The Lakers And Luol Deng Will Finally Part Ways

Britain's Luol Deng was waived Saturday by the Los Angeles Lakers, enabling the club to save enough money under National Basketball Association salary cap rules to land a top 2019 free agent.

"We want to thank Luol for his time with the Lakers", said Pelinka.

As Deng's role quickly diminished in his first season, all the attention was naturally on his four-year, $72 million deal.

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Deng's buyout leaves him with $29 million for the two years left on his contract, which the Lakers will use the waive and stretch provision to soften the short-term salary cap hit. The Lakers gave up guard D'Angelo Russell in a trade with Brooklyn last summer because they could include Mozgov's contract. But for now, it's just good that Deng will get the chance to play basketball again, as he's so obviously been bummed out by the a year ago or so in Los Angeles. The Lakers, meanwhile, now have the room to become an even more aggressive player in free agency than originally anticipated next summer, per ESPN.

With the buyout certain happening, Deng will be able to sign with a contending team this season as the veteran forward seeks a long-coveted championship ring. Stretching Deng will open up an additional $12.5 million in cap space.

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