Lakers seek roster trades while Knicks manage luxury tax concerns

The Los Angeles Lakers are attempting to clear salary cap space ahead of training camp to fall beneath the $201 million luxury tax threshold. With 16 players currently on the roster, the team is exploring trades involving Jaden Hardy and Dalton Knecht to manage payroll. The New York Knicks are meanwhile negotiating with Karl-Anthony Towns regarding a potential contract extension. League executives are observing these negotiations as a test case for how teams under the second apron navigate salary constraints. Elsewhere, Detroit Pistons center Jalen Duren remains with the team despite earlier trade speculation, as no formal extension has been reached. Most players from the 2023 draft class have yet to sign extensions, with teams increasingly willing to wait for restricted free agency.

• 2:59 AMYahoo Sports — NBA Trade Rumors: Lakers’ Next Deals, Knicks Being Monitored & More