The deadline for the
The 40-year-old point guard is heading into his third year with the team, earning $9.7 million for the 2014-15 season.
Had the Lakers waived Nash prior to September, they would have been able to stretch his salary over the next three years at around $3.2 million annually.
Nash was acquired by the Lakers in a sign-and-trade with the
While Nash is currently healthy, it remains to be seen if he'll be able to play through the final year of his contract. The Lakers acquired point guard
The Lakers went under the
The team considered increasing its spending power by stretching Nash's salary, but when its top free-agent targets (LeBron James,
The Lakers are now over the cap with $67.9 million guaranteed to 13 players.