Kyrie Irving free agency rumors: Nets star reportedly willing to sign mid-level deal with Lakers

Gilbert McGregor

Kyrie Irving free agency rumors: Nets star reportedly willing to sign mid-level deal with Lakers image

Kyrie Irving appears to have one foot out of the door in Brooklyn.

After rumors circulated about Irving's future with the Nets, Kristian Winfield of the New York Daily News reports that Irving has requested and received permission to seek sign-and-trade packages ahead of his impending free agency.

According to Winfield, "the belief among both league and player circles is that Irving is gone," marking the end of his time as teammates with Kevin Durant.

Where could Irving land? If not a sign-and-trade, Bleacher Report's Jake Fischer reports that Irving might be willing to sacrifice over $30 million to sign with the Lakers.

MORE: Kyrie Irving rumors tracker: What's next for Nets star?

Irving, who joined the Nets as a free agent in 2019, has a player option for the 2022-23 season. Should Irving opt out of the final year of his contract, he would become the top unrestricted free agent on the market this offseason. Signing for just $6 million would be a near-unprecedented move for a player of Irving's caliber.

According to most reports, Brooklyn's reluctance to offer Irving a long-term contract is what has caused a disconnect between both parties. Availability has been an issue for Irving, who missed a good portion of the 2021-22 season due to not being vaccinated for COVID-19.

When available, however, Irving's undeniable talent was put on full display. Over 29 regular-season games in 2021-22, Irving posted averages of 27.4 points, 5.8 assists and 4.4 rebounds on .469/.418/.915 shooting splits, including two 50-point performances.

MORE: Ranking the teams on Kyrie Irving's wishlist by best fit

Irving, who turned 30 in March, is still at the peak of his abilities, making him a desirable trade target for a number of franchises looking to win big in the near future.

On the night of the draft, ESPN's Adrian Wojnarowski listed the Lakers, Clippers, Knicks, Heat, Mavericks and 76ers as teams Irving would be interested in joining via sign-and-trade.

With the latest report sharing that Irving has received permission to seek a sign-and-trade, any of the above six teams can begin positioning themselves to make a run for the seven-time All-Star, though there appears to be very little interest.

While the Lakers are listed as a potential destination, they'll have their work cut out, as Winfield reports any deal involving Russell Westbrook is highly unlikely.

Conversely, Wojnarowski has reported that the Lakers are the only team actively pursuing a deal, making for quite the dynamic.

MORE: The 7 players most likely to be traded this offseason

Teams like the Clippers, Mavericks and Knicks can quickly clear up cap space to make a run for him. Simply put: Irving does not have to stay in Brooklyn if he doesn't want to and he doesn't have to accept a trade to a destination he isn't fond of, he just might not be too happy with his options.

As for Durant, Winfield reports that if the trade return for Irving doesn't yield a star, Durant could be next to seek a trade.

Things will only get more interesting from here.

Kyrie Irving contract

Irving has a player option worth just under $37.0 million next season, the final year of a four-year $136.5 million signed in 2019.

A sign-and-trade would require Irving to opt out of the final year of his contract and the team acquiring him would have to match the salary of Irving's new deal.

  2022-23 2023-24
Kyrie Irving $36,503,300 (PO) UFA

PO = Player option

UFA = Unrestricted free agent

How much money can Kyrie Irving earn?

Irving, who has until Wednesday, June 29, to make his decision on the 2022-23 season, is eligible to earn more money if he stays in Brooklyn as the max deal he can sign for is nearly worth $200 million.

With Nets

  • Four-year, $190 million contract
  • Five-year, $245 million contract

Irving can sign for that much with Brooklyn because the team has retained his Bird rights. Irving can also earn that caliber of a max deal in a sign-and-trade.

Gilbert McGregor

Gilbert McGregor Photo

Gilbert McGregor first joined The Sporting News in 2018 as a content producer for Global editions of NBA.com. Before covering the game, McGregor played basketball collegiately at Wake Forest, graduating with a Communication degree in 2016. McGregor began covering the NBA during the 2017-18 season and has been on hand for a number of league events.