The two-year, $21.6MM commitment the Clippers made to Reggie Jackson, including a $10.38MM cap hit next season, will have major tax implications for the team, Bobby Marks of ESPN tweets. After accounting for new contracts for Jackson and Kawhi Leonard, who is expected to sign for the maximum, the Clippers’ tax bill is projected to be $95MM. Taking into account both salaries and tax penalties, the cost of the roster will be $265MM, says Marks.
We have more from the Pacific Division:
- In a separate tweet, Marks provides the specific details on Chris Paul‘s new four-year, $120MM contract with the Suns, confirming a report that the deal includes $75MM in guaranteed money. It will start at $30MM before dipping in year two and increasing again in the third year, which is partially guaranteed for $15.8MM. The structure will allow Phoenix to stay out of the tax in 2021/22 and ensures the deal’s cap hit will be lowest in ’22/23, when potential new contracts for Deandre Ayton and Mikal Bridges go into effect.
- Trevor Ariza, who has signed a one-year deal with the Lakers, said that Russell Westbrook recruited him, Mark Medina of USA Today tweets. Westbrook called Ariza approximately 20 minutes after Westbrook was traded to the Lakers, the veteran forward said. He also said his children urged him to sign with the Lakers.
- The Lakers may be stockpiling aging veterans like Ariza, Carmelo Anthony, Wayne Ellington and Dwight Howard to help LeBron James and Anthony Davis win another title, but Howard said there won’t be a lack of energy or enthusiasm, Dave McMenamin of ESPN writes. “I think we have new life, all of us coming together and playing,” he said of the Lakers’ vets. “I think it’s going to provide new life being able to see who we have on our roster, who’s going to be playing alongside of us each and every day. I think we’ll have so much energy it will be hard to contain.”