Here’s the Los Angeles Daily News blog with an update on the Lakers and old point guard Steve Nash:

Steve Nash will remain on Lakers roster

Despite a tumultuous two-year stretch in which he has taken more visits to the trainer’s room than the basketball court, Steve Nash will remain on the Lakers’ roster. The deadline for the Lakers to use the so-called stretch provision passed over the weekend, ensuring that Nash will finish out the final year of his contract worth $9.7 million.

This development is hardly surprising. The Lakers leaned toward retaining Nash ever since last season, mindful that waiving him would compromise the team’s financial flexibility since it would owe a third of his salary for the following three seasons. The Lakers would have only gone down this route had they acquired LeBron James and/or Carmelo Anthony and would need to clear up immediate cap space.