Lakers waive Dalton Knecht, face $4.2M financial hit

Yahoo Sports • 1 min read • Latest: Oct 20, 2026, 6:35 AM

Last updated Oct 20, 2026

Lakers waive Dalton Knecht, face $4.2M financial hit
Summary

The Los Angeles Lakers have waived Dalton Knecht, who was expected to be released ahead of the regular season beginning Wednesday against the Golden State Warriors. This decision stems from a previous mistake made last October when the team picked up his $4.2 million option, hoping to trade him but eventually finding no takers. Head coach JJ Redick noted that changes in team dynamics and acquisitions influenced Knecht's diminished role. The Lakers now face financial consequences as they will be responsible for his contract unless claimed on waivers.

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Status Watch
  • •Lakers waived Dalton Knecht on October 20, 2026.
  • •Team picked up Knecht's $4.2 million option last October.
  • •Knecht struggled to fit with the team following roster changes.
  • •Lakers expected to open the season against the Warriors on Wednesday.
Latest Updates
  • 6:35 AMYahoo Sports — Lakers face brutal $4.2M hit after Dalton Knecht mistake made one year ago comes to light
What they're saying
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The Los Angeles Lakers waived Dalton Knecht on Monday. However, they made a mistake a year ago that will cost them.

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