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Dirk Nowitzki
To acquire Jeremy Lin, Lakers may need to renounce rights to Pau Gasol
To acquire Jeremy Lin, Lakers may need to renounce rights to Pau Gasol

The Lakers have an agreement to acquire Jeremy Lin and a 2016 first-round pick from the Houston Rockets, using cap space to acquire Lin's salary. To bring in Lin, the Lakers will need to go under the salary cap for the first time since 1996. To do so, the franchise will likely need to renounce the rights to Pau Gasol, prior to completing the trade with Houston. The Lakers have Gasol's "Bird Rights," which enables the team to go over the salary cap to re-sign him -- but not without a cost. Even unsigned, Gasol takes up $20.6 million of the Lakers' space. To clear the necessary $8.4 million in cap to get Lin, the Lakers will assuredly need to renounce...

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