New Lakers Coach Can Expect To Take Paycut

It probably already went without saying that whomever the Lakers hired to replace the retiring Phil Jackson as head coach would not earn as much as Jackson, who drew an eight-figure annual salary. But now we know for sure. The Lakers, who have the NBA’s highest player payroll, expect to pay their new coach between $3 to $5 million annually, according to Mike Bresnahan of the Los Angeles Times. As Bresnahan notes, that figure still represents an increase over the league-average coaching salary of $2 to $4 million.

The reason is simple: the Lakers need to cut expenses before the anticipated labor lockout next season. Coaching isn’t the only area management is trimming:

The Lakers have already informed more than a dozen employees from their scouting department, athletic training staff and video department that their contracts will not be renewed.

It’s a negative outcome for those employees, to be sure, but the Lakers, as always, are operating from a position of strength relative to other teams. They can afford to jettison salary this way, by letting support staff go, rather than by trading important players away for pennies on the dollar. That’s a reality other teams will face.

On the other hand, if even the Lakers need to cut back, this lockout is serious.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SB Nation Los Angeles

You must be a member of SB Nation Los Angeles to participate.

We have our own Community Guidelines at SB Nation Los Angeles. You should read them.

Join SB Nation Los Angeles

You must be a member of SB Nation Los Angeles to participate.

We have our own Community Guidelines at SB Nation Los Angeles. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.