The Indiana Pacers are finalizing terms on a trade to send center Roy Hibbert to the Los Angeles Lakers.
Hibbert, according to Yahoo Sports, was informed on Saturday that he can expect to be moved to the Lakers once an agreement in principle is reached.
The Pacers have informed some rival teams, including those with an interest in Hibbert that they had found a deal for him, league sources said.
The final hurdle in the deal centers on the 15 percent trade kicker that activates with Hibbert and his $15.5 million salary for the 2015-16 moving to the Lakers.
Los Angeles has the salary-cap space to take on that salary and the $2.3 million trade kicker, essentially a bonus the Pacers must pay Hibbert, but Los Angeles wants to find a creative way to preserve more cap room in the deal, league sources said.
After the Lakers absorb the $2.3 million trade kicker, it will leave them with less than $5 million available under the cap to spend elsewhere in free agency.
There are several possible solutions to the snag, but both sides believe they will find a resolution and the deal will be formalized when the NBA’s moratorium on player business ends on Thursday, sources said.
The Pacers will receive a future second-round pick as part of the proposed deal. Indiana has been determined to unload Hibbert’s contract and move forward with a sleeker, faster offensive style without him.
Indiana reached an agreement to sign guard Monta Ellis to a four-year, $44 million contract this week. Veteran forward David West also opted out of the final year of his contract to pursue a deal with a championship contender.