Lakers choose not to stretch out Steve Nash's salary

The deadline for the Lakers to use the "stretch" provision on Steve Nash passed over the weekend.

The 40-year-old point guard is heading into his third year with the team, earning $9.7 million for the 2014-15 season.

Had the Lakers waived Nash prior to September, they would have been able to stretch his salary over the next three years at around $3.2 million annually.