The deadline for the Lakers to use the “stretch” provision on Steve Nash passed over the weekend.
The 40-year-old point guard is heading into his third year with the team, earning $9.7 million for the 2014-15 season.
Had the Lakers waived Nash prior to September, they would have been able to stretch his salary over the next three years at around $3.2 million annually.
The team considered increasing its spending power by stretching Nash’s salary, but when its top free-agent targets (LeBron James, Carmelo Anthony and Chris Bosh) signed elsewhere, the Lakers chose instead to protect their cap space over the next two summers — sticking with the NBA’s oldest player for a final season.
Sources: Jameer Nelson Signs 1-Year Deal With Pelicans
Free-agent guard Jameer Nelson has agreed to a one-year deal with the New Orleans Pelicans, league sources told The Vertical.
Nelson entered free agency Wednesday, when the Denver Nuggets waived him to create roster space to sign Richard Jefferson and allow second-year guard Jamal Murray to assume the starting point-guard role.
Source: Shams Charania of The Vertical
Bobby Portis Apologizes to Bulls for Mirotic Fight
Bobby Portis has apologized to his Bulls teammates for getting into a fight that left Nikola Mirotic with facial fractures and a concussion. “He didn’t address us today, but he did address the team before so that was taken care of,” Bulls swingman Justin Holiday said after Friday’s practice.
Bulls coach Fred Hoiberg acknowledged that Portis’ apology took place during a team meeting but did not want to go into specific details about his message. “I’ll keep that between the team,” Hoiberg said, “as far as exactly what was said in that meeting.”
Source: Nick Friedell of ESPN
Joel Embiid Still Not Cleared for Back-to-Back Games
Philadelphia 76ers center Joel Embiid said he has not been cleared to play back-to-back games and does not expect to be in the lineup Saturday at Toronto.
Embiid was in the starting lineup for the home opener Friday night against the Boston Celtics, scoring 11 points to go along with 14 rebounds in 28 minutes as Philadelphia lost 102-92. Asked after Friday’s game if he was OK with not playing Saturday night, Embiid replied, “Um I’m not OK with it but we have a plan in place and we have to follow it.”