The negotiation between the Los Angeles Lakers and Dennis Schröder hit an impasse as both sides were reportedly far away in the contract talks.
According to Brian Windhorst, Schröder turned down a four-year, $84M extension from the Lakers. The veteran guard is going to be an unrestricted free agent after the end of the season.
“The maximum he can sign for is 4 years and $84 million if he totally maxes out what he’s able to do on an extension…what I’ve been told, and this rumor is pretty widely out there so I doubt this is very surprising, is that the Lakers did indeed offer him that $84 million over 4 years.
Now, this is where we get into a gray area – was it guaranteed, was it partially guaranteed, were there incentives, I don’t know – but I believe he was offered a contract in that realm and he said “no” to it.”
The former runner-up for the Sixth Man of the Year award has expressed his willingness to stay in LA and re-sign with the Lakers.
Both sides could continue negotiating, however, Schröder reportedly wants more than $20M in his next contract. The veteran guard averages 15.4 points, 4.9 assists, and 3.5 rebounds per game this season.