First the team signed the NBA's current sixth man of the year, guard Lou Williams for three seasons, while also giving rookie guard/forward Anthony Brown a three-year contract (with the first two seasons fully guaranteed).
The Lakers cashed out what was roughly $25 million in cap space, taking on two-time All-Star center Roy Hibbert from the Indiana Pacers in trade. Hibbert waived over $2.2 million of his trade bonus to join the Lakers.
The NBA set the salary cap to $70 million, a jump over the league's projection of $67.1 million, helping the Lakers to preserve an additional spending tool, their $2.8-million room exception.
Brown was injured in practice, knocking him out for at least the first two games with an eye injury.
Coach Byron Scott said he's looking forward to seeing Randle back on the court, after the power forward was knocked out for the season with a broken leg suffered on opening night.
The Lakers' back court pairing of Russell and Clarkson created some excitement in summer league. Clarkson carried much of the team's scoring load as they split their first two games, although the team lost the opener to the Minnesota Timberwolves.
Russell was aggressive but turnover-prone the following night, while forward Nance gave the team a spark in a win over the Philadelphia 76ers, earning the fan support of the very pro-Lakers Las Vegas crowd.
Meanwhile, forward Wesley Johnson left to sign with the Clippers, Jeremy Lin joined the Charlotte Hornets, Wayne Ellington the Brooklyn Nets, Ronnie Price the Phoenix Suns, Ed Davis the Portland Trail Blazers and Jordan Hill will reportedly sign with the Pacers.