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LAL WAIVE FORWARD B. GRANT

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wcsoldier:
EL SEGUNDO, Calif. (AP) -- The Los Angeles Lakers waived forward Brian Grant on Wednesday, taking advantage of a one-time provision to the NBA's new collective bargaining agreement that allows teams to save nearly $30 million in luxury tax penalties.

Grant was part of the trade that sent Shaquille O'Neal to the Miami Heat last July. The Lakers acquired Grant, Lamar Odom, Caron Butler and a future first-round draft pick.

Grant was the Lakers' second-highest paid player after Kobe Bryant and still is owed $29.8 million on his contract.


 
 
He averaged a career-low 3.8 points and 3.7 rebounds last season while bothered by chronic tendinitis in his knees. He also had a neck injury in training camp and spent a month on the injured list because of the tendinitis.

The Lakers will have to pay nearly all of Grant's remaining contract, even if the 33-year-old player signs with another team as a free agent. The Lakers will gain no additional salary cap flexibility until after the 2006-07 season, when Grant's contract expires.

By removing Grant's salary from the NBA's luxury tax calculations, the Lakers benefit because the league assesses a dollar-for-dollar penalty for the amount teams spend over the luxury tax threshold, which will be $61.7 million for next season.

``This is a one-time opportunity to take advantage of this situation, and exercising this will give us greater roster flexibility and the ability to improve our team,'' Lakers general manager Mitch Kupchak said.

Addicted To Cake:
that guy is fuckin trash. he should feel ashamed of himself for stealing all that money last season.

acbaylove:
He's a good person, i've loved him in the past because he was obviously undersized by almost every PF and C's in the NBA, but he still had the heart to do it. He failed in L.A., dramatically. And he wasnt worth all them money. Bye bye Brian.

eS El Duque:
that sucks...but look at the bright side..he still gets 29 million

WestCoasta:
the thing is, they still gotta pay him, regardless if he's on the team or not, it's that new NBA Union rule

he won't be on the team but he WILL be makin $14 million  :o

unfuckinbelievable, that much god damn money for sittin on your ass, I'm so jealous

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