NBA Rumors: Spencer Dinwiddie Selects His Buyout Destination

Former Brooklyn Nets point guard Spencer Dinwiddie has not taken long to decide on his next destination, after he was waived by the Toronto Raptors following his trade for Dennis Schroder. Dinwiddie is signing on with the Los Angeles Lakers.

Spencer Dinwiddie is signing for $1.5 million for the second half of the Lakers season, sources tell me and @ShamsCharania. The Lakers were able to offer Dinwiddie more than a minimum contract due to not using their full non-taxpayer mid-level exception on Gabe Vincent.

— Jovan Buha (@jovanbuha) February 10, 2024

The Lakers were completely shut out at the trade deadline, not making any moves, but adding a valuable rotation piece like Dinwiddie certainly makes up for it. 

Because the Purple & Gold didn't use their full non-taxpayer mid-level exception on Gabe Vincent last offseason, they're able to sign Dinwiddie for $1.5 million for the second half of the campaign.

The 30-year-old guard's production is down this season, but he's still averaged 12.6 points and six assists with the Nets. His shooting percentages are off this year, at just 39% from the field, and a mere 32% from long distance. But his ability to add another playmaker and scorer for the Lakers will be a big help. He'll step right in as the Lakers' third guard.

The Dallas Mavericks were the other main pursuer for Dinwiddie on the buyout market, as the former Mavs guard met with Dallas team officials after their game in New York against the Knicks on Thursday night, pondering a reunion. The Mavs could have offered him up to $5.3 million. 

But the LA native then sat with the Lakers front office personnel on Friday night during their game against the New Orleans Pelicans, and decided his hometown team would be a better fit, even at nearly $4 million less. 

The Lakers are 28-26 and sit ninth in the Western Conference.

Photo: Wendell Cruz-USA TODAY Sports