Tuesday, 15 June, 2021

Lakers re-sign Caldwell-Pope to 3-year, $40M deal

Kentavious Caldwell Pope won a championship in his third year with L.A Kentavious Caldwell Pope won a championship in his third year with L.A
Cary Erickson | 22 November, 2020, 07:36

While Rich Paul looked around for a larger payday, the teams left with money to spend - the Knicks, Hawks - were not preferred landing spots for Caldwell-Pope.

The Los Angeles Lakers re-signed guard Kentavious Caldwell-Pope to a three-year, $40-million contract, his agent told The Athletic's Shams Charania.

Caldwell-Pope, who opted out of his $8.4 million player option last week, is seeking to command a deal worth more than $10 million a year.

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The 27-year-old signed with the Lakers as a free agent ahead of the 2017-18 season.

Bringing Caldwell-Pope back, the most consistent and best player from the Lakers supporting cast during their most recent championship run, is a huge pick-up in free agency for the Lakers. Turner makes clear that Caldwell-Pope is looking for the "right price".

According to Larry Coon, considered an expert on the National Basketball Association collective bargaining agreement, the Lakers can't go above the hard salary cap of about $136.6 million, and that prohibits the Lakers from offering Caldwell-Pope more than $12 million.