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Sources: Dwight Howard, Grizzlies Agree to Buyout, to Sign with Lakers

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Sources: Dwight Howard surrendered nearly $2.6M of his $5.6M guaranteed salary to Memphis in buyout. He can earn $2.6M on his vet minimum deal with Lakers — if he survives on roster past early January. Ideal outcome for Grizzlies, who never intended to bring Howard to camp.

Dwight Howard is finalizing contract buyout with Memphis and plans to sign with the Los Angeles Lakers as free agent, league sources tell @TheAthleticNBA @Stadium.

Source: Adrian Wojnarowski and Shams Charania on Twitter