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Dennis Schroder signs one-year, $2.64 million deal with Lakers in free agency

The point guard returns to LA.

Germany v Spain: Semi-Final Round - FIBA EuroBasket 2022
Dennis Schroder of Germany shoots the ball during the FIBA EuroBasket 2022 semi-final match between Germany and Spain at EuroBasket Arena Berlin on September 16, 2022 in Berlin, Germany.
Photo by Maja Hitij/Getty Images

Point guard Dennis Schroder plans to sign a deal with the Los Angeles Lakers, according to Shams Charania. It is a one-year deal worth $2.64 million, per Charania.

It’s been a fall from grace for Schroder, who is still only 28 years old. He was emerging as one of the league’s next great guards during what would be his final season with the Atlanta Hawks. Schroder averaged 19.4 points and 6.2 assists per game as a full-time starter, setting up a lot of possibilities for his future.

He was traded to the Thunder before eventually ending up with the Lakers. Schroder turned down a $84 million extension from the Lakers for a bigger deal in free agency last season, but only got a one-year $5.9 million contract in the market. Schroder was traded to the Rockets and then was ruled out for the year with a shoulder injury. We’ll see if he can rebuild his value as he enters what would be the prime of his career.