Free-agent point guard Dennis Schroder is headed to the Boston Celtics, he announced Tuesday on his Instagram account.
The deal is for one year and will be for the $5.9 million exception, sources told ESPN's Adrian Wojnarowski.
Schroder, 27, turned down the maximum extension the Los Angeles Lakers were eligible to offer the point guard during the regular season, worth north of $80 million, to pursue a more lucrative deal come the summer.
Since that time, the Lakers had explored trade options involving Schroder after seeing their repeat championship bid fall well short after getting bounced in the first round by the Phoenix Suns.