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Kendrick Nunn exercising $5.25M player option with Lakers

Kendrick Nunn exercising $5.25M player option with Lakers

Undrafted Kendrick Nunn, after scoring 15 points per game playing two seasons with the Heat, might have dreamed of a bigger contract in free agency.

He settled for just a $5 million salary from the Lakers last summer.

The contract included a player option for next season, insurance for Nunn. But the deal was clearly designed to allow him to re-enter free agency this summer.

Yet, after missing the entire season with a knee injury, Nunn will take the guaranteed money.

Jake Fischer of Bleacher Report:

Nunn is expected to pick up his $5.25 million player option for next season, sources said

This is a fascinating decision on multiple levels.

Could Nunn have gotten more money by opting out?

Nunn had his market cooled last summer by restricted free agency. He signed with the Lakers only after the Heat pulled his qualifying offer late in the process. The Knicks and at least one other team reportedly made Nunn larger offers than what he took from Los Angeles.

So, while Nunn didn’t boost his stock by missing the season, he might have gotten a raise by opting out.

He could have even held internal leverage with the capped-out Lakers, who could’ve given him a $6 million salary through Non-Bird Rights. That’s money Los Angeles wouldn’t have had available to spend elsewhere, though the luxury tax is a concern.

Did the Lakers want Nunn to opt in or out?

Of course, the Lakers might see a player who contributed nothing all year and value him even lower. But perhaps they still view him as on a positive-value contract. Last season was a sunk cost. The 26-year-old didn’t suddenly lose all his talent going forward.

If nothing else, Nunn’s expiring contract could be useful in a trade. Nunn and Talen Horton-Tucker are the only Lakers with middling salaries – earning less than maxed-out LeBron James, Anthony Davis and Russell Westbrook and more than the minimum.

What advice is Nunn getting?

After signing with Los Angeles, Nunn hired Rich Paul. The agent – who represents LeBron and…

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