ESPN's Shams Charania reported Sunday that Los Angeles waived the guard in an effort to clear financial space to add Marcus Smart. Milton's $3 million contract for the 2025-26 campaign was set to become fully guaranteed on Sunday had the Purple and Gold not moved on from him.

Marcus Smart, who played the first nine seasons of his career with the Celtics, agreed to a deal with the Lakers on Saturday.

Los Angeles Lakers are making changes. They are letting go of Shake Milton. This move makes room for Marcus Smart. Smart is a veteran defensive player. He is joining the team on a two-year contract. The Lakers aim to improve their defense.