David Aldridge of NBA.com first reported the possibility on Tuesday night, and now John Gambadoro of Sports 620 KTAR in Phoenix is the first to report that the Suns have indeed agreed to send free-agent point guard Steve Nash to the Los Angeles Lakers in a sign-and-trade.
Nash apparently will be slotted into the $8.9 million trade exception the Lakers received when they sent Lamar Odom to the Dallas Mavericks before last season. Nash's agent, Bill Duffy, told Marc Spears of Yahoo! Sports that Nash will get a guaranteed three-year, $27 million deal.
Paul Coro of the Arizona Republic has details on the draft picks headed back to Phoenix:
Spears adds that the Suns will also get $3 million from L.A.
Despite a report earlier in the day that Nash favored the New York Knicks, Gambadoro says that is not true.