The first step is completed 👀Shams: The Lakers have cut Milton and are making room for signing Smart

According to famous reporter Shams, sources revealed that the Lakers have cut Milton.

Milton's $3 million insured contract would have been converted to full security today. The Lakers cut it to make room for signing Smart.

According to previous reports, Smart and the Wizards bought out and joined the Lakers for two years of $11 million. But since the Lakers are only $909,000 below the No. 1 Rich Line, they have to clear their salary space to sign Smart using the biennial special.

The Lakers are currently about $3.91 million below the No. 1 Rich Line, while Smart's starting salary is $5.1 million.

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3 million! Shams: Lakers plan to cut Milton to free up spots to sign Smart