Reports: Lakers Renounce Rights to Julius Randle, Sign Rajon Rondo

The Lakers are wheeling and dealing.

A day after adding LeBron James, Kentavius Caldwell-Pope, JaVale McGee and Lance Stephenson, they've reportedly added veteran point guard Rajon Rondo on a one-year, $9 million.

Adding Rondo came at a price though, as the Lakers renounced the rights of restricted free agent Julius Randle. That makes the 23-year-old forward an unrestricted free agent.

Rondo joins the Lakers after one successful season in New Orleans. In 65 games, he averaged 8.3 points and 8.2 assists per game.

ESPN was first to report both moves. Yahoo Sports first had terms of Rondo's deal.

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