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Lakers to save over $500,000 in luxury tax payments thanks to LeBron James’ one-game suspension

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The Los Angeles Lakers would obviously prefer to have LeBron James on the floor on Tuesday when they travel to Madison Square Garden to take on the New York Knicks, but his suspension takes matters out of their hands. James will miss that game after hitting Detroit Pistons center Isaiah Stewart in the face on Sunday, and while his suspension will put the Lakers at a disadvantage, there is one silver lining for them. His absence will save the Lakers a fairly significant chunk of change. 

The suspension itself will cost James $284,004, according to ESPN’s Bobby Marks. That alone is fairly significant, but it gets better for Los Angeles. They will be awarded a luxury tax credit of $142,002, half of that money, which ultimately projects to save them $532,508 in total. Why so much? Because the luxury tax is not dollar-for-dollar. The tax goes up the deeper a team delves into it, and the Lakers, with a payroll of nearly $157 million, are far above the line. That means that savings of any kind are amplified. 

Lakers fans obviously don’t care if the Buss family saves money, but such savings are meaningful considering how the Lakers built their roster. This is a team with 10 players making minimum salaries. They chose not to re-sign Alex Caruso at a discount largely because of the luxury tax costs. This is not a team that is willing to spend recklessly. Savings matter to this front office. 

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They might even come in handy at the trade deadline or on the buyout market when adding talent would certainly carry an enormous financial cost, though, for the time being, there is little evidence suggesting that the Lakers plan to be aggressive in upgrading their roster. Ultimately, this suspension is unlikely to have a meaningful on-court impact for the Lakers beyond the Knicks game, but the luxury tax has been a thorn in their side this season, and saving a bit of money against it can’t hurt. 

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Gary Sanchez is a two-time All-Star with all-world power. Where will he sign?

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Former Yankees star Gary Sanchez is the best catcher still on the open market. Here’s a look at the 30 depth charts across MLB to figure out where he might land.



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Rangers Welcome Back A Franchise Legend

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The Texas Rangers are welcoming back a franchise legend in former second baseman Ian Kinsler.

Th 40-year-old and Rangers Hall-of-Famer is joining the team’s front office as a special assistant to General Manager Chris Young.

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Kinsler was drafted by the Rangers in 2003 out of the University of Missouri and made his debut in 2006.

He helped lead the Rangers to the World Series in 2010 and 2011 before ultimately being traded to the Detroit Tigers.

Kinsler was with the Rangers until 2014, spending eight seasons with the team as a player.

On Twitter, the Rangers welcomed back their franchise legend, announcing his new role with the team.

During his eight years in Texas, Kinsler hit for a .273 batting average and hit a total of 156 home runs.

He also drove in 539 runs and had an OPS of .804.

Kinsler and the Rangers came to within one strike of winning the World Series in 2011 before the St. Louis Cardinals battled back to force Game 7 and ultimately defeat them, but he was a key piece of the puzzle and helped turn the Rangers into a contender.

He also spent time with the Los Angeles Angels, Boston Red Sox, and San Diego Padres, winning his only World Series ring in 2018 with Boston.

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But he’s best known for his contributions in Texas.

Kinsler was selected to four All-Star teams and won two Gold Glove Awards during his 14-year career.

Now, he’ll officially rejoin the Rangers in a new position as the team looks to build off of a strong offseason and bounce back into contention.

The post Rangers Welcome Back A Franchise Legend appeared first on The Cold Wire.





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NFL Fan Makes Case For A Calvin Ridley Breakout Campaign

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Calvin Ridley is an interesting case study.

Ridley was suspended for the entirety of the 2022 NFL season, given that he had gambled on a few games in the past while he was injured.

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However, Ridley has been since traded to the Jacksonville Jaguars, which has been met with mixed opinions across the league.

One fan, in particular, believes in Ridley for the 2023 NFL campaign, citing several examples to support his hypothesis.

Ridley hasn’t played in the NFL for over a year.

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Although Deshaun Watson was suspended for a different reason, his situation is similar to Ridley’s, considering he had a long hiatus from the league.

As seen in the case of Watson, he wasn’t quite able to knock off the rust in the six games he started this season and will look to improve mightily in 2023.

Ridley has been injured and hasn’t been able to practice in an NFL training facility because of his suspension.

What will Ridley look like in the Jaguars offense next season?

Trevor Lawrence took a massive step forward in 2022, leading the Jaguars to his first-ever playoff victory.

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If Ridley is fully healthy, he might be a great addition to this Jaguars team, giving them another veteran presence at the wide receiver position.

The Jaguars already have Christian Kirk and Zay Jones under contract, and both are great young receivers.

However, someone like Ridley could make an immediate impact, as he could take over as the number one overall receiver, taking a bit of pressure off the plates of Kirk and Jones.

The post NFL Fan Makes Case For A Calvin Ridley Breakout Campaign appeared first on The Cold Wire.





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