The Lakers have waived Jordan Goodwin, reports ESPN’s Shams Charania (via Twitter). The move was necessary to create room below the first tax apron to sign Marcus Smart following his buyout from the Wizards.
The Lakers had recently picked up the $2.3MM team option on Goodwin’s contract, but only $25K of the deal was guaranteed.
As the only remaining Laker with a non-guaranteed contract following the team’s decision to waive Shake Milton earlier today, Goodwin’s place on the roster became tenuous once it was clear the Lakers were bringing in Smart on a two-year, $11MM deal that necessitated multiple cost-cutting moves. Smart’s salary for next season is expected to be worth the full bi-annual exception of $5.1MM.
As Bobby Marks of ESPN tweets, once Smart signs, the Lakers will be operating about $1MM below the first apron, so they won’t have enough breathing room to sign a 15th man before the season begins without further cost-cutting moves.
Marks adds (via Twitter) that because Goodwin has played in the league for four seasons, he’s ineligible for a two-way deal. The 26-year-old defensive-minded guard played 29 games for the Lakers this season, averaging 5.6 points, 3.9 rebounds, and 1.4 assists in 18.7 minutes per night. He shot 38.2% from three and appeared in four of the five Lakers’ playoff games against the Timberwolves, averaging 7.8 minutes per game in the postseason.
Goodwin will now hit waivers and then become an unrestricted free agent if no one claims him (the priority order is determined by the reverse order of last season’s standings). The Athletic’s Tony Jones speculates (via Twitter) that Goodwin is likely to have a number of suitors on the open market.