Ariza will be waived so the Lakers can add a younger player, Shams Charania of The Athletic reports.
The veteran appeared in just 24 games for the Lakers, averaging 4.0 points, 3.4 rebounds and 1.1 assists in 19.3 minutes. With the team out of playoff contention, he likely wasn't going to see more playing time, so the organization will opt to get a look at some younger players.