Thursday, July 2, 2009

Lakers Agree with Artest

According to the L.A. Times, the Daily News and CBS Sports, the Lakers and Ron Artest have agreed on a deal. The Lakers, and Kobe, have coveted Artest for several years now, and almost traded for him two seasons ago when he was traded by Sacramento to Houston. Now, they apparently have their man.

The addition of Artest will take the sting away from the possibility of losing Trevor Ariza. Ariza is said to be upset with the Lakers for the way they've handled his free agency and is now talking with Cleveland and Houston, among other teams. Meanwhile, Artest is expected to sign for the Lakers full mid-level exception, which is roughly five years and about $32MM, and should give the Lakers enough in their budget to re-sign Lamar Odom, as well.

Artest has been meeting with Jerry Buss and other members of the Lakers management team, including Phil Jackson for much of the day. His agent says an official announcement of the agreement could come later today.

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