Lakers waive Derrick Caracter; another move to follow?

Breaking news …

The Lakers announced today they have waived power forward Derrick Caracter, reducing their roster from the maximum 15 players to 14. It’s possible they could sign free agent point guard Gilbert Arenas or trade for Cleveland guard Ramon Sessions. Or perhaps there’s another move to be made that will strengthen the roster.

Kobe Bryant said Monday he believed the team as constructed was strong enough to be a championship contender by season’s end. He also acknowledged the team’s margin for error was zero. Lakers coach Mike Brown agreed with Bryant on both counts.

The Lakers took the day off today, but will practice Wednesday in Boston.

Caracter played four games for the Lakers’ developmental team, the D-Fenders, and averaged 15.5 points and 7.5 blocks. He had little chance of earning playing time with the Lakers, particularly after suffering a knee injury during training camp.

Caracter wrote on Twitter: “On to the next chapter in my Life. It’s over before it begun … But plan doesn’t change … peace Cali.”