Malik Monk took a small pay cut last summer to join the Los Angeles Lakers on the veteran’s minimum one-year contract worth nearly $1.8 million.
Monk had a brilliant season in Los Angeles and gradually improved his performance over the course of the year.
Overall, he averaged 13.8 points in 28.1 minutes per game, while shooting 47.3 percent from the field and 39.1 percent from three-point range.
At times, he was the Lakers’ only consistent offensive threat other than LeBron James.
But his success has created a problem, as it raised his value on the open market this summer, presumably above the mid-tier taxpayer exemption the Lakers could offer.
But now Monk has hinted that he might accept a slightly lower offer in order to stay at Purple Gold.
The mid-tier taxpayer exemption would cost between $6 million and $7 million, and many experts believe it won’t be enough to get him to agree to a new contract with Los Angeles.
Monk may be a mediocre defender, but as an instant attacker off the bench, he will continue to be a huge asset to the team next season.
In addition to his strong 3-point shooting, he is adept at attacking under the rim and finishes well under the rim, especially in transition.
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