Dennis Schroder Regretting His $84 Million Mistake With the Lakers

The Los Angeles Lakers have been quite active this offseason, rebuilding the roster around LeBron James and Anthony Davis. The Lakers have constructed a team full of proven veteran talent eyeing NBA title contention. However, it has also left Dennis Schroder out on the open market, likely holding an $84 million regret.

Lakers overhaul the roster around LeBron James and Anthony Davis

After the Lakers‘ early playoff exit, the team didn’t waste time in free agency reconstructing the roster around its star power.

During this year’s draft, the front office quickly acquired star point guard Russell Westbrook in a blockbuster trade. The Lakers followed it up in free agency by making several moves by adding several proven players on veteran’s minimum deals.

Los Angeles agreed to contracts with Carmelo Anthony, Trevor Ariza, Malik Monk, Wayne Ellington, Dwight Howard, and Kent Bazemore. Meanwhile, the front office used its $5.9 million mid-level exception to land Kendrick Nunn to further solidify the supporting cast around its newly formed Big 3.

All that has notably left Schroder out of the picture in Los Angeles and likely regretting his $84 million mistake.

Dennis Schroder regretting his $84 million mistake with the Lakers

After the Lakers’ slew of roster moves over the first few days of free agency, it leaves Schroder floating around without a new contract.

The 27-year-old has yet to draw significant interest from another team, leaving him waiting to find his next deal. According to Marc Stein of The New York Times, the Dallas Mavericks are the latest organization to show no interest in signing the veteran point guard.

“The Mavs have zero interest in Schroder. It’s staggering that he turned down the 84M offer from the Lakers. This is tough to watch, there’s been so little Schroder discussion. Tough stuff, tough to watch.”

Before the start of free agency, rumors emerged regarding Schroder receiving interest from the New York Knicks and Toronto Raptors. However, those teams quickly moved in other directions, eliminating the possibility of inking him to a deal.

The Knicks are expected to sign four-time All-Star Kemba Walker once the Oklahoma City Thunder buys him out. Meanwhile, the Raptors executed a sign-and-trade involving Kyle Lowry with the Miami Heat. Since then, Toronto hasn’t expressed any interest in signing Schroder.

All that leaves him on an increasingly diminishing open market with more money becoming tied up to other players. More importantly, it further underlines his mistake of turning down the four-year, $84 million extension offer from the Lakers during this past season.

Schroder believed taking a chance on himself would be the right route, but instead, it put him in the spot of scrapping for interest around the league. He might now have to take a one-year deal at a decreased figure to re-enter free agency next offseason or help the Lakers through a sign-and-trade scenario.

In other words, Schroder is paying dearly for his decision not to take the lucrative extension he had right in front of him.

Dennis Schroder’s NBA future remains murky


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At this point, it’s hard to determine what scenarios remain on the table for Schroder.

The 27-year-old desires a lucrative long-term deal, but the diminished market may have erased any possibility he receives that. Schroder is an above-average talent, but his porous showing down the tail end of last season only hurt his market value.

It also doesn’t help that the Lakers quickly brushed him aside before free agency began by acquiring Westbrook. The only route left to a massive deal could be through a sign-and-trade with the Lakers. However, the organization is experiencing difficulty finding a team willing to sign him to a sizable contract.

The Sacramento Kings have no interest in adding Schroder despite Los Angeles’ strong desire to acquire sharpshooter Buddy Hield. He now sits as one of the top remaining talents available in free agency, leading him to wait until teams sort out their roster situations.

Nonetheless, the optics certainly place Schroder in a tough spot missing out on a surefire deal with Los Angeles.

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