LOS ANGELES -- The Los Angeles Lakers have reached an agreement to retain free-agent swingman Xavier Henry, a league source told ESPNLosAngeles.com on Friday.

Henry, 23, will sign a one-year deal for the veteran's minimum, worth $1,063,384, according to the source.

He took to Twitter to announce the news.

After being drafted No. 12 in 2010 by Memphis, Henry has played for three teams in his four seasons in the NBA.

The Lakers experimented a bit with their roster last season by bringing in several former lottery picks on one-year deals in hopes of realizing the potential they showed leading up to the draft, and Henry panned out.

He averaged career highs in points (10.0), rebounds (2.7), assists (1.2), steals (1.0) and minutes (21.1) per game -- all while shooting a career-best 41.7 percent from the field in 43 games (making five starts) -- before having his season cut short because of a torn ligament in his left wrist, and a bone bruise and abnormality of the meniscus in his right knee.