Payton has given no indication he would accept the mid-level exception as a starting point on a multi-year deal, considered below market value for a player who made $12.6 million last season and is playing as if in the prime of his career.
But if the Lakers were to come to an agreement with Payton -- free agents may not sign contracts until July 16 -- he would represent the final piece of what would be the Lakers' most productive off-season since 1996, the summer Jerry West signed O'Neal and traded for Kobe Bryant.