The Los Angeles Lakers have re-signed Xavier Henry for the 2014-15 season. Henry will return to the Lakers on a one-year deal, according to Adrian Wojnarowski of Yahoo! Sports.
Free agent guard Xavier Henry is nearing agreement on a 1-year deal to return to the Lakers, league sources tell Yahoo Sports.
— Adrian Wojnarowski (@WojYahooNBA) July 18, 2014
According to Wojnarowski, the Lakers have also waived point guard Kendall Marshall; however, they have interest in bringing him back in he clears waivers.
Lakers waiving guard Kendall Marshall, but have interest in bringing him back on a new deal if he clears waivers, league sources tell Yahoo. — Adrian Wojnarowski (@WojYahooNBA) July 18, 2014
Henry’s new deal with the Lakers is worth $1M for the 14-15 season, which is a bargain considering how well he played for the Lakers last season while he was healthy. Henry averaged 10 points per game last season for the Lakers, but only played in 43 games. Henry had numerous injuries last year and had surgery in April to repair a tore ligament in his wrist.
This move makes sense for the Lakers for two reasons. The Lakers really liked what Henry showed last season and a $1M deal isn’t much of a risk. The Lakers are in desperate need to depth and players like Henry, who are willing to play for the Lakers for a relative pittance, are valuable. Expect the Lakers to target one or two more players like Henry who are willing to take a discount to play in Los Angeles.
Marshall, meanwhile, is on his way out of Los Angeles for the time being. The NBA waiver system is always a crapshoot and the Lakers have no idea if he will be back in the fold right now. However, if Marshall does clear waivers, the Lakers are expected to offer him a deal that would look similar to the veteran’s minimum, meaning a one-year deal worth about $850,000.