Lakers Re-Sign Nick Young

JULY 21ST: Young and the Lakers have made the deal official, the team announced via Twitter.

NBA: Portland Trail Blazers at Los Angeles LakersJULY 12TH, 1:04pm: The Lakers will refrain from signing Young until after the sign-and-trade for Pau Gasol is completed, tweets Marc Stein of

JULY 11TH, 4:40pm: Free agent Nick Young has agreed to re-sign with the Lakers, reports Jeff Goodman of (Twitter link). It’ll be a four-year, $21.5MM deal with a player option in the fourth season, according to Shams Charania of RealGM (Twitter links).

The deal seems like a strong indication that the Lakers have abandoned hope of signing Carmelo Anthony, since they’ll have to use cap space on Young. They had Young’s Non-Bird rights, which only provided for a 20% raise on last year’s salary of slightly more than $1.1MM.

In spite of the hefty raise, agent Mark Bartelstein says Young passed on more lucrative offers to re-sign, as he tells Mike Bresnahan of the Los Angeles Times (Twitter link).

Photo courtesy of USA Today Sports Images.

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