After signing Young, Kelly, Lakers have climbed over NBA's salary cap

After signing Young, Kelly, Lakers have climbed over NBA's salary cap
Lakers small forward Nick Young, who averaged a team-best 17.9 points per game last season, re-signed with the team for another four years. (Gina Ferazzi / Los Angeles Times)

In signing Nick Young and Ryan Kelly on Monday, the Lakers climbed over the NBA's $63.1-million salary cap.

Young is back on a four-year, $21.3-million contract with a player option on the final season.

Kelly received a two-year contract for $3.4 million. The Lakers can once again make him a restricted free agent in 2016.

The Lakers used $1.65 million of their $2.73 million "room exception" on Kelly, leaving $1.08 million still available to spend in free agency -- although that amount remaining is actually less than a minimum salary for a veteran with at least six years of experience.

The organization currently has $55.4 million in official salaries for eight players (Kobe Bryant, Steve Nash, Jeremy Lin, Carlos Boozer, Julius Randle, Robert Sacre, Young and Kelly).  The Lakers have also agreed to re-sign Jordan Hill to a two-year, $18-million contract (second season team option) along with forwards Ed Davis, Wesley Johnson and Xavier Henry, each at a minimum salary.

Even unsigned, Hill takes up $6.8 million in salary cap space.

Second-round pick (46th overall) Jordan Clarkson, who has yet to sign, will increase the roster to 13 players.  The Lakers can carry 15 players to the regular season, although a maximum of 20 can be taken to training camp.

While over the cap, the team can still sign players on minimum contracts.

Barring a trade, the Lakers are unlikely to hit $70 million in total salary, well below the NBA's punitive luxury tax line at $76.8 million.

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