On Saturday, July 19, ESPN's Shams Charania reported that former Boston Celtics fan favorite, Marcus Smart, had agreed to a contract buyout with the Washington Wizards. Charania also noted that Smart, 31, plans to sign a two-year $11 million contract with the Los Angeles Lakers, meaning he will join his former team's most bitter rivals.

After signing free agent Marcus Smart, the Lakers waived another guard after parting ways with veteran Shake Milton.

The Lakers are set to sign veteran guard Marcus Smart to a two-year, $11 million deal. In order to make room for the veteran guard, a pair of younger players had to go. Earlier Sunday, Los Angeles waived 28-year-old guard Shake Milton,