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Lakers to sign Earl Clark, likely waive Xavier Henry

The Lakers are involved in discussions to reunite with one of their former players but haven't officially signed Earl Clark.

One person familiar with the situation said the team had agreed to terms with Clark for the rest of the season, but another person cautioned that a deal had not been completed.

The Lakers are at the NBA-maximum 15 players and would have two options to sign Clark. They could waive a player such as Xavier Henry, who would still get his $1.1 million this season. However, someone close to the situation said that would be "too cold" for the Lakers to do the same week Henry had surgery to repair a torn Achilles' tendon.

The Lakers could also wait for the NBA to grant a hardship waiver, which would temporarily allow them to increase their roster size to 16 players.

The hardship waiver isn't expected to be granted until this weekend or next week. It stipulates that a team must have four players sidelined at the same time with substantial injuries.

Henry, Steve Nash and...

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Lakers run out of momentum in 99-93 loss to Grizzlies

Memphis Grizzlies 99, Lakers 93 (final)

For the second time this season, the Lakers competed through a tight game against the Grizzlies -- falling at Staples Center by six points.

Earlier this month, the Lakers gave one of the NBA's best teams a scare, only to lose by five points.

On Wednesday night, Marc Gasol led the Grizzlies' charge, notching a double-double with 19 points and 11 rebounds. Mike Conley also scored 19 with seven assists.

The Lakers' early lead was built up without much scoring from Kobe Bryant, led by a strong first half from Jeremy Lin.

After 13 in the first, Lin scored just one point in the second half, finishing with 14 points and five assists. Bryant scored 22 after just eight in the first two quarters, but the Lakers' All-Star wasn't able to hit crucial shots late in the game.

The Lakers hit 40.7% from the field as a team and 42.1% from three-point range (8-19).  The Grizzlies converted 45.0% and 22.7% (5 of 22), respectively. Memphis had two more turnovers...

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Long(shot) list of players fits within Steve Nash disabled exception

The Lakers were granted a $4.85 million disabled-player exception on Tuesday for injured point guard Steve Nash.

What that means for a future Lakers' acquisition isn't as straightforward. The exception is a spending tool that can be used to add one player via free agency or a waiver claim. The team can pay that player no more than $4.85 million. It can also use the exception to trade for one player making up to $4.95 million.

Free agents who might be worth close to $5 million include shooter Ray Allen and center Emeka Okafor, but are those players more likely to choose to join the 3-11 Lakers or a contending team? The answer seems clear to be the latter.

Teams generally need to send out a player or players to match salary to acquire a player via trade; the exception enables the Lakers to get around that complication.

If a player is on a one- or two-year contract at a minimum salary, he is eligible to be traded without any salary matching.  A disabled-player exception is unnecessary in...

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Preview: Lakers vs. Memphis Grizzlies

The Lakers (3-11) have lost two straight after their first winning streak of the season (just a pair of victories).

On Wednesday at Staples Center they'll host the Memphis Grizzlies (12-2), tied with the Toronto Raptors for the best record in the NBA.

In a close battle on Nov. 11, the Lakers lost to the Grizzlies by just five points in Memphis, 107-102.

That was prior to the return of the Lakers' Nick Young (thumb) and Wayne Ellington (personal matter). Kobe Bryant led all scorers with 28 points. Carlos Boozer added 20 points and eight rebounds, while Jordan Hill notched a double-double with 13 points and 14 rebounds.

The Grizzlies were led by Mike Conley's 23 points. Marc Gasol neared a triple-double with eight points, nine assists and eight rebounds. Beno Udrih was a problem off the bench, scoring 16 points in 18 minutes.

Boozer (strained left shoulder) and Ed Davis (right ankle sprain) are expected to play. The Lakers will be without Xavier Henry (Achilles'), Ryan Kelly (hamstring),...

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Lakers awarded $4.85-million disabled player exception for Steve Nash

The NBA on Tuesday awarded the Lakers a $4.85-million disabled player exception for injured point guard Steve Nash.

The Lakers gain a spending tool that can be used to add one player via free agency or a waiver claim, whom they can pay no more than $4.85 million.  Or they can use it instead to trade for one player making up to $4.95 million.

Nash was declared out for the season before opening night because of  chronic nerve issues in his back.  Soon after, the Lakers applied or the exception, but the NBA needed time to examine Nash's medical records and confirm the team's prognosis.

If the Lakers manage to trade Nash’s expiring contract, the exception would expire. If the Lakers acquire a player with the exception first, they would then be able to deal Nash without consequence.

Earlier in the season, the Lakers were granted a $1.5-million disabled player exception for injured rookie power forward Julius Randle, who suffered a broken right leg in the season opener and is out for the...

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Kobe Bryant empathizes with Xavier Henry over Achilles' tendon tear

Xavier Henry's Achilles' tendon injury in the Lakers' practice on Monday brought Kobe Bryant right back to his own 2013 injury.

"It was just like mine, same thing," said Bryant. "[He] just tried to take off, drive to the basket and it just popped."

Bryant ruptured the Achilles' tendon in his left leg near the end of the 2012-13 regular season. He returned briefly last season, but suffered a knee injury that limited him to just six games for the year.

Henry suffered a similar injury, to the same leg. He underwent surgery Tuesday at the Kerlan-Jobe Orthopaedic Clinic, operated on by Dr. Neal ElAttrache and Dr. Steven Lombardo.

An Achilles' tear is one of the most difficult injuries to recover from.

"Having just gone through it, I completely understand. He's really frustrated," said Bryant of Henry. "I tried to tell him ... you'll bounce back just fine. You've got to find the positives and you've got to try to find the silver lining."

The 6-foot-6 swingman will miss the remainder of the...

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