AUGUST 31: The Lakers have officially signed Rondo, the team confirmed today (via Twitter).
AUGUST 30: Point guard Rajon Rondo intends to sign a one-year, minimum-salary contract with the Lakers after he becomes a free agent, according to ESPN’s Adrian Wojnarowski (Twitter links). Rondo, who will clear waivers today, will sign his new contract on Tuesday, Wojnarowski adds.
Rondo agreed to a buyout with the Grizzlies and was released by the team on Saturday, with reports at the time indicating the Lakers would likely be his next destination. According to Wojnarowski, Rondo will still earn $7.5MM this season, which was the base salary on his previous deal, so it sounds like he gave up about $2.64MM (his minimum salary) in his buyout agreement.
Rondo, 35, signed with Atlanta during the 2020 offseason, but had a limited impact in 27 games with the Hawks, averaging just 3.9 PPG and 3.5 APG in 14.9 minutes per contest — those numbers all would’ve been career lows.
The veteran guard was traded to the Clippers in a midseason trade and finished the 2020/21 campaign with the team, appearing in 18 regular season games and 13 playoff contests. L.A. then sent him to the Grizzlies in a deal for Eric Bledsoe earlier this month, but he was only included in that swap for salary-matching purposes and was never in Memphis’ plans.
Rondo will now rejoin a Lakers team with whom he won a championship in 2020. He spent two seasons with the Lakers from 2018-20. Los Angeles will have 13 players on guaranteed contracts once the signing is complete.