On Saturday, veteran guard Marcus Smart agreed to a buyout of his contract with the Washington Wizards that would've paid him $21.6 million this coming season. He quickly agreed to join the Los Angeles Lakers on a two-year, $11 million contract once he clears waivers and once the Lakers clear enough space under the first apron of the salary cap.

Veteran guard Marcus Smart will sign with the Los Angeles Lakers after receiving a contract buyout from the Washington Wizards, according to a person with knowledge of the deal.

Marcus Smart, who played the first nine seasons of his career with the Celtics, agreed to a deal with the Lakers on Saturday.