In the wake of the Howard trade, much as been made of the massive luxury-tax bill the Lakers are facing next season if they're able to re-sign the big man. ESPN.com salary cap expert Larry Coon has estimated the Lakers could be on the hook for as much as $85 million just in taxes in 2013-14.
But look a little further, to that 2014-15 season, and you'll see something else: The Lakers' projected payroll is almost completely clear. Only Nash is signed for that season, at $9.7 million, though the Lakers will also be paying about $20 million to Howard if they can re-sign him this coming summer.
In July 2013, Bryant's $30.4 million, Pau Gasol's $19.2 million, Metta World Peace's $7.7 million, Steve Blake's $4 million and Jordan Hill's $3.5 million will come off the books. There likely won't even be any first-round draft picks filling up the cap, either, as the Lakers have already traded their 2013 first-round pick to Phoenix in the Nash deal.
Opposing teams that are making their own long-range free agency plans think they see the Lakers' plan coming into focus. As it stands, L.A. will have enough cap space to add a superstar like James.