The Lakers have exercised their team option for the 2026/27 season on forward Dalton Knecht, according to Keith Smith of Spotrac (Twitter link).
The option, which is for the third year on Knecht’s rookie scale contract, is worth $4,201,080 and is now fully guaranteed. The Lakers will face their next decision on the 24-year-old a year from now, when they’ll have to determine whether or not to pick up his $6,452,859 option for the 2027/28 season.
If that fourth-year option is exercised, Knecht would become eligible for a rookie scale extension during the summer of 2027, with potential restricted free agency on tap for 2028 if he and the Lakers don’t work out a new deal before then.
The 17th overall pick in the 2024 draft, Knecht got off to a great start as a rookie last season, averaging 12.2 points per game and making 43.9% of his three-pointers in his first 19 outings. However, he averaged just 8.1 PPG and knocked down just 34.8% of his outside shots the rest of the way while struggling defensively.
Knecht shot 32.1% from the field and 23.7% on three-pointers in six Summer League appearances and wasn’t any better in the preseason, with shooting percentages of 32.0% from the floor and 23.5% from beyond the arc in six outings. Still, the Lakers remain confident in his ability to turn things around, having picked up his 2026/27 option with plenty of time to spare before the October 31 deadline.
As our tracker shows, Knecht is the only Laker whose contract includes a rookie scale team option for ’26/27.
They’re holding on to the hope he can recoup some trade value
There may be guys on 2-way contracts who are better than him. Luckly for the Lakers, he may have special values to teams like Utah or Indiana.