Smash Williams
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Shaq's free agency was in a completely different era. The dynamics are incomparable to free agency today.If there was a Shaq-type FA this year, the Lakers would have gone after him with both guns blazing, and probably would have pulled it off. These guys aren't anywhere near that level, though, and I think that negates most of LA's advantage. As good as LMA is, given his age, the Lakers weren't going to be building around him. He plays the same position as Randle, and it's clear that Randle and Russell are the future. He could win a championship in LA, but he might be coming off the bench by that time, as it wouldn't come until he was 32 or 33.
Next year, however, Kevin Durant is a free agent. He is the kind of guy that LA would build their team around despite having Russell and Randle. If he isn't happy in OKC, things could get interesting.
Although there was a salary cap back then, there was no maximum on individual salaries (in Michael Jordan's last two seasons, his salary was greater than the entire salary cap). The Magic lowballed Shaq, partly because they didn't forsee someone else carving out enough cap space to outbid them...then Jerry West trade Divac not only to get Kobe, but also to make a bigger offer to Shaq. Of course, Shaq was offended, and he wanted to make crappy movies and albums, so LA was a great fit.
Also, the Lakers were a playoff team with quality young talent before Shaq arrived. That, aside from the completely different salary cap rules, make 2015 or 2016 incomparable to the courting of Shaq in 1996.