His contract is not set to expire for another season and there are 13.6 million dollars still to be paid, while in LA he will be paid a minimum of 2.1 million.
The New York Times first reported that Chandler and the Suns were agreeing on a buyout. Chandler will sign with the Lakers, league sources tell ESPN.
"We could have possibly the Defensive Player of the Year in JaVale and we see when he goes off the floor what happens to our defense".
The Lakers are expected to land Chandler, a Los Angeles native, once he clears waivers, according to ESPN's Adrian Wojnarowski.
In certain timeout situations, Luke Walton may be able to turn to Tyson Chandler for some help in how to improve in defensive situations, which points to the pedigree of Chandler and all that he has been through in this league. Though Moritz Wagner could also potentially log minutes at the 5, his ongoing development will be a long process for the Lakers.
While Chandler has struggled to be on the court in recent years, playing 47 games in games in 2016-17 and 46 games in 2017-18.
Might the Lakers have been better off waiting? Chandler had a game-winning alley-oop dunk for the Suns in a game past year as time expired, so he knows exactly how its run.
That raises the question of whether the Lakers might have been better off waiting for another center to come free on the buyout market. Other centers will surely emerge as buyout candidates as their teams fall out of contention.
Signing Chandler doesn't necessarily preclude the Lakers from targeting another center down the road, and they could waive little-used Michael Beasley to create another roster spot.
Adding Chandler is an excellent move for the Lakers at this point in the season. The next chapter of Tyson Chandler's career begins now in LA!