“Essentially, Smart will replace Jordan Goodwin and Shake Milton, two Lakers guards on non-guaranteed contracts who they will have to waive to make room for Smart under a hard cap at the lower luxury...

The Los Angeles Lakers are going to need to free some cap space to complete the reported signing of veteran guard Marcus Smart.

Charania reported Saturday that Smart was joining the Lakers on a two-year, $11 million deal after agreeing to a contract buyout with the Washington Wizards.