Re-signing Anthony Davis will be their upmost priority, although he will likely do a short-term deal. Look for the Lakers to run the team back as they keep the keg dry for 2021 free agency. Unless they make a significant trade, their biggest additions will come from the 29th overall pick and whoever they sign with the mid-level exception.
Key: Not Guaranteed / Team Option / Player Option / Cap Hold / Dead Money
2020/21 season
| LeBron James | $39,219,566 |
| Dennis Schroeder | $15,500,000 |
| Kyle Kuzma | $3,562,178 |
| Talen Horton-Tucker | $1,517,981 |
| Alex Caruso | $2,750,000 |
| Quinn Cook | $1,762,796 |
| Davontae Cacok | $0 |
| Anthony Davis | $28,751,775 |
| Kentavious Caldwell-Pope | $8,493,746 |
| Avery Bradley | $5,005,350 |
| JaVale McGee | $4,200,000 |
| Rajon Rondo | $2,692,991 |
| Kostas Antetokounmpo | $1,707,576 |
| Dion Waiters | $1,737,274 |
| Jared Dudley | $1,737,274 |
| Dwight Howard | $1,731,372 |
| Luol Deng | $5,000,000 |
| ROSTER SPACE | $4,491,550 |
| CAP SPACE | $25,162,003 |
| CAP SPACE WITHOUT HOLDS | $32,075,499 |
| TAX SITUATION | -$54,871,925 |
2021/22 season
| LeBron James | $41,002,274 |
| Kyle Kuzma | $8,905,445 |
| Devontae Cacok | $1,922,821 |
| Talen Horton-Tucker | $1,782,621 |
| Anthony Davis | $36,300,000 |
| Dennis Schroeder | $23,250,000 |
| Kentavious Caldwell-Pope | $16,138,117 |
| Avery Bradley | $6,506,955 |
| JaVale McGee | $5,460,000 |
| Alex Caruso | $5,225,000 |
| Quinn Cook | $3,900,000 |
| Rajon Rondo | $1,833,497 |
| Luol Deng | $5,000,000 |
| FIRST-ROUND PICKS | $2,009,118 |
| ROSTER SPACE | $12 |
| CAP SPACE | $25,217,670 |
| CAP SPACE WITHOUT HOLDS | $138,451,244 |
| TAX SITUATION | -$131,605,810 |
2022/23 season
| LeBron James | $43,050,000 |
| FIRST-ROUND PICKS | $2,069,392 |
| ROSTER SPACE | $10,483,187 |
| CAP SPACE | $60,184,047 |
| CAP SPACE WITHOUT HOLDS | $105,303,439 |
| TAX SITUATION | -$140,703,984 |
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