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Source: DeMarcus Cousins to join Lakers

The Latest on NBA free agency (all times EDT):

2:50 p.m.

A person with knowledge of the situation says DeMarcus Cousins has agreed to a one-year deal with the Los Angeles Lakers, a move that will reunite him with his former New Orleans teammate Anthony Davis.

ESPN first reported the agreement.

Cousins agreed to the deal Saturday, said the person who spoke on condition of anonymity to The Associated Press because the Lakers had not yet announced the signing. The Lakers are expected to close a deal Saturday that will bring them Davis in exchange for players and draft picks.