I was understanding it the same, but most of the credible cap related articles were also saying that if they just ran back he current roster they would get the full MLE, because with their cap holds they are technically over the cap. I guess they can't renounce those cap holds and use the same money to replace them and still get the MLE? Doesn't make sense really because you can hold those players cap holds all the way through free agency, that's where I was confused..
Not sure if it applies still after after losing Muscala, Bullock, and Wagner & co.. But if the Lakers miss on Kawhi it might be better off for them to have retain everyone else to stay over the cap, and the have the full MLE + bi annual.. Meaning they could have kept Rondo, JaVale, KCP, Bullock, Lance, Tyson, and so on and then added guys like Seth Curry, Nerlens Noel, Danny Green, or a trio of similar players...
Like I said, no cap expert, but that may still be in play with KCP, Rondo, JaVale, Tyson, Lance, having not signed anywhere else either.. Actually just checked spotrac now, with the guys still on cap including the cap holds they still have, they are 9 mil over the cap.. Meaning if no Kawhi I'm assuming they bring all of those guys back, possibly on 1 year deals again, and use the full MLE on another good or two solid players..
With most of the more attractive pieces gone the above plan would likely be better than trying to spend 30 mil on 3-4 guys and filling the other spots with minimum deals. Keep what you have, and possibly sign some of the same guys you wanted anyways..
This would put them out of contention for a max player next season, but possibly get a near max guy in the 20's mil range.. Or move Kuz + a couple of those contracts on a max guy in season.. Say for example Washington decides to move on from Beal.
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