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Randle was set to be a restricted free agent. Randle's deal is worth $18 million for two years, according to a report by ESPN's Adrian Wojnarowski.

By adding Rondo, the Lakers got a skilled ball handler and great defender who is not known as a great perimeter shooter. The four-time All-Star played eight-plus seasons in Boston and won an National Basketball Association championship with the Celtics but has been a journeyman of late, spending time with Dallas, Sacramento, Chicago and New Orleans in the past four seasons.

In his one year with the Pelicans, Rondo averaged 8.3 points and 8.2 assists per game in the regular season, and excelled in the playoffs with 10.3 PPG and 12.2 APG.

The Pelicans lost Rajon Rondo to the Lakers earlier on Monday. Los Angeles has renounced Julius Randle, making him an unrestricted free agent. Not only are there questions surrounding how he will return from the achilles he tore in January, but analysts have also waffled on what type of contract they expect him to sign.

ESPN is reporting that DeMarcus "Boogie" Cousins, one the best big men in the game is joining the reigning champion Golden State Warriors. They drafted him seventh overall in 2014, the first of their four consecutive lottery picks. Sources said Pelicans star (and fellow Kentucky alum) Anthony Davis was key in recruiting Randle to agree on the deal that also features a player option for the second year.