The Lakers have an upcoming decision to make regarding the contract of Luol Deng.
The deadline to stretch Deng’s full $54 million is August 31. The Lakers would still owe him his salary but Deng would be paid over the next seven seasons at $7.7 million per year. After August, Los Angeles cannot stretch Deng’s salary for the 2017-18 season, but they can spread his final two seasons ($36.8 million total) at $7.4 million over five.
Stretching Deng would clear almost $10 million from the team’s salary cap next summer. By waiting until after the deadline this month, the Lakers would gain roughly $352K of additional spending power.
Thoughts? 🏀🏆 (via LakersNation.com)