The deal is for a veterans minimum of $2.3 million, Bauman confirmed on Twitter. Sources told ESPN the deal is not fully guaranteed.
Bogut suffered a broken leg during his Cleveland Cavaliers debut in February and missed the rest of the season.
Both of Kobe Bryant’s jerseys — Nos. 8 and 24 — will be retired by the Lakers before the team’s game against the Warriors on Dec. 18. Bryant, who retired after the 2015-16 season, played 20 seasons with the Lakers, winning five championships.
In a statement issued Wednesday, Pacers owner Herb Simon said the team agreed with the league’s decision to fine the Lakers over the Paul George tampering incident and wants to move on.
He had earlier reached a buyout agreement with the Philadelphia 76ers, then had several contenders vying for his talents — a 7-foot rim protector with playmaking abilities.
He ultimately chose the Cavaliers, but his stint there ended just 58 seconds into his debut. Bogut collided with the Miami Heat’s Okaro White and suffered a fractured left tibia.
At the time, the Cavs said Bogut would not have surgery but would instead undergo “an extended period of immobilization and healing stimulation.”
Bogut, 32, holds career averages of 10.0 points, 8.9 rebounds and 1.6 blocks across parts of 11 seasons with the Milwaukee Bucks, Golden State Warriors and Dallas Mavericks.