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.

After a relatively quiet offseason, the Los Angeles Lakers intend to sign Marcus Smart to a multiyear deal once he clears waivers.

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

However, Charania’s well-respected co-worker, Bobby Marks, wisely pointed out that the Lakers need to clear space if they want to use the $5.1 million bi-annual exception to land Smart. The Lakers took a step in the right direction on Sunday by cutting ties with a recently acquired 6-foot-5 guard.