Iguodala took a step back offensively this season, averaging 5.7 points and 3.7 rebounds while shooting 33.3 percent from 3-point range.
The Nets preferred not to partner Russell with Kyrie Irving, so this agreement is ideal for them.
Golden State will also send Memphis a 2024 first-round pick, which will be unprotected if it’s not conveyed by 2026, according to ESPN.
The Lakers and Russell share a mutual interest in a reunion, the report noted, and the team has the cap space to sign him.
The futures of Kevin Durant, Kawhi Leonard and Kyrie Irving are the major talking points ahead of the start of NBA free agency.
The Suns “are the team that really wants” to add the 23-year-old guard, one league executive recently told The Athletic.
The Nets are expected to land Kyrie Irving, which would make D'Angelo Russell expendable and available for an L.A. return.
D'Angelo Russell returning to the Los Angeles Lakers after leaving in 2017 would be good for both parties, according to Magic Johnson.
“He’s better now,” Johnson told The Athletic on Monday at the NBA awards show. “He’s a different player. He’s more mature.”