Deng signed a four-year deal worth US$72m (NZ$105m) on July 7, 2016. On September 1, 2018 he was waived by the franchise having played 56 games in the 2017 season and just one appearance of 13 minutes the following year.
The Lakers stretched out the deal and continued to pay Deng $14.35m in 2018 while he also signed with the Minnesota Timberwolves who chucked in another $2.4m for his services. He played just 22 games before announcing his retirement in October 2019.
Despite not taking to the court the Lakers still paid him $5m a year in 2020, 2021 and $4.99m this year.
Deng was the sixth highest paid Laker this season, earning three times more than Malik Monk who played in 76 games for the side.
With the regular season ending yesterday, and the Lakers out of the playoffs, Deng is finally off the books.