Steve Blake

The deal sending Steve Blake to the Golden State Warriors was the Lakers' first trade since acquiring Dwight Howard in 2012. (Robert Gauthier / Los Angeles Times / October 22, 2013)

The NBA trade deadline came and went on Thursday. The Lakers made a little splash on Wednesday night, trading point guard Steve Blake to the Golden State Warriors for young guards Kent Bazemore and MarShon Brooks.

"As a person, as a player, we loved him," said Mitch Kupchak of Blake in a press conference on Thursday.  "But our shortage of point guards about a month or so ago led us to Kendall Marshall." 

The Lakers started the season with three point guards but when they all went down simultaneously with injury, Kupchak signed Marshall. Once the point guard corps started rounding into shape, the glut at the position became problematic.

"It really got to the point where we needed to free up some time in the backcourt to look at Jordan [Farmar], and give Kendall the time that he's earned."

"We got back two young players who are developing," said Kupchak of Bazemore and Brooks.

With 15 players and an 18-36 record, the Lakers have $77,089,936 in salaries on the roster.

The Lakers are over the NBA's $71.7 million luxury tax threshold by about $5.8 million including incentives for Jodie Meeks, Jordan Hill and other odds and ends. The result is an approximately $8.9-million punitive tax.

The team is still paying $7.7 million to Metta World Peace, who is currently on the New York Knicks after the Lakers waived him with their one-time amnesty over the summer.

Including tax and amnesty, the Lakers will pay out about $93.8 million for a team tied with the Sacramento Kings for the worst record in the Western Conference.

The Lakers saved roughly $4 million in salary and luxury tax by moving Blake's $4 million contract to Golden State.

"With this organization, that kind of relief is not really a big number," said Kupchak. "The financial aspect of what we do ... is not taken into consideration."

While the Lakers shopped players like Pau Gasol, Chris Kaman and Jordan Hill, ultimately none was moved. Why didn't the franchise make a greater effort to get out of the luxury tax?

"The organization is not motivated by saving 'X' amount of dollars," Kupchak said. "We were more concerned with making a basketball deal."

"I think the expression would be a 'salary dump.' That's not what this organization will do. If we could get picks or players that we felt good about going forward, then we would have done that. But we had opportunities to go below the threshold and we wouldn't do it."

The Lakers were open to money-saving deals but not without getting something more in return.

"If you can make a basketball deal or two basketball deals, which means you're getting back a player you like or a [draft] pick, and go below the tax threshold, that's something we would have liked to have done," said Kupchak.  "We did have an opportunity to go below the tax threshold, but there were no basketball components and that's unacceptable with this organization."

The Lakers aren't especially concerned with the league's repeater tax, an additional dollar-for-dollar penalty levied if a team is in the tax for a certain number of years.

"At some point you have to get underneath [the tax threshold]," said Kupchak. "But the repeater tax, I don't think going forward could be a big issue for us for the next year or two."

The Lakers anticipate going under the salary cap itself (projected by the NBA to be $62.9 million for next season) this summer. Kupchak indicated the team will also consider staying under the cap the following summer.

If so, the Lakers would avoid the repeater tax for a total of five years.