A former Lakers guard is reportedly on the brink of losing more than $75 million in a brutal free agency

[geechiedan]

• Dennis Schröder reportedly turned down an $80 million extension from the Lakers last season.
• Schröder is still a free agent and was reportedly offered a $5.9 million contract by the Celtics.
• Schröder's bet on himself didn't pay off, and he may have to take a big discount this season.
• Visit Insider's homepage for more stories.

The NBA point guard Dennis Schröder is finding out the hard way what a free-agency gamble looks like when it goes wrong.


The 27-year-old guard remains unsigned more than a week into NBA free agency, with many teams having already spent what money they had available.

During the 2020-21 NBA season, Schröder turned down a four-year extension from the Los Angeles Lakers worth more than $80 million, according to multiple reports. ESPN's Brian Windhorst said on a podcast that he had been told the extension was worth $84 million.

The Athletic had reported that Schröder sought a deal that would pay him $20 million annually.

Now Schröder looks set up to take a huge loss. The NBA reporter Jordan Schultz reported on Tuesday that the Boston Celtics have offered Schröder a one-year contract worth $5.9 million. Schröder is reportedly pushing for a two-year deal worth $9.5 million, which is the full midlevel exception, a free-agency mechanism for teams without salary-cap space.

The NBA reporter Marc Stein had said on a podcast that Schröder viewed himself as a $100 million player.

Schröder might have turned down the extension from the Lakers for reasons beyond just money: Perhaps he wanted to play elsewhere; perhaps he felt the Lakers might just use him as a trade chip, as they did with other players on their roster this offseason in acquiring Russell Westbrook.

But Schröder's gamble on himself did not play out well. After a career-best season in Oklahoma City in 2019-20, Schröder didn't reach that level of play with the Lakers. While he had strong moments, his shooting percentages dropped in LA. Schröder also missed time down the stretch by entering the league's health and safety protocols as the team was making a playoff push. The Lakers ended up finishing seventh in the West and facing the Phoenix Suns in the first round.

 

[Pimpslap Slim]

SMH

 

[RAY V.]

What was Dennis Schroder thinking

 

[Helico-pterFunk]

Dennis Schroeder Free Agency | HoopsHype

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Los Angeles Lakers Salaries & Contracts | HoopsHype

See updated salary data for every NBA player, including contract terms and cap hits.

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[woodchuck]

What was Dennis Schroder thinking

 

[jasonblacc]

If he was Lebrun client he would’ve got paid

 

[lazarus]

Germans usually don't see the end result.

 

[Helico-pterFunk]

https://www.youtube.com/channel/UC1LPlbjGiaP4E5WuW05_G3g/videos

https://www.youtube.com/results?search_query=Dennis+Schr%C3%B6der+youtube+channel

 

[PlayerR]

If he was Lebrun client he would’ve got paid

Man I don't care if Jesus was his agent that money the Lakers was offering was the best he was going to get..lol

 

[Z MONSTER]

Dude is a weirdo

 

[TENT]

Word. How he get that name?

Germans usually don't see the end result.

 

[Da Backshot Champ]

 

[jasonblacc]

Man I don't care if Jesus was his agent that money the Lakers was offering was the best he was going to get..lol

Disagree

 

[RoomService]

Germans usually don't see the end result.

Beautiful Queen

 

[thismybgolname]

He overplayed his hand like a mofo.

 

[lazarus]

Word. How he get that name?

his last name is german. dad was a german, mom was gambian.

 

[TENT]

Oh damn. His dad's genes didn't show up even a lil bit. Momma got some explaining to do.

his last name is german. dad was a german, mom was gambian.

 

[Non-StopJFK2TAB]

What was Dennis Schroder thinking

Nerlens Noels is a genius.

 

[Pworld297]

This here!

 

[Complex]

and what happens if he gets injured this year.

 

[DjMorpheus]

Well...you bout to see just how much that long face white bitch love yo ass homie

 

[Duece]

So this nigga fumbled $78 million trying to get $16 to $36 million more than what the Lakers were offering?

I thought the Isaiah Thomas thing was a lesson to these basketball players.

 

[Deezz]

GOTDAMN!!!!!! Is this dude on the Spectrum?!!!!

 

[RUDY RAYYY MO]

Word. How he get that name?

There are a lot of Blacks in German, majority are from Africa. More than likely he was adopted by German family

 

[TENT]

That makes more sense.

There are a lot of Blacks in German, majority are from Africa. More than likely he was adopted by German family

 

[ballscout1]

brutal or stupid.....he turned down 84 million guaranteed for a 1 year 5.9 million deal.

stupid mofokr

 

[FLoss]

Lake show dodged a bullet with this corny ass nigro.

Germans usually don't see the end result.

 

[trstar]

I like how mofos turn down $80m like it’s a joke. A fucking generational changing contract

 

[pookie]

Nothing about his play this year screamed I'm worth $80 million. The Lakers were dumb for even offering him that amount and he 10x's dumber for not accepting it thinking he could get more. .. SMH

 

[easy_b]

Germans usually don't see the end result.

Really dude seriously……I bet she has something to do with his decision to reject that money from the Lakers.

 

[Maxxam]

Needs to fire his agent. Colossal fuck up.

 

[easy_b]

He overplayed his hand like a mofo.

They are giving him debt work on Twitter and TickTock (and you don’t stop)

 

[shaddyvillethug]

Y’all really think the Lakers offered him that???

LMAOOO

 

[PaYpA]

I was having conversations with people in the barbershop and everywhere the subject would come up … I told them this would happen … He actually played decent considering he was turn over prone … I’m not saying he was worth the contract the Lakers offered but after he got COVID he never was the same … His stock went down tremendously after his playoff performance …It was funny because as soon as the season was over he was saying he wanted to run it back with the Lakers but I knew he was done in LA when Magic Johnson came out and said he won’t be back next season he doesn’t have the heart to be a Laker …

 

[PaYpA]

Needs to fire his agent. Colossal fuck up.

Same thing I said … His agent went to UNC and played with Vince Carter & Antwan Jamison but went undrafted and could never get any burn in the league …