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Dennis Schroder back with Los Angeles Lakers on one-year, $2.64 million deal, agent says

Free agent guard Dennis Schroder is finalizing a one-year, $2.64 million deal to return to the Los Angeles Lakers, his agent, Mark Bartelstein of Priority Sports, told ESPN on Friday.

Lakers general manager Rob Pelinka and new coach Darvin Ham reached out to Russell Westbrook in recent days to tell him that they planned to sign a veteran guard to the team's 14th roster spot, sources told ESPN's Adrian Wojnarowski.

Ham and Schroder spent five seasons together on the Atlanta Hawks.

"We are extremely pleased to welcome Dennis Schröder back to the Lakers," said Pelinka in a statement announcing the signing.