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Lakers Remain Interested in Jonathan Kuminga as Sign-and-Trade Talks With Hawks Stall Amid Money Gap

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Kevin Durant

The Los Angeles Lakers remain interested in acquiring forward Jonathan Kuminga through a sign-and-trade with the Atlanta Hawks, but negotiations have stalled for weeks as the two sides and the free agent himself continue to work through disagreements over contract length and money, according to a report Friday from ESPN’s Anthony Slater.

Kuminga became an unrestricted free agent this offseason after the Hawks declined his $24.3 million team option for the 2026-27 season. Nearly a month into free agency, he remains unsigned, with the Lakers and Cleveland Cavaliers among the teams that have shown consistent interest, while a potential deal with Los Angeles has failed to come together despite ongoing conversations between all parties.

Where Talks Currently Stand

Slater wrote that the Lakers met with Kuminga during the earliest hours of free agency, pitching him on a high-minutes role for a high-profile fringe playoff contender in need of athletic help along the wing. According to Slater’s reporting, “The opportunity appealed to Kuminga, but the sign-and-trade contract offer (years, money, package going back to Atlanta) didn’t satisfy all sides. The Lakers remain interested in him, league sources said, but movement toward a deal has remained stalled for weeks.”

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That stall has continued despite steady contact between the two sides. NBA insider Keith Smith reported that the Hawks are essentially ready to complete a deal centered around forward Jarred Vanderbilt and outgoing draft capital heading back to Atlanta, but that the primary obstacle remains on Kuminga’s side of the negotiation. “It sounds like it’s on Kuminga’s side, where he wants a little bit more money,” Smith said.

The Core Disagreement: Length Versus Money

At the heart of the standoff is a structural NBA rule that a sign-and-trade contract must run for a minimum of three years. According to Smith’s reporting, Kuminga is willing to accept a longer-term deal, and separately willing to accept less money than his initial asking price, but has been unwilling to accept both conditions at once, a combination that has left Los Angeles unable to structure an offer that satisfies him.

Reports on Kuminga’s specific salary target have varied somewhat. ClutchPoints’ Brett Siegel reported the Lakers had offered Kuminga a two-year contract worth $20 million, while Kuminga’s camp has been seeking an annual salary in the range of $14 million to $16 million through a sign-and-trade, unwilling to settle for anything below the league’s midlevel exception. Other reporting has placed Kuminga’s target closer to $20 million annually on a three-year sign-and-trade, a figure that has so far found no takers among interested teams, including the Lakers, who have shown no urgency to bid against themselves given Kuminga’s limited leverage as an unsigned free agent this deep into August.

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Financial Constraints on Both Sides

Complicating any potential deal further, the Hawks currently have 16 players on guaranteed contracts for next season and sit just $3.8 million under the luxury tax threshold, limiting Atlanta’s flexibility to absorb additional salary as part of any sign-and-trade structure. The Lakers, meanwhile, are hard-capped at the first tax apron as a result of an earlier sign-and-trade for center Walker Kessler, and currently sit approximately $8.1 million under that first apron threshold, a constraint that similarly limits how much financial flexibility Los Angeles has to offer in any deal for Kuminga.

A Familiar Pattern for Kuminga

Friday’s report adds to what has become a recurring storyline in Kuminga’s career, in which contract negotiations have repeatedly dragged into prolonged standoffs. According to Heavy Sports, this now marks the third time in Kuminga’s five-year NBA career that he has found himself in an extended contract dispute, following similar drawn-out negotiations tied to his rookie extension and his restricted free agency the previous summer, before this year’s situation with Atlanta and the broader open market.

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What a Move to Los Angeles Could Mean

Analysts who have examined a potential Lakers landing spot for Kuminga have pointed to a favorable on-court fit alongside the team’s current core. With Luka Doncic and Austin Reaves already handling much of Los Angeles’ offensive creation, Kuminga could be deployed more as a cutter, transition finisher and slasher rather than being asked to generate offense from a standstill, a role some evaluators believe would better suit his skill set than the more ball-dominant role he has often occupied earlier in his career. His size and athleticism have also been cited as addressing a specific need for the Lakers along the wing, particularly following the departure of LeBron James, who signed with the Philadelphia 76ers earlier this offseason.

