8:16pm: The signing is official, the Lakers announced (via Twitter).
“Spencer is returning to his roots and the city where his journey began,” general manager Rob Pelinka said. “… His play-making and aggressiveness from the guard position provides us valuable depth as we continue our strong push toward the back half of the season.” (Twitter link)
10:06am: Former Nets guard Spencer Dinwiddie plans to sign with the Lakers after clearing waivers, according to The Athletic’s Shams Charania (Twitter link). Dinwiddie was traded on Thursday from Brooklyn to the Raptors, who subsequently cut him.
The Lakers were one of a few playoff teams who offered Dinwiddie a significant role on the roster, Charania tweets. Head of basketball operations Rob Pelinka said this week that the team was targeting a “ball-handling guard” in the buyout market.
The Pelicans, Sixers, and Mavericks were also cited as potential suitors for Dinwiddie, with Dallas viewed as the Lakers’ top competition. The guard played for the Mavs during parts of two seasons from 2022-23 before being sent to Brooklyn as part of last year’s Kyrie Irving blockbuster.
As we pointed out, the Lakers have about $1.5MM left of their prorated mid-level exception, since they didn’t sign Gabe Vincent to the full MLE. They’ll use the leftover portion to sign Dinwiddie, ESPN’s Dave McMenamin confirms, adding that the 30-year-old narrowed his decision to the Lakers and Mavs before choosing L.A.
Los Angeles has an open roster spot, so the team won’t have to cut anyone to bring Dinwiddie in. Cap expert Yossi Gozlan observes the Lakers will have plenty of room beneath the tax apron for other signings, if they so choose (Twitter link).
Dinwiddie is averaging 12.6 points and 6.0 assists in 48 games this season. While his second stint in Brooklyn wasn’t as successful as his first, he has been an important playoff contributor for both the Nets and the Mavericks over the past two seasons. In his last 22 postseason games over the past two years, he’s averaged 14.6 points while shooting 41.2% from beyond the arc. He’ll look to help propel the currently ninth-place Lakers into the playoffs.
Dinwiddie grew up a fan of the Lakers and Kobe Bryant, and playing for the team was always a dream of his, according to HoopsHype’s Michael Scotto (Twitter link).
For what it’s worth, Lakers guard D’Angelo Russell already expressed he was on board with the idea of bringing Dinwiddie in and is a big fan of his, according to Jovan Buha (Twitter link). “Y’all will get to know him soon,” Russell said following the Lakers’ Friday game against New Orleans. Russell and Dinwiddie played together on the Nets from 2017-19.