid $14 million to a laughable Jeremy Lin who had a handful of good games in New York before coming down to Earth to be the player he really is: someone who should be playing in Turkey, not in U.S..  Before those players, they were overpaying Ron Artest, Lamar Odom, Luke Walton, and Brian Grant and many others.  Speaking of Brian Grant, remember him? He was the bum the Lakers got in the Shaq trade.  Pat Riley dumped Grant on the Lakers and saddled them with a $45 million, 3 year contract.  After one year of miserable non-performance, the Lakers ate the remaining $30 millions and released the bum who lasted 3 more days in NBA before retiring to enjoy his unearned $45 million.

Guess what.  The Lakers just helped make it possible for Indiana Pacers to rebuild their team by agreeing to take Hibbert off their hands and shift Hibbert’s $15.5 million a year salary into their own cap space. Hibbert has been horrible since the 2013-2014 season.  He completely disappeared in the play-offs a year and half ago and never recovered.  As a result, the team nose-dived.  It realized it needed to change direction.  It has been no secret that Indiana no longer wanted or needed Hibbert but could not find a way to unload his huge salary.  So, after losing out on all the big name free agents, the Lakers did what they have always done: accept other teams trash.  Check out Indiana’s sports sites for their reaction to the trade.  They’re celebrating the dumping of the Lakers.

No wonder they are in the mess they are!

By the way, this is what Steve Nash is doing with the $45 mils he got from the Lakers for playing less than half a season. Of course, he cost the Lakers more than just the $45 mils and a lot of anger.  He also cost them 4 draft picks.  Thanks Steve.  Hope you choke on it.

[Edit: it’s actually worse than a 15.5 million dump.  With a kicker thing it’s actually over $17 million.  Imagine: the Lakers have now exhausted just about all of their salary cap with the exception of $5 million and there isn’t a player on this team outside of an injury-riddle Kobe that you could consider a legitimate star.  The Lakers have managed to spend nearly as much as San Antonio Spurs for a bunch of scrubs and rookies.  Meanwhile, San Antonio has loaded the team so badly with talent, they could play the Lakers 82 games next season and win all of them.  The Knicks used to be known as the most inept big spenders in the League.  It’s safe to say the Lakers now outright own that title.]


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