Shams Charania of Stadium and The Athletic reported last week that Jordan was expected to sign a one-year, $2.6 million contract once he became a free agent.
Jordan cleared waivers after the Brooklyn Nets traded him and four future second-round picks last Friday to the Detroit Pistons in exchange for Jahlil Okafor and Sekou Doumbouya. The Pistons promptly moved to buy out the remaining two years of Jordan's four-year, $39.9 million contract, letting the 33-year-old become an unrestricted free agent.
Almost as soon as the trade was completed, multiple reports began circulating that Jordan would sign with the Lakers. The deal returns him to the city where Jordan spent the first 10 years of his career with the Los Angeles Clippers.
The Lakers had been looking for help in the frontcourt as uncertainty around Marc Gasol's willingness to return to L.A. remained one of the team's lingering concerns. Jordan should provide depth behind Anthony Davis, Carmelo Anthony and Trevor Ariza.
In 57 games with Brooklyn last season, Jordan averaged 7.5 points, 7.5 rebounds, 1.1 blocks and 1.6 assists.
That should translate quite well to Los Angeles, with the Lakers looking to make a deep playoff run with the Texas A&M product's help.