Lakers prepare to send cash to Knicks under salary cap limit

The Los Angeles Lakers are set to distribute $4.7 million to the New York Knicks as part of their cash limit for the current 2025-26 salary cap year. This transaction follows a recent trade involving both teams. The Lakers’ cash limit, which is being utilized, will reset to $8.5 million on July 1. Details regarding the implications of this cash transaction and its impact on future moves are still forthcoming.

• 11:38 PMYahoo Sports — Cash being sent is from Lakers is from their cash …