Question is then, how/when/will they use it? And will they waive Cousins? Turns out the exception, contrary to what some wrote elsewhere, does create an open roster spot.
Report: Lakers receive DeMarcus Cousins disabled-player exception
The exception holds little value presently. It’s worth less than a full-season minimum salary for anyone with more than four years experience.
But minimum-salary and mid-level exceptions decline throughout the season. This exception does not.
So, on March 1, a team with only a minimum slot available can offer a free agent just between $233,459 and $666,546 (depending on the player’s experience level). The Lakers can offer $1.75 million.