Rondo originally joined the Lakers on a one-year deal after superstar forward LeBron James signed with Los Angeles last summer. The veteran guard had a shaky start to the season when he was suspended three games for his role in a fight while playing against the Houston Rockets in October.
Along with the suspension, Rondo suffered a pair of hand injuries that sidelined him. The guard missed 36 games during the season.
Rondo was effective when he did play, averaging 9.2 points, 8.0 assists and 5.3 rebounds in 29.8 minutes per game in the 2018-19 campaign. He played in 46 regular-season games, garnering 29 starts.
The 33-year-old guard is entering his 14th season in the NBA. Rondo is a four-time All-Star selection and holds career averages of 10.4 points, 8.5 assists, 4.8 rebounds and 1.7 steals per game.