Lakers decline Nick Smith Jr.’s team option, guard becomes free agent

Yahoo Sports1 min read • Latest: Jun 30, 2026, 2:15 AM

Last updated Jun 30, 2026

Lakers decline Nick Smith Jr.’s team option, guard becomes free agent
Summary

The Los Angeles Lakers have declined the $2.5 million team option on guard Nick Smith Jr. for the 2026-27 season, making him an unrestricted free agent. The decision reportedly frees up over $50 million in cap space for the upcoming free agency period, which begins at 3 p.m. today. Smith joined the Lakers on a two-way contract in September 2025 after being waived by the Charlotte Hornets. He averaged 6.2 points and shot 39.5% on three-pointers in 30 regular-season games for Los Angeles before transitioning to a standard NBA contract in April prior to the playoffs.

Source Links
Market Watch
  • Lakers decline Nick Smith Jr.'s team option
  • Smith averaged 6.2 points with the Lakers
  • Free agency starts today at 3 p.m.
  • Lakers gain over $50 million in cap space
  • Smith was the No. 27 pick in the 2023 NBA Draft
Latest Updates
  • 2:15 AMYahoo SportsLakers decline Nick Smith Jr.’s team option, making guard free agent
What they're saying
"

LOS ANGELES, CALIFORNIA – APRIL 10: Nick Smith Jr. #20 of the Los Angeles Lakers takes a foul shot during the second half of a game against the Phoenix Suns...The...

Related Teams & Leagues

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days