What Could Lakers Do With $87 Million Cap Space This Summer?

The Lakers’ mega decision last offseason to not offer LeBron James an extension means they could potentially enter free agency next summer with $87 million in cap space to sign their or other team’s free agents.

Right now, only 6 NBA teams are projected to have significant cap space to sign free agents next summer, which means the Lakers would only be competing with 5 other teams, none of whom are legitimate contenders. Reports say Lakers will have $55 million in cap space, Wizards $80 million, Clippers $67 million, Jazz $48 million, Nets $44 million, Bulls $35 million. Lakers could renounce players to increase their cap space to $87 million.

While next summer’s free agency may not include superstars like Jokic or Antetokounmpo, here are impressive lists of the available free agents who are unrestricted and restricted free agents or have player or team options.
Besides their own free agents, possible Lakers targets include centers like Porzingis, Robinson, Williams, and Kessler and 3&D guards and wings like Ellis, Olynyk, Oubre Jr., Thybulle, Grimes, and maybe even Wiggins.

While the NBA has tougher limits on free agency than MLB, the Lakers would be smart to to emulate the Dodgers and prioritize building via free agency versus trades since you do not give up players or draft capital.
Last offseason was the perfect example of how adding Deandre Ayton, Marcus Smart, and Jake LaRavia as free agents without having to give up matching salary or draft capital allowed the Lakers to expand their depth.

The Lakers have smartly positioned themselves to have $87 million in cap space next summer to build a legitimate championship roster around Luka Doncic by signing their own free agents and other teams’ free agents.

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Re-signing Their Own Free Agents

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While the names and numbers could change due to a midseason trade, the Lakers currently have 10 players whom they’ll probably keep and 4 players on expiring contracts whom they’ll probably let walk away in free agency.

The 10 players the Lakers will probably keep include 6 players who are under contract and 4 free agents. Luka Doncic, Jarred Vanderbilt, Jake LaRavia, Dalton Knecht, Bronny James, and Adou Thiero have contracts.
The 4 players who are unrestricted free agents are Austin Reaves, Rui Hachimura, Deandre Ayton, and Marcus Smart. They need to be re-signed with raises. Here’s a proposed Lakers 2026–27 salary cap for next summer.

LAKERS PROJECTED 2026-27 CAP SPACE

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On the left, the chart shows the 10 players the Lakers plan to keep, their current or last salary, proposed raise, and projected new salary. On the right, the chart shows the 4 free agents whom they’re going to renounce.
The Lakers project to have $123.5 million in existing player contracts plus $43.6 million in projected raises for a total payroll of $166.9 million for the 10 players the Lakers plan to have on their payroll going into the summer.

The Lakers do have a major decision to make with respect to Deandre Ayton, who has done an excellent job at both ends to help the Lakers win but isn’t the ideal rim protector and floor spacer that Luka needs to win.
There will be several quality starting as well as backup centers in next summer’s free agency who can both protect the rim and space the floor who could replace, backup, or play next to Ayton in a two-bigs lineup.

The Lakers should spend half of their $87 million in open cap space to give raises of $20 million to Austin, $12 million to Deandre, $7 million to Rui, and $4 million to Marcus for a total of $43 million for their own free agents.

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Signing Other Team’s Free Agents

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The Lakers plan is to allow LeBron and 3 other free agents walk away for nothing to create an $87 million free agent opportunity where they use half to sign their own top free agents and half to sign other teams’ free agents.

We saw last section how the Lakers used half of their $87 million in cap space or $43 million to give raises and extensions to 4 of their own free agents: Austin Reaves, Deandre Ayton, Rui Hachimura, and Marcus Smart.
The other half of the $87 million or $43 million is to be used to sign free agents from other teams, including a starting point-of-attack wing, backup shot blocking center, and possibly better fitting center to replace Ayton.

The following chart lists Lakers’ top 10 free agent targets for next summer, their last salary and projected free agent price. The Lakers have $43 million that could be used to add 2 to 4 free agents to the Lakers current 10 players.
They could add Andrew Wiggins and Mitchell Robinson. Or Keon Ellis and Kristaps Porzingis. Or Keon Ellis, Walker Kessler, and Robert Williams. Or even Walker Kessler, Robert Williams, Kelly Oubre, and Quentin Grimes.

LAKERS PROJECTED 2026 FREE AGENT TARGETS

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The Lakers’ major challenge in building out this roster around Luka Doncic is what to do about center. While Deandre Ayton has been great, the Lakers need better rim protection and floor spacing from their center rotation.
Could Kristaps Porzingis or Walker Kessler be better starting options for the Lakers than Deandre Ayton? Or the answer could be to build a deeper, more diverse front court rotation by adding Wiggins, Olynyk, and Williams.

With $87 million cap space, Lakers could build a legitimate championship team by re-signing their own free agents Reaves, Ayton, Hachimura, and Smart and signing other teams’ free agents Wiggins, Olynyk, and Williams.