The Los Angeles Lakers currently have 14 players under contract and are just under the first apron threshold, where they are hard-capped, after adding Marcus Smart and waiving both Shake Milton and Jordan Goodwin.

The terms of Los Angeles Lakers' guard Marcus Smart's contract buyout with the Washington Wizards have been revealed.

Veteran guard Marcus Smart will sign with the Los Angeles Lakers after receiving a contract buyout from the Washington Wizards, according to a person with knowledge of the deal.