NBA Rumor: Dennis Schroeder Free Agency

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Dennis Schroeder looking for nine-figure contract?

Dennis Schroder will test free agency as an unrestricted free agent after his four-year contract expires this summer. Earlier this season he turned down an $84 million offer from the Los Angeles Lakers. According to Armin Andres, Vice President of German Basketball Federation (DBB), the point guard is expecting to a deal in the range of $100-$120 million. Andres mentioned the fact as it is the reason why Schroder is not representing Germany this summer as the burden of insuring his future contract of that value is too big on DBB. “Dennis Schroeder has communicated this clearly: he wants 100, 120 million – which he will probably also get – and this sum insured cannot be insured on the normal market at the moment,” Andres said on Abteilung Basketball podcast as reported by Manuel Baraniak.

Chris Mannix: Yeah, I mean, I guess one question I would have about Dennis Schröder is, does Magic Johnson’s opinion matter at all within the Lakers at this point? I mean, Magic had those comments about Schröder where he said, “I don’t think he’s a Laker.” I mean, Magic has no power anymore. But does that influence anyone over there? Dan Woike: I mean, I think he’s so closely tied to having power and that organization is so sort of small in a way that. Yeah, I think that gets noticed for sure. I think it’s like, you know, present to Magic Johnson a list of alternatives and let’s discuss them. They’re going to pay $41 million to LeBron next year. $35 million to 80, 26 combined to KCP and Kyle Kuzma.

Magic Johnson on Dennis Schroeder: 'I don't think he's a Laker'

A day after the Phoenix Suns eliminated the Lakers from the playoffs, Johnson ripped the Lakers guard and pending free agent in an interview with L.A.’s AM 570. “Schroder — I don’t think he’s a Laker,” Johnson said. “That’s just my opinion. I don’t know if they’re gonna sign him back or not. I don’t think he brings the winning mentality and attitude that we need. “He had a chance to show that in this series. And to me, he failed in this series.”

“I think all of us can look at Dennis’ body of work, and he is an extreme competitor, and that’s on both sides of the ball,” Pelinka said. “He’s hounding guys, picking up players full court, diving for loose balls, bringing that energy on the defensive end, and of course he has that ability to score at the point guard position. We value those qualities in him. August is August and free agency is a couple months away. There’s a lot of different things we’ll have to evaluate there, but Dennis is an attractive player to us just because of what he brings to the table.”

Even if the Lakers wanted to run it back with the same group, their tax situation makes it virtually impossible. Schröder turned down a contract extension because he’s looking for a deal in excess of $20 million a year, according to reports (that may have been a blessing in disguise, actually; my BORD$ formula pegs his future value around $10 million). Caruso made only $2.5 million last year and is due for a major raise; one suspects he will have offers around the mid-level exception. Ditto for the 21-year-old Horton-Tucker, who is likely to draw offer sheets in the same range from teams who question whether the Lakers can stomach a large luxury tax hit for a developmental player.

Earlier in the week, Ian Begley of SNY reported that the New York Knicks have interest in going after Lakers point guard Dennis Schröder in unrestricted free agency this summer. However, it also sounds like he isn’t the only option they’re considering, and they may not be the team to give him the giant offer he’s reportedly seeking. Begley clarified during a recent appearance on SNY (emphasis mine): “As they (the Knicks) look ahead towards free agency, obviously the immediate focus is on this playoff push, but they’re also keeping an eye on the offseason. So Schröder is a guard that some of them like, and Lonzo Ball has some support within the organization, but I don’t think it’s uniform support on Lonzo, or probably Dennis either.

“The interesting thing here on Schröder is he’s already turned down, according to ESPN, an extension offer from the Lakers that was around four years and $84 million, so you would think that the Knicks are going to have to make a big offer, around $20 million a year to sign Schröder. I don’t think they would want to get into a bidding war for Schröder, I think they have several options that they will end up considering in the offseason, but Schröder is definitely on that list… He is certainly somebody that the Knicks are giving internal consideration to.”

New York will have enough cap space to make Schroder a competitive offer in free agency. The club is projected to have at least $50 million in cap space in the 2021 offseason. Point guard is a key position for the Knicks heading into the offseason — Elfrid Payton, Derrick Rose and Frank Ntilikina will all be free agents in 2021, so they will probably have at least one new lead guard in 2021-22. Between now and free agency in August, the Knicks will have to decide if Schroder is the right fit for a lineup that’s likely to heavily feature RJ Barrett and Julius Randle next season.

That’s viewed as a key factor considering there is mutual interest between he and the Lakers on either agreeing to a contract extension now or a new deal come free agency. “First off, yes, because of my teammates,” Schroder recently answered when asked if he envisioned being with the Lakers for the foreseeable future. “I said it before, even first day, it felt like we’d been together for a month or two. Chemistry is amazing. That’s the reason why I think I want to be here longterm. But like I said before, it’s got to be fair on both ends. If it’s fair, then I don’t have any problem. “It’s going to be great to be here long term, for sure.”

Dennis Schroeder is a point guard who likes to score and is right in the peak of his powers. The LA Clippers could use a player like that as they push for an NBA title. But don’t count on that happening, as the 27-year-old German told the MagentaSport podcast in a recent episode that he’s not interested in leaving the Oklahoma City Thunder. “Yes, I have received offers,” Schroeder said, “But I never wanted to go to the Lakers, the Clippers, or all the names that my agents have called.”
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