The terms of Los Angeles Lakers' guard Marcus Smart's contract buyout with the Washington Wizards have been revealed.

The Los Angeles Lakers currently have 14 players under contract and are just under the first apron threshold, where they are hard-capped, after adding Marcus Smart and waiving both Shake Milton and Jordan Goodwin.

Earlier Sunday, Los Angeles waived 28-year-old guard Shake Milton, who spent 30 games with the Lakers in 2024–25 after being acquired from the Nets. Milton's $3 million salary was set to become guaranteed before the move, per ESPN's Shams Charania.