The Kings are close to agreeing on a sign-and-trade sending Tyreke Evans to the Pelicans for Robin Lopez and Greivis Vasquez, according to reports. That means that Lopez won't be waived by Friday. Per the wonderful ShamSports.com, the team with Lopez's rights could have waived him by July 5, 2013, and paid him $500,000 to wipe out the other $9.9 million due to him over the next two years. But since a sign-and-trade can't be executed until July 10 at the earliest and Lopez is reportedly in the deal, he can't be waived in time to wipe off the salary.
As such, per Sham, Lopez is due $5.1 million in 2013-14 and $5.3 million in 2014-15.
Reports in recent days have suggested that the Pelicans had found at least one time interested in trading for Lopez to clear up New Orleans salary cap space. Apparently, the Kings were either also interested or willing to pull off another Lopez trade themselves.