This is actually a great trade for the Lakers.
They shed Mozgov's contract for an exponentially better big man who only has one year left on the deal.
No, I do not like losing Russell, but this all but locks in Ball at #2 unless they trade down, and would give Indiana another 1st round pick to add to #28 and Clarkson or Randle
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They will actually have a ton of Cap room next year with Lopez's contract off the books.