Report: Lakers expected to use amnesty on World Peace
JUL 08, 2013 5:37p ET
According to the Orange County Register, the Lakers will use their amnesty on World Peace "barring some late change."
For the Lakers, whose chances at putting together a winning team next season are slim, every penny counts, and so it hardly came as a surprise when Kobe Bryant began tweeting about his team’s decision whether to amnesty World Peace.
World Peace’s is an expiring deal, so the amnesty would only help the Lakers in the near term. However, the forward is past his prime, and his numbers have hardly been outstanding since he came to the Lakers from Houston in 2009. Sure, he started for them last season, which means the Lakers would have to draw from their nonexistent batch of qualified reserves to replace him, but at this point, so what? At this point, what is next season besides an opportunity to tank and regroup later?
With the way the tax is structured, the Lakers will have to pay $1.50 for every dollar they are over the luxury tax threshold; hence the $19 million payout they would avoid by letting World Peace go. With the rate of the tax becoming incremental this season, it’s going to become ever more punitive for teams to pay it, and it’ll take a hefty price tag to keep World Peace on a Lakers team that doesn’t necessarily need his services.
That's not to say World Peace wouldn’t be picked up elsewhere if amnestied. He would be available to be claimed off waivers if amnestied, and if he were to be, the Lakers would only have to pay the difference between his new salary and what they owe him. If were to clear waivers, though, which he likely would, they’d be on the hook for the whole contract, no matter if another team eventually were to sign him.
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