4. Two years $68 million
This deal provides a huge benefit granted one other thing does not fall into place. That is Giannis Antetokounmpo signing his deal with the Milwaukee Bucks that he is eligible for. We have detailed here on Lake Show Life why we believe Giannis to the Lakers in 2021 is a possibility.
This deal would run as a 1+1, which would give Davis a year two-player option. That he would be able to opt-out of and allow the Lakers to chase Giannis. The Lakers also have a team option on Harrell, so their books are pretty cleared.
The only players with a guaranteed salary in 2021 are Kentavious Caldwell-Pope and Marc Gasol, as LeBron and Harrell both have player options. So the possibility of open books makes chasing Giannis a possible situation playing out.
Davis would be eligible for rejecting any trade that may happen. No trade will happen, but any 1+1 player has the ability to block a trade with a no-trade clause. Lakers have long-term plans with Davis, so this shouldn’t be any issue in discussing an extension.
This deal allows the opportunity at pairing AD with another star. That way it’s still a big-time duo when LeBron retires. But you’re also gambling on health holding up, one freak injury could leave him out of a lot of money. This is why there is no rush on this extension decision for him.