Earlier in the day, former Pelicans point guard Rajon Rondo agreed to sign a one-year, $9 million deal with the Los Angeles Lakers. He spent 2017-2018 with the New Orleans Pelicans and averaged 8.3 points and 8.2 assists per game during the regular season.
The Lakers originally gave him a qualifying offer, which made Randle a restricted free agent.
According to ESPN's Bobby Marks, the Lakers only have $2.1 million in cap space based on all the reported signings.More news: Samsung Messages bug randomly sending photos to contacts
A person with knowledge of the situation says Rondo has agreed to sign a one-year contract with the Los Angeles Lakers.
The Lakers also added versatility with James, Rondo and Stephenson all triple-double threats on any given night. Unless Ball is traded away, he would most likely be demoted to a bench role with fellow youngsters Josh Hart and Moe Wagner.
If you thought the biggest move of the National Basketball Association free agency period had already taken place, think again. This would change a bit if the Lakers were to trade for Kawhi Leonard, but L.A. would also have to trade salaries in that deal as well.More news: How Japan cleaned up at the World Cup
"Thank you Northeast Ohio for an incredible four seasons", said James on his Instagram account. The next big question revolves around free agent DeMarcus Cousins.
By renouncing their rights to Randle, the Lakers parted ways with their longest-tenured player.
Despite his development on offense, Randle started only 49 games while averaging 26.7 minutes. Prior to James' arrival, Turner Sports' David Aldridge reported that Randle was not interested in remaining in Los Angeles, which selected him with the seventh pick out of Kentucky in the 2014 National Basketball Association draft.More news: Capital Gazette Pens Gut-Wrenching Editorial Days After Shooting