Other Suitors Remain in the Picture

While the Lakers have remained the most consistently reported suitor in recent weeks, Kuminga has also been connected to other teams throughout the offseason, including the Sacramento Kings and Minnesota Timberwolves, with his original team, the Golden State Warriors, at one point remaining engaged in the process as well before he was later dealt to Atlanta. That web of competing interest has given Kuminga’s camp additional leverage to hold out for a deal closer to his preferred financial terms, even as the process has dragged well into August without resolution.

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With training camps approaching and Kuminga’s free agency now stretching into its fourth week, pressure is likely to mount on all sides to finalize a deal before the situation begins affecting preseason preparations. Whether the Lakers ultimately find a structure that satisfies both Atlanta’s asset requirements and Kuminga’s contract demands, or whether the 23-year-old forward instead lands with one of his other reported suitors, is expected to become clearer in the coming days as free agency activity typically accelerates heading into the final stretch before the regular season.

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Tenaz Energy Corp. (TNZ:CA) Q2 2026 Earnings Call Prepared Remarks Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Anthony Marino
President, CEO & Non-Independent Director

Hello. I’m Tony Marino, President and CEO of Tenaz. Thank you for joining our Q2 ’26 update. At the outset, I’d like you to note our advisories that we have at the beginning and the end of this presentation.

Let’s start with our operating and financial results. Production was up again in Q2, 6% higher than in Q1, reaching over 17,000 boe/d. And I will point out that our preliminary production that we have for July is approximately 23,000 boe/d. So continued organic growth in Tenaz as a result of the development activities that we and our operating partners are conducting on our assets, primarily in Netherlands.

Funds flow from operations, $74 million. That’s a 15% increase from Q1 on higher pricing and higher production. The better pricing, in particular, is reflected in our operating netback, which has reached over CAD 69 per BOE. That’s a 20% increase from Q1 ’26 operating netback. CapEx was significantly lower than in Q1. The total for the half year period is about $150 million. We had a heavier investment program in Q1 for a couple of different reasons.

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First of all, we had our Canadian program going, which is now completed. Secondly, we had more non-op activity in the non-GEMS assets in Netherlands. And another factor was that we were running our original Seafox barge doing some light workovers at the beginning of the year, and we didn’t have that going in Q2.

I would point out, and I think we mentioned it later in this presentation, but I’ll point out that we are bringing in the Triton-10 barge to do heavier workovers

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Vanquis Banking Group plc (FPLPF) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good afternoon, and welcome to the Vanquis Banking Group plc Half Year Results Investor Presentation. [Operator Instructions] Before we begin, I would like to submit the following poll.

And I would now like to hand you over to CEO, Ian McLaughlin. Good afternoon to you, sir.

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Ian Michael McLaughlin
CEO & Executive Director

Good Afternoon, Alex, and welcome, everybody. If we just go to our sort of intro slides, Look, I really appreciate you joining this afternoon. It’s a bit of a frustrating update from Vanquis. I’m sure it is for you, if you’re investors it certainly is for us as a management team. We are making really strong underlying progress. I’ll go through a little bit of that in a second because I think it’s important to talk about how we’re doing with what we committed to do.

But then probably the meat of today’s presentation is what has happened towards the end of the first half that has caused us to change our guidance, so I’ll take you through that. I’ll then hand over to Dave Watts, our CFO. You can see on the screen, I’ve got James Cranstoun, our Head of Investor Relations with me and Dave as well. And then we’ll go to your questions, which are always a bit where we get great value from, so look forward to that. Please do post your questions as we go.

So look, as I said, a bit of a frustrating first half for us, really good underlying progress, particularly on transformation, but two headwinds and one particular tailwind, and that’s what I want to unpack. So if we just

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Prio S.A. (PTRRY) Q2 2026 Earnings Call Transcript

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