Lakers news: Jordan Farmar agrees to 1-year deal

Jordan Farmar has agreed to a one-year deal with the Los Angeles Lakers, according to an official release from the organization. Details of the contract are not available, but the deal is expected to be for the veteran's minimum.

Farmar has returned to Southern California, where he grew up, played college ball at UCLA and previously served as the Lakers' backup point guard.

The Lakers were linked to Farmar when free agency began on July 1. There was uncertainty regarding the finances involved with buying out the remainder of his contract with Anadolu Efes Istanbul in Turkey. Specifics behind the buyout were not released, though under the NBA's current CBA, the Lakers could pay up to $500,000 of Farmar's buyout.

Farmar last played with the New Jersey Nets during the 2011-2012 season. He last played for the Lakers in 2010, and was a rotation player during back-to-back championships in 2009 and 2010.

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