The Los Angeles Lakers have signed guard Dennis Schröder, it was announced today by Vice President of Basketball Operations and General Manager Rob Pelinka. Per team policy, terms of the deal were not released.

“We are extremely pleased to welcome Dennis Schröder back to the Lakers,” said Pelinka. “Not only do Dennis and Coach Ham share a player-coach history together, but they also reflect one another’s mentality of toughness with an extremely competitive edge. Dennis will add both depth and an on-ball defensive presence to our core at the guard position. He is also a proven scorer and playmaker. We are really excited for Dennis to get to camp and get back to work in L.A. after his highly successful run with his national team this offseason.”

Dennis Schröder appeared in 64 games (29 starts) for the Celtics and Rockets last season, averaging 13.5 points (.344 3FG%), 3.3 rebounds and 4.6 assists in 28.7 minutes. Schröder returns to Los Angeles after averaging 15.4 points, 3.5 rebounds, 5.8 assists and 1.1 steals in 61 games (all starts) for the Lakers during the 2020-21 season.

A nine-year NBA veteran, Schröder has appeared in 621 career games (267 starts) for Atlanta, Oklahoma City, Los Angeles, Boston and Houston, holding career averages of 14.2 points, 2.9 rebounds and 4.7 assists in 26.5 minutes. In 52 career playoff games (12 starts) with the Hawks, Thunder and Lakers, he has averaged 13.3 points, 2.4 rebounds and 3.9 assists.

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The Los Angeles Lakers recently posted a status on their official twitter account 12 hours ago.

“OFFICIAL: That's Tuff 🔥💯”

According to TMZ Sports, Schroder did in arguably the biggest fumbling of the bag in modern history.

Dennis rejected the 4-year, $84 mil. contract ($21 mil. average annual salary) and ended up signing a 1-year, $5.9 million deal with the Celtics when all other offers dried up.

His stay in Beantown didn't last long. Dennis -- along with Enes Kanter Freedom and Bruno Fernando -- were traded to the Rockets. He suffered a shoulder injury which ultimately kept him off the court for much of his time in Houston.

Now, the 29-year-old is getting a second chance with LeBron James and the Lakers.

Los Angeles Lakers star LeBron James is happy to have Dennis Schröder back in the Purple and Gold, posting a photo of the two on his Instagram story with the caption:

"Yessir!! So damn happy to have you back!! You're like that! LFG!!!"

Until now, Dennis Schröder is trending for going back to the Lakers after rejecting their offer in 2021.

Moments after getting eliminated by Spain in EuroBasket 2022, Dennis Schröder is back in the NBA after signing a one-year $2.64 million contract with the LA Lakers. After the reports went public, fans went on a frenzy and couldn't help but express their hilarious opinion on the deal.

It may seem hilarious to most people, but there are a few that are glad a team has offered him a contract. Dennis Schröder was incredible for Germany at the EuroBasket. In a tournament that was headlined by MVPs and All-Stars, Schröder managed to lead Germany to a chance to win bronze.

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Sources: TMZ Sports, Sportskeeda, NBA