The Lakers continue to overhaul their roster.
Los Angeles signed veteran point guard Rajon Rondo to a one-year, $9 million contract and renounced the rights to Julius Randle on Monday, according to ESPN.
Rajon Rondo's one-year Lakers deal is worth $9 million, a source said.- Marc J. Spears (@MarcJSpearsESPN) July 2, 2018
The Lakers have renounced Julius Randle, making him an unrestricted free agent, league source tells ESPN.- Adrian Wojnarowski (@wojespn) July 2, 2018
The Lakers have $5.6 million of cap space after signing Rondo, according to ESPN.
Los Angeles now have $5.6M in room left after the Rajon Rondo signing with the Lakers.- Bobby Marks (@BobbyMarks42) July 2, 2018
Rondo averaged 8.3 points and 8.2 assists per game for the Pelicans last season. The four-time All-Star won a championship with the Celtics in 2007-08 and has also played for the Mavericks, Kings and Bulls.
Rondo has shot just 30.9 percent from 3-point range throughout his 12-year career.
Randle will now become an unrestricted free agent. He averaged a career-high 16.1 points and added eight rebounds per game in 2017-18.
Randle has spent all four of his NBA seasons in Los Angeles.
LeBron James announced Sunday he was leaving the Cavaliers and signing a four-year, $154 million contract with the Lakers. Los Angeles has also re-signed Kentavious Caldwell-Pope and added Lance Stephenson and JaVale McGee to its roster.