Lakers' trade for Joe Smith officially announced

The Lakers have officially announced that they traded Sasha Vujacic and a 2011 first-round draft pick to the New Jersey Nets for veteran forward Joe Smith as part of a multi-team trade.

The Lakers also receive Golden State's second-round draft selection in 2011 and Chicago's second-round selection in 2012. Golden State's second-rounder next June might be only a handful of spots lower than the first-rounder the Lakers are giving up in the deal.

The Lakers also received the rights to 6-foot-10 Ukrainian center Sergei Lishouk, 28, who was drafted by Memphis with the 49th pick in 2004 and later had his rights traded to Houston.