The Lakers locked in a few more free agents this last week -- while their summer league team finished up in Las Vegas.
Jordan Farmar was officially named a Laker for the second time, once his buyout with Turkish club Anadolu Efes Istanbul went through. The veteran point guard made a significant financial sacrifice to return to the team.
With Farmar, the Lakers have 11 players under guaranteed contract.
Nick Young's contract, which was originally reported as one season, was actually for two years, with a player option on the second.
New Lakers center Chris Kaman said he's surprised and happy to be back in Los Angeles. Coach Mike D'Antoni said the Lakers were lucky to get Kaman and Young in free agency, given the team's financial constraints.
The Lakers are not a reasonable destination for restricted free agent guard Brandon Jennings.
Metta World Peace signed with the New York Knicks after the Lakers waived him using their one-time amnesty provision.
Steve Nash said he could see the Lakers' offense running more fluidly with Pau Gasol inside, instead of the departed Dwight Howard. "ESPYs" host, actor John Hamm, skewered Howard on his departure from the Lakers to the Houston Rockets.
Kobe Bryant, recovering from Achilles' tendon surgery, could be back before opening night -- according to Lakers owner/executive Jim Buss.
Bryant's memorabilia, after a legal battle with his mother, sold for $433,531 via a New Jersey auction. The Lakers guard was in Italy on Saturday, rehabbing his Achilles' tendon at the Milanello Sports Centre while on vacation in Milan.
The Lakers also announced Mark Madsen and Larry Lewis will join D'Antoni's staff as player development coaches.
In Las Vegas, the Lakers beat the Portland Trail Blazers after losing their first game of summer league, improving to 1-1. After defeating the Clippers on Monday, the Lakers climbed to 2-1 -- already better than last year's 1-4 record.
With the Las Vegas summer league moving to a tournament format, the Lakers were seeded eighth out of 22 teams -- taking on the Milwaukee Bucks in the first round. The Lakers beat Milwaukee, 72-68, to advance to the second round of the tournament.
Making it to the "Elite Eight," the Lakers faced a tough battle against the top-seeded Golden State Warriors. In a close, hard-fought game, the Lakers fell, 83-77, to the Warriors -- wrapping their summer league play at 3-2.
Undrafted forward Elias Harris played well enough to warrant a training camp invite, although he doesn't have any promises from the team.
Finally, Forbes ranked the Lakers as the 31st-most valuable sports team, behind a number of soccer, football and baseball franchises.