Chandler is coming off of a season in which he averaged 6.5 points, 9.1 rebounds and 0.6 blocks per game as the starting centre for the Suns.
James' left Cleveland in July after signing a four-year, $154 million which gives new life to the Lakers, a storied franchise that dominated for periods of the 1980s and 2000s but missed the playoffs in the last five seasons. Chandler's playing time has diminished after the team drafted Deandre Ayton with the No. 1 overall pick in the 2018 NBA Draft.
Chandler is in his 18th National Basketball Association season.
Chandler's rebounding prowess in particular would be a welcomed addition to a Lakers team that now has one of the worst defensive rebounding rates in the league. They need a big man that can fill in for JaVale McGee for 12-18 minutes per game, and Chandler can do that on the court while giving the Lakers another veteran presence in the locker room.
The prorated minimum for Chandler once he clears waivers will be $2.1 million. A person with direct knowledge of the situation confirmed the buyout plan to The Associated Press on Saturday, Nov. 3, speaking on condition of anonymity because the Suns had not yet revealed it publicly.
"We love the fact that we're going to get another veteran", Lakers star LeBron James said. Though Moritz Wagner could also potentially log minutes at the 5, his ongoing development will be a long process for the Lakers.
Phoenix's first-year head coach Igor Kokoskov said the reason why Chandler did not play was a "matchup decision".