Lance Stephenson is joining the Los Angeles Lakers and LeBron James.
The 27-year-old has agreed to a one-year, $4.5 million contract with Los Angeles, according to a report from ESPN. Stephenson averaged 9.2 points per game on the Pacers last season.
Sources: It's a one-year, $4.5 million deal. https://t.co/DUcYC4EDNo- Chris Haynes (@ChrisBHaynes) July 2, 2018
Stephenson unexpectedly became an unrestricted free agent last week when the Pacers declined his $4.3 million team option.
LeBron also announced Sunday he was signing with the Lakers . The pair has had a history of notable exchanges, most memorably in the 2014 playoffs, when Stephenson was with the Pacers and James played for the Heat.
Just teammate things... pic.twitter.com/MoFKSDuGXG- Sporting News (@sportingnews) July 2, 2018
Stephenson's best season came in 2013-14 with Indiana when he averaged 13.8 points per game and shot 35.2 percent from 3-point range.
The Lakers will be Stephenson's seventh NBA team. He previously played in Los Angeles with the Clippers in 2015-16.
MORE: Track all free agency movement
James will reportedly be signing a four-year, $154 million contract with Los Angeles. The Lakers also inked Kentavious Caldwell-Pope to a one-year deal Sunday, reports say.
Los Angeles is also pursuing a potential trade for Kawhi Leonard and has spoken with free agent center DeMarcus Cousins, according to multiple reports.
All signings will not be official until the end of the NBA moratorium period on July 6.