September 2018 Basketball Wiretap

Luol Deng Takes $7.3M Salary Reduction In Buyout With Lakers

Sep 4, 2018 4:50 PM

Luol Deng agreed to a $7.3 million reduction in salary with his buyout agreement with the Los Angeles Lakers.

The Lakers will use the waive and stretch provision on Deng.

The Lakers will have $38 million in cap space in 2019.

Deng played in just one game last season with the Lakers.

Adrian Wojnarowski/ESPN

Tags: Luol Deng, Los Angeles Lakers, NBA, NBA Signing Rumor, NBA Misc Rumor, NBA Waiver

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Luol Deng Agrees To Buyout With Lakers

Sep 1, 2018 11:32 AM

The Los Angeles Lakers and Luol Deng have reached agreement on a buyout.

The Lakers will use the waive-and-stretch provision on Deng's remaining salary.

Deng was owed $36.8 million over the next two seasons.

Deng will enter free agency.

Shams Charania/The Athletic

Tags: Luol Deng, Los Angeles Lakers, NBA, NBA Signing Rumor, NBA Misc Rumor, NBA Waiver

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