Max Cap Room
$26.5 million
$8.8 million Room Mid-Level Exception

Potential Free Agents

• Lebron James ($52.6 million player option, Full Bird Rights, Unrestricted)

• Dorian Finney-Smith ($15.4 million player option, $16.9 million cap hold, Full Bird Rights, Unrestricted)

• Jalen Hood-Schifino ($4.1 million cap hold, Limited Bird Rights, Unrestricted)

• Christian Wood ($2.3 million cap hold, Early Bird Rights, Unrestricted)

• Cam Reddish ($2.3 million cap hold, Early Bird Rights, Unrestricted)

• Jaxson Hayes ($2.3 million cap hold, Early Bird Rights, Unrestricted)

Summary
The Lakers could technically have a decent amount of cap room, but only if Lebron opts out and leaves in free agency. 

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If Lebron opts in or re-signs at a similar dollar amount, the Lakers could have the full $14.1 million Non-Taxpayer Mid-Level Exception and the $5.1 million Bi-Annual Exception to add talent, but only if Dorian Finney-Smith opts out and leaves. It will be a tough fit though under the first apron though unless Lebron takes a discount, so the Lakers may only use part of the full MLE, or just have the $5.7 million Taxpayer MLE to add talent.

Potential Free Agency Targets
Perimeter defense / PG

• Josh Richardson

• Ben Simmons

• Chris Paul

Big Depth

• Brook Lopez

• Al Horford

• Steven Adams

Shooting

• Luke Kennard

• Eric Gordon

• Gary Harris