Lakers’ Dennis Schroder wants $100-120 million contract in free agency
The Los Angeles Lakers have a variety of free agents to deal with when free agency opens on Aug. 2.
One of them is guard Dennis Schroder, who the Lakers traded for at the beginning of the season for Danny Green and a 2020 first-round draft pick.
Schroder had only one year left on his four-year, $70 million deal he originally signed when he played for the Atlanta Hawks.
It was a gamble for the Lakers at the time since Schroder’s future wasn’t determined. Since he reportedly declined a four-year, $84 million extension with L.A. earlier in the season, he’ll be an unrestricted free agent this summer.
However, according to Armin Andres, vice president of the German Basketball Federation, explained the amount Schroder desires on the Abteilung Basketball podcast, via Talkbasket.net:
“Dennis Schroeder has communicated this clearly: he wants $100, $120 million—which he will probably also get—and this sum insured cannot be insured on the normal market at the moment.”
It’s unclear what Schroder’s exact market value actually is, but, hypothetically, if he signs a $100 million deal for four years, he’d earn $25 million a year. Comparing that to current point guards earning more than $20 million a year, the figure Schroder ideally wants, he’d make more than Malcolm Brogdon of the Indiana Pacers and Fred VanVleet of the Toronto Raptors.
Jamal Murray of the Denver Nuggets is currently making north of $27 million, while other notable point guards such as Kyle Lowry, Ben Simmons and Damian Lillard made about $30-to-31 million this season to give more context on players in that dollar range.
It’s large value for Schroder, who has shown the potential to be a solid third option for L.A., but his performance in the playoffs, when games really matter, left much to be desired.
Los Angeles also has to keep in mind that Alex Caruso and Talen Horton-Tucker are pending free agents, so a decision on retaining those players must be made, too.
Only time will tell how much Schroder ends up with, but this development makes free agency even more intriguing.
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