Lakers Abandon Hope Of Luol Deng Trade

The Lakers have given up hope of trading veteran forward Luol Deng, deciding the price would be too steep, Adrian Wojnarowski said on ESPN’s Full Court Press. Other teams are aware of L.A.’s desire to unload Deng’s hefty salary and are demanding a lot in return for taking it on.

“You talk to teams around the league, no one is bailing the Lakers out with Deng’s contract,” Wojnarowski said. “They’re not. Teams have asked for multiple first-round picks. They’ve asked for Brandon Ingram. They’ll ask for Kyle Kuzma. The Lakers have essentially given up on the idea that they can trade Deng.”

Deng has two more seasons and $36.81MM left on the four-year, $72MM deal he signed in the summer of 2016. The Lakers have received very little for that money, as Deng was limited to 56 games last season and has only gotten off the bench once this year.

A report this week said the organization is unwilling to part with even one first-rounder to get rid of Deng, so a trade was never realistic. As we outlined on Friday, the most likely step is for the Lakers to stretch the final two years of Deng’s contract. If they do it before August 31 of next year and stretch the money over five seasons, it would provide a $7.362MM cap hit each year. If they hold onto Deng for another year and stretch the final season across three years, it would count $6.27MM annually.

The Lakers are hoping to be major players in the free agent market next summer and would like to clear as much cap room as possible in hopes of offering two max contracts.

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