Ron Artest leaving the Rockets to sign with Lakers

Ron Artest - Lakers

Ron Artest says he’s leaving the Houston Rockets to join the Los Angeles Lakers.

Artest said he met with Lakers owner Dr. Jerry Buss on Thursday and he had also spoken with Lakers coach Phil Jackson.

ESPN’s Chris Broussard reports that Artest has agreed to sign a three-year contract with the Lakers amounting to approximately $18 million.

With Artest’s arrival, the Lakers would basically end the their pursuit of Trevor Ariza, who was reportedly met with the Rockets and has been offered a contract.

“I understand that they did sign Ron Artest,” Ariza said. “They did what they had to do. I understand it’s a business.”