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Lakers Rumors: Jared Dudley may have insight to NBA’s return and more

By Ronald Agers

ORLANDO, FL - DECEMBER 11: Jared Dudley #10 of the Los Angeles Lakers warms up before the game against the Orlando Magic at the Amway Center on December 11, 2019 in Orlando, Florida. The Lakers defeated the Magic 96 to 87. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Don Juan Moore/Getty Images)
ORLANDO, FL - DECEMBER 11: Jared Dudley #10 of the Los Angeles Lakers warms up before the game against the Orlando Magic at the Amway Center on December 11, 2019 in Orlando, Florida. The Lakers defeated the Magic 96 to 87. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Don Juan Moore/Getty Images) /
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Lakers rumors
(Photo by Chris Elise/NBAE via Getty Images) – Lakers Rumors /

Lakers rumors: Senior level staff asked to take a pay cut. This is nothing like some other franchises

According to Shams Charania, the Los Angeles Lakers are planning to ask some of their senior-level staff to take a voluntary 20% pay cut.

To be clear here, the people involved here are NOT Staples Center hourly waged employees, who are being taken care of through a fund set up by the Lakers, the Los Angeles Clippers and Los Angeles Kings. If anyone thought the Lakers were the only ones watching their pennies, they would be wrong.

Last month, the Philadelphia 76ers tried to set a mandate for members of their front office and coaching staff to take up to a 20% pay cut if they made over $50,000. But that got backtracked when the social media police started posting the personal wealth of the team’s controlling owner, Josh Harris for the world to see. Soon after, the 76ers changed course and are currently paying their employees in full.

With Adrian Wojnarowski of ESPN reporting last month that the top 100-earning executives in the NBA league office had their salaries reduced by 20%.

Then there’s Tilman Fertitta.

Tilman Fertitta according to Bloomberg, is reportedly willing to pay a whopping 15% interest to any lender on a $250 million “lifeline” loan. If the deal goes through, Fertitta, worth more than $4 billion, has put $50 million of his own money into his restaurant company in an effort to keep the restaurants he owns along with his Las Vegas casinos. So you ask?

He is the sole owner of the Houston Rockets. So you thought micro ball was about on the court strategy? No. It was about that $94 million contract of Clint Capela that was offloaded in a trade. The Rockets had no choice. He had lost a ton of money with the China issues. Think about how bad things are now.

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