Jaxson Hayes' return to the Lakers included a surprising contract worth 120% of the six-year minimum, totaling $3.45 million. This contract affected the team’s salary cap dynamics, preventing them from waiving Shake Milton to access the full bi-annual exception due to their financial situation. With 15 players on the roster, the Lakers face challenges in making necessary trades or signing additional free agents. Hayes will also gain either Early Bird or Bird rights, which will provide him with an implicit no-trade clause at the contract's conclusion.
Jaxson Hayes signed a contract with the Lakers for 120% of the six-year minimum using non-bird rights, resulting in a total salary of $3.45 million.
The Lakers cannot simply waive Shake Milton to access the full bi-annual exception due to proximity to the first apron after using the non-taxpayer mid-level exception.
With the signing of Jaxson Hayes, the Lakers may need to make trades to clear space as they pursue further roster adjustments.
Hayes will have either Early Bird or Bird rights at the end of his contract, granting him an implicit no-trade clause.
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