While the Lakers have not been active in signing any outside free agents, they have made a decision to turn one of their own players loose onto the open market.
Lakers announce they have waived Tarik Black.
— Bill Oram (@billoram) July 1, 2017
Black was scheduled to make $6.7 million next season, but the entire amount was non-guaranteed if he was waived before July 4th. This amount now drops off the Lakers’ cap, leaving them with roughly $18.7 million in cap space now.