Free agent forward Dorian Finney-Smith is leaving the Lakers in order to sign a four-year, $53MM contract with the Rockets, sources tells Shams Charania of ESPN (Twitter link).
The agreement includes a trade kicker and a mutual option (ie. a non-guaranteed player option) in year four, tweets Michael Scotto of HoopsHype.
Finney-Smith will likely be signed using Houston’s non-taxpayer mid-level exception. A full mid-level deal, starting at the maximum $14.1MM, would be worth $60.6MM, so the Rockets should still have a small portion of the exception left over after signing Finney-Smith, assuming the contract has a standard ascending structure.
Finney-Smith, who was traded from Brooklyn to Los Angeles last December, appeared in 43 games for the Lakers in 2024/25, making 20 starts. He averaged 7.9 points, 3.9 rebounds, and 1.4 assists in 28.8 minutes per game, posting a shooting line of .442/.398/.714.
While his box-score numbers certainly don’t jump off the page, Finney-Smith’s midseason arrival helped fuel a defensive turnaround in L.A. and his reliable three-point shooting helped space the floor on offense.
His impact was reflected by his on/off-court numbers — no Lakers rotation player had a better regular season net rating than Finney–Smith’s +11.1 mark in 1,239 minutes. The club had a -3.5 mark in the 1,214 minutes he didn’t play after the trade.
In Houston, he’ll serve as the type of three-and-D wing the Rockets lost when they agreed to trade Dillon Brooks to Phoenix in the Kevin Durant blockbuster.
It’s a major loss for the Lakers, given the role Finney-Smith both on and off the court for the franchise. As Dan Woike of The Athletic tweets, the 32-year-old was a popular presence in the locker room and was well-liked by Luka Doncic. However, a four-year deal for Finney-Smith didn’t fit into L.A.’s long-term plans.