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Lakers trade Marc Gasol to Grizzlies, who will buy him out

The writing has been on the wall for a while, but the Lakers have made it official. Adrian Wojnarowski of ESPN is reporting that the team will salary dump Marc Gasol to the Grizzlies, ending his time with the purple and gold (and, likely, his NBA career):

The Lakers signed two former All-Star centers this offseason -- Dwight Howard and DeAndre Jordan -- for franchise's frontcourt. Gasol has a one-year, $2.7M that multiplies with Lakers luxury tax. Gasol, 36, is three-time All-Star, an NBA Defensive Player of Year and NBA champion.