Monroe and the team reportedly agreed on a three-year deal worth $50 million, with a player option in the final year. Monroe can't officially sign with the Bucks until July 9.
The Lakers met with Monroe on Wednesday in Washington, D.C., before returning to Los Angeles to meet with DeAndre Jordan.
The Lakers were all in on recruiting Aldridge, but their basketball presentation fell flat and no longer are contenders for the four-time NBA All-Star's talents. The San Antonio Spurs and Phoenix Suns, along with the Portland Trail Blazers, appear to be the most likely to land Aldridge, though he still has more meetings with potential suitors.
Davis has reportedly agreed with the Portland Trail Blazers on a three-year contract worth $20 million. So he's out now too.