According to ESPN’s Adrian Wojnarowski, the Los Angeles Lakers have renounced the rights to forward Julius Randle, which immediately makes him an unrestricted free agent.
The Lakers have renounced Julius Randle, making him an unrestricted free agent, league source tells ESPN.
— Adrian Wojnarowski (@wojespn) July 2, 2018
This move seems out of nowhere ( to those not in the know) and it is likely not the endgame but a step in a larger overall plan.