“Reggie is a proven playmaker and scorer, and we are looking forward to adding his experience and creativity to our team,” said president of basketball operations Lawrence Frank.
Jackson will make $734,025 for the remainder of the season, Bobby Marks of ESPN.com tweets. Los Angeles will carry a $512,721 cap hit as a result of the signing.
Jackson, 29, spent the last five years in Detroit, having been acquired from the Thunder in a three-team trade in February 2015. He signed a five-year, $80MM deal with the Pistons a few months later and had been in the final season of that contract before he was released. Jackson gave back a flat $800K in his buyout agreement with the Pistons, reducing Detroit’s dead-money charge for 2019/20 to $17,286,956.
Jackson’s name was among those rumored to be available via trade prior to the deadline, though no deal materialized. The Lakers had interested in inking Jackson earlier this week before the Clippers swooped in.