In a move first reported by ESPN's Shams Charania on Sunday, 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.

The Los Angeles Lakers have waived guard Shake Milton, sources tell ESPN. Milton's $3 million contract for next season would have become fully guaranteed today. Lakers are clearing space for signing of Marcus Smart.

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.