The Lakers Have Renounced Julius Randle

The Lakers Have Renounced Julius Randle

This move just broke the NBA

The Warriors have announced the signing of injured big man Demarcus "Boogie" Cousins on a one-year deal worth over $5 million. Once the Lakers began signing Lance Stephenson and JaVale McGee on Sunday night, Randle saw the writing on the wall in Los Angeles.

First, they renounced the rights to power forward Julius Randle, a story broken by Adrian Wojnarowski of ESPN.

Cousins was in line for a max deal last season until he tore his achilles tendon while playing for the New Orleans Pelicans.

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A person with knowledge of the situation said Monday that Rondo has agreed to sign a one-year contract with the Los Angeles Lakers.

Rondo considered remaining with the Pelicans before accepting the Lakers' offer.

The 32-year-old Rajon Rondo is expected to compete for position with Lakers young gun Lonzo Ball.

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The Lakers have turned their focus away from trying to land Kawhi Leonard in a trade - those talks are still ongoing, but the Lakers don't feel the same pressure to get a deal done fast with LeBron James locked down for four years.

Rondo is the second notable former Celtics point guard to join this current Lakers team, joining Isaiah Thomas, who was traded from the Cleveland Cavaliers this past season.

The Lakers could create additional cap space this summer by trading Luol Deng and his $18 million salary for the next two seasons, but partners would seem to be scarce.

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By renouncing their rights to Randle, the Lakers parted ways with their longest-tenured player. He had averages of 16.1 points, and 8.0 rebounds, per game. He was the No. 7 overall draft pick out of Kentucky in 2014 but played in only one game his rookie season before breaking a leg.

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