The Lakers will have just $23.6 million in cap space if the trade is executed on July 6th, but $32.5 million if executed in August.
With all that going on, free agency rumors, trade demands and agreed-upon-trades are also starting to hit the newswire, with Mike Conley to the Utah Jazz leading the charge on Wednesday with the seismic Anthony Davis trade now a few days old. If the trade officially occurs as soon as possible on July 6 - what the Pelicans prefer - only the draft rights will be traded, and New Orleans will negotiate a rookie contract with the player commensurate to rookie salary scales.
It's not necessarily too late for the Lakers to use max cap space and get Davis.
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If not, the Lakers can still get the trade done after signing free agents, but some combination of Alex Caruso (via sign and trade), Jemerrio Jones (non-guaranteed contract), Bonga and/or Wagner would need to be included.
July 30 is the second-earliest date a trade can occur because newly-drafted players can sign their rookie deals on July 1.
Trading those players plus getting Davis to waive his trade bonus would create enough room for a third max contract player.
The number one argument against this move is that both LeBron and AD were injured last season, and Davis has been prone to injury throughout his career. The Lakers are out here trying to make some serious moves, and the league will go insane if they get it done. Plus, he has the added benefit of having already played with James for one season. With that kind of money they could easily sign another star player to help LeBron James. When LBJ's play inevitably starts declining or he abruptly retires, there will be a line of star players waiting to take his place as co-captain of the most glamorous franchise in the National Basketball Association alongside the Brow.