Lakers’ Dennis Schroder Seeking Massive Payday In Free Agency

Lakers free agent point guard Dennis Schroder is seeking a $100-$120 million deal for his next contract, according to German Basketball Federation vice president Armin Andres, via Schroder

Andres indicated the reason Schroder is not playing for the German National Team in the Olympic qualifying tournament this summer is because he doesn’t want to risk injury in search of a large NBA contract. Schroder reportedly turned down a four-year, $84 million extension offer from the Lakers this past offseason.

“Dennis Schroeder has communicated this clearly: he wants 100, 120 million – which he will probably also get – and this sum insured cannot be insured on the normal market at the moment,” Andres said on Abteilung Basketball podcast as reported by Manuel Baraniak.

Schroder, 27, averaged 15.4 points and 4.8 assists in 61 games this past season.

“From what I understand, they’ve had contract talks and they couldn’t agree to an extension,” ESPN’s Brian Windhorst said on The Hoop Collective podcast. “Now, the most that Schroder could extend for under his current contract, because when you extend a contract, you’re under some limit on how much you can get a raise.

“The maximum he can sign for is four years and $84 million if he totally maxes out what he’s able to do on an extension. That is very close to the contract Fred VanVleet signed with the Toronto Raptors last offseason.”

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