Lakers guard Danny Green is also being discussed in connection with Schroder’s potential return.
The deal could be done as early as tomorrow, with the NBA advising teams that the league’s trade moratorium will end at noon ET on Monday.
Schroder, 27, could replace Rajon Rondo, who has a player option worth $ 2.69 million, if the veteran guard decides to go for free agency.
Schroder, who can play two guards, had 18.9 points, 3.6 rebounds and 4.0 assists on 46.9% shots from the field and 38.5 of three with the Thunder last season. . Over seven NBA seasons, two with the Thunder and five with the Atlanta Hawks, he recorded career averages of 14.1 points, 4.6 and 2.8 rebounds.
Fresh off his third NBA title, Green, 33, saw his numbers drop in his first season with the Lakers, averaging 8.0 points, 1.3 steals and 3.3 rebounds with a goal percentage on the field of 41.6 and 36.7% shooting beyond the arc.