According to multiple sources the Wolves offered Michael Beasley to the Lakers for a first round pick. The Lakers are able to take on Beasley's $6.2million contract from the $8.9million trade exception they got for trading away Lamar Odom.
However, the Lakers aren't interested in Beasley unless they're sending the Wolves a big contract back in return.
Beasley's contract would add to the Lakers' luxury tax bill. The Lakers have to pay roughly $18million already in taxes this season. There is a 'dollar-for-dollar'penalty for tax-paying teams, which would mean Beasley's contract would add $6.2million to the Lakers' total bill.
The fact remains Michael Beasley still remains on the block. The reported interested teams include: Los Angeles Lakers, Houston Rockets, New Jersey Nets & Boston Celtics. The Boston Celtics' trade rumor is Beasley for Jermaine O'Neal! Yes, you're not the only one who finds that absolutely ridiculous...expect, David Kahn...likely...
The trade deadline is roughly two weeks away and there's no doubt the rumors will continue to swirl. Below are two stories we had last month on a few more of these trade rumors...
Lakers Want Beasley? (the first time we reported this story)
TWolves Still Interested in Lakers' Gasol?
Three-Team Trade Rumor: LAL, ORL, MIN
TWolves in Desperate Need of a Shooter (not any rumors, but a story on Wolves need of a SG)
That's all I've got for now, thanks for reading HOWL and GO WOLVES!