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Reports: Jordan Farmar returning to Lakers on one-year deal

Jordan Farmar is returning to the Lakers next season. (Jim Rogash/Getty Images)

Jordan Farmar is returning to the Lakers next season. (Jim Rogash/Getty Images)

The Los Angeles Lakers have come to terms on a one-year deal with guard Jordan Farmar, according to multiple reports. The Lakers must negotiate a buyout with Farmar's Turkish club, Anadolu Efes, which is believed to cost the Lakers up to $500,000.

The two sides agreed to a one-year, veteran minimum worth $1 million after Farmar agreed to bow out of a three-year, $10.5 million deal he signed with Anadolu Efes last summer. Farmar, 26, averaged 13.8 points and 3.9 assists in 29 games played overseas last season.

Farmar told ESPNLosAngeles.com that he's "been a Laker since I was born" and his decision to return to the NBA was based solely on returning to the Lakers even on a minimum deal. Farmar, a Los Angeles native, was drafted in the first round by the Lakers in 2006 out of UCLA. He was a member of the Lakers' back-to-back championship teams in 2009 and 2010.

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From his interview with ESPNLosAngeles.com:

"I've been a Laker since I was born," Farmar said. "I grew up a Laker fan, so regardless of where I am or who I'm playing for, or what I'm doing in life, I'm always going to stay connected to what's going on here [in Los Angeles]."