Lakers News: Team To Benefit Financially From Mike Brown’s Hiring

NBA: Los Angeles Lakers-Media DayWhen the Lakers fired Mike Brown five games into the season they were still left having to bite an enormous financial bullet. By dismissing him before his contract was up, the team was still on the hook for somewhere between $6-7 million. However, with the news that Brown has been re-hired by the Cleveland Cavaliers to be their head coach, the Lakers will get some minor relief due to a clause in Brown’s contract.

—- Get to know Steve Nash in this player profile! —-

According to Mark Medina of the L.A. Daily News, the Lakers will get a bit of a break, but won’t be able to get Brown’s deal off the books completely.

The Lakers will receive “some relief” from the $6 million to $7 million they owe Brown over the next two years after firing him five games into this season, according to a source familiar with the situation but not authorized to discuss it publicly.

The source indicated both sides will know how much the Lakers will save once Brown’s contract with Cleveland is finalized.

How much relief the Lakers are given depends on how much Brown will get paid his first two seasons in Cleveland. Obviously until those numbers are finalized they won’t know for sure, but it will be nice for the Lakers to get out from under his contract, albeit slightly.

After dismissing Brown the Lakers hired Mike D’Antoni, signing him to a four-year deal, of which they still owe him $8 million guaranteed over the next two seasons with an option for the final season. Some fans are asking whether or not getting Brown (slightly) off their books means they’re more likely to let D’Antoni go as well. For now it’s far too soon to tell, especially with Mitch Kupchak already stating that D’Antoni will be back next season.

It’s obvious some fans are still holding out hope the team will dismiss D’Antoni and bring back Phil Jackson, who has reportedly been interested in getting back into the business. But for now the team has publicly declared their support of D’Antoni.

__________________________________________________________________________________________

In case you missed it, be sure to check out Kobe Bryant making two free throws with a ruptured Achilles in our Play of the Week!

Don’t forget to click here to subscribe to our Lakers Nation YouTube Channel!

You May Also Like

Magic Johnson On Mike D’Antoni: ‘He’s Got To Be Coach Of The Year’

Mike D’Antoni is a pretty polarizing figure. He had great success as head coach of the Phoenix Suns and helped revolutionize the NBA game…

Lakers News: Kobe Bryant Wins Second Straight Player of the Week Award

After winning the Western Conference player of the week award last week,…

Former Lakers Great Lamar Odom Opens Up About Drug Addiction In Players’ Tribune Article

Former two-time NBA Champion and Los Angeles Lakers great Lamar Odom suffered a near-death experience in October 2015…

Lakers News: Chris Kaman Says Team ‘Isn’t Used To Winning Right Now’

[new_royalslider id=”128″] In Thursday night’s 107-103 loss to the Oklahoma City Thunder,…