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Larry Bird became the first player to earn $5 million or more with a salary of $7,070,000 in the 1991–92 season. Magic Johnson became the first player to earn $10 million or more in the 94–95 season with a salary of $14,660,000. Patrick Ewing became the first player to earn $15 million or more in the 95–96 season with a salary of $18,724,000.
As a hypothetical, let's say the Lakers zero in on Cam Johnson in Brooklyn, who is earning $23.6 million this year. They offer the Nets Russell and Vanderbilt, sending out $29.4 million, and take ...
On May 3, 2024, the Lakers fired their entire coaching staff, which includes head coach Darvin Ham, after serving for two seasons, and assistant coach Phil Handy, who had been with the team since their 2020 championship season. [4] The Los Angeles Lakers drew an average home attendance of 18,903 in 42 home games in the 2023-24 NBA season. [5]
While the Lakers did agree to re-sign Max Christie ahead of the opening of free agency, when teams can negotiate with players from other teams, the Lakers’ roster crunch and salary-cap situation ...
The NBA salary cap is the limit to the total amount of money that National Basketball Association teams are allowed to pay their players. Like the other major professional sports leagues in North America, the NBA has a salary cap to control costs and benefit parity, defined by the league's collective bargaining agreement (CBA).
The Los Angeles Lakers agreed to a contract extension with star LeBron James worth $97.1 million over two years, including a player option for the 2024-25 season, according to his agency, Klutch ...
The Lakers had a team option on Sun Yue to pick up his contract for one year paying him $736,000. [13] But the Lakers decided to release him to keep the roster to 13 players. [14] Sun eventually signed with the New York Knicks. Assistant coach Kurt Rambis left the Lakers to pursue a head-coaching position with the Minnesota Timberwolves.
The collective bargaining agreement (CBA) of the National Basketball Association (NBA) is a contract between the league (the commissioner and the 30 team owners) and the National Basketball Players Association (NBPA), the players' union, that dictates the rules of player contracts, trades, revenue distribution, the NBA draft, and the salary cap, among other things.