Buyer's Market? Lakers Got Next to Nothing in Lou Williams Trade

If the two NBA trades this week indicate anything, it's that we're in a buyer's market.

Two days after DeMarcus Cousins was traded by the Kings to the Pelicans for a shockingly light return, Magic Johnson made his first move as the Lakers' new head honcho, shipping Lou Williams to Houston.

In exchange for Lou-Will, the Lakers got Corey Brewer and the Rockets' first-round pick, another surprisingly modest return.

Williams, 30, is having the best season of his 11-year career and it's not just because he was playing big fish on a bad team. You'd think the Lakers' lack of talent would result in somewhat inefficient scoring from Lou-Will, but that's not the case.

He's averaging a career-high 18.6 points, shooting a career-best 38.5 percent from three and 88.4 percent from the line. Only once, 2009-10 with the Sixers, did Williams shoot better than his current 44.4 percent from the field.

Because Williams signed his three-year deal with the Lakers before the salary cap spiked last offseason, he's underpaid in the current NBA landscape. He's owed just $7 million next season, a team-friendly salary for a player who can provide instant offense off the bench.

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Brewer is a non-factor in the trade and won't have much of a future role with the rebuilding Lakers, so the trade was basically Williams for a very late first-round pick. The Rockets are 40-18 and would pick 27th if the season ended today.

Keep this return in mind when wondering what the Sixers might be able to recoup in a deadline trade of players like Ersan Ilyasova or Nik Stauskas. 

It's a worse return for the Lakers than the Kings received on draft night last summer for Marco Belinelli. Sacramento traded Belinelli, a journeyman bench player, for the No. 22 overall pick.

Could the Lakers have possibly gotten less than the 27th pick if they just held onto Williams and traded him in the offseason?

When I opined last night on Twitter that the Lakers didn't do well in the Lou-Will deal, a few people replied that the Lakers aren't trying to win, they're trying to finish with a bottom-three record and keep their pick rather than ship it to the Sixers.

But keep in mind that finishing with even the second-worst record in the NBA guarantees the Lakers nothing. The team that finishes with the second-worst record has a 55.8 percent chance of landing a top-three pick. The team that finishes with the third-worst record has a 46.9 percent of chance of landing a top-three pick.

Far from a sure thing.

One sure thing is the Lakers won't be catching the Nets for the league's worst record. Even if the Lakers go 0-24 the rest of the way to finish 19-63, they'd still need the Nets to go 11-15 or better. Brookyln's lost 14 games in a row, so that ain't happening.

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