The Lakers still want Lamar Odom back, but he has to come down from his $10-million-a-year demand, because the Lakers are already about $10 million deep in luxury tax penalties . . . with only 11 players on their roster.
In other words, if they sign Odom for $10 million next season, they'll be paying another $10 million in taxes because of the dollar-for-dollar penalty levied against teams over the tax threshold. That would be close to a $20-million tax bill. Ouch.
The compromise: Odom signs a one-year deal with the Lakers for about $7.5 million and can test free agency again next season, when more teams will have money to spend in anticipation of Dwyane Wade, Chris Bosh and James becoming free agents