The Memphis Grizzlies today announced the team waived guard Rajon Rondo.
Rondo was acquired by Grizzlies from the Los Angeles Clippers on Aug. 16.
Per ESPN.com, “Rondo will likely sign with the Lakers, sources told ESPN’s Adrian Wojnarowski, upon clearing waivers after a contract buyout with the Memphis Grizzlies on Saturday. Rondo, 35, was traded from the LA Clippers to the Grizzlies earlier this month as a part of the Eric Bledsoe deal, but he reached an agreement on the final year of his contract worth $8.3 million to go back on the market.”