The Los Angeles Lakers are finally fully moving on from their last era of futility, as the team is "finalizing" a buyout of Luol Deng from the two years and approximately $36 million remaining on his contract, according to Shams Charania of the Athletic:
Sources: The Los Angeles Lakers and forward Luol Deng are finalizing a contract buyout as part of waive-and-stretch provision.
— Shams Charania (@ShamsCharania) September 1, 2018
Sides have been working on parting ways on remaining two years and $36.8M on Deng’s contract and reached agreement, allowing him to enter free agency.