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.

Smart, the 2021-22 NBA Defensive Player of the Year, intends to sign a two-year contract after agreeing to a buyout with the Wizards.

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.