Nash is sure to have a chance at that now, with the deadline for the “stretch” provision passing over the weekend, as Eric Pincus of The Los Angeles Times noted.
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Over the summer, Grantland produced a documentary with Nash and broached the subject. Nash, as frank as ever, said he didn’t want to retire and he wanted the money.
He will now be paid $9.7 million over the 2014-15 season to play another season for the Lakers. If the Lakers waived Nash, they could have stretched his salary over three seasons, paying him $3.2 million per year and receiving salary cap relief for the upcoming season.
The Lakers went under the salary cap for the first time since 1996 this offseason, with a total of $63.1 million to pay out. They are now over the cap at $67.9 million with 13 players under contract.
