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Odom is believed to be looking for $10 million annually, but the Lakers are already about $10 million into the luxury tax. Luxury tax is paid for in a dollar-for-dollar penalty, so signing Odom for $10 million next season would result in a bill of $20 million. The Los Angeles Times suggested a compromise on Friday night. The Lakers can sign Odom to a one-year deal worth $7.5 million, allowing him to test free agency again next summer. |