Lakers also trade 2031 FRP to Atlanta.

Biggest key to this is that only teams taking back more salary than they give up are teams under the cap (so the hard cap doesn't apply to them).

This deal allows Lakers to keep their core younger players (Rui, AR) while making the present better now for AD and Lebron while as said above, not hard capped in 24/25.

Lakers don't give up their 2029 FRP which allows them a 3 year tank window in the late decade if necessary.

For Atlanta, they get two FRPs for Murray while cutting salary. Utah gets to move up (as reported they are interested in doing) while getting a free look at JHS. Orlando gets D'Angelo for a mid-first this year while not being locked into long term salary by signing him as a free agent (to see if it is a match for them). Wizards get a FRP and someone who can help in their rotation now while cutting salary. They are selling Kuzma high to a team that values what he does rather than what he thinks he can do (which is be the best player on a title team).