Jordan Farmar agrees with Lakers
LOS ANGELES -- Jordan Farmar has agreed to sign with the Los Angeles Lakers, the veteran guard told ESPNLosAngeles.com Tuesday night.
The sides agreed to a one-year, veteran minimum deal worth approximately $1 million. L.A. must first negotiate a buyout with Farmar's club in Turkey, Anadolu Efes, which is believed to be in the $500,000 range. The buyout does not count against the salary cap, an important detail to the luxury tax-laden Lakers.
The deal required a significant financial sacrifice by Farmar to be completed. The 6-foot-2, 180-pound guard signed a three-year, $10.5 million deal last summer to play in the Turkish Basketball League.