According to Sam Amico of Fox Sports, the Los Angeles Lakers are interested in picking up a free agent point guard who can give them depth and add some playoff experience to the extremely young point guards of the Los Angeles Lakers. In fact, he would be one of the few players on the Los Angeles Lakers to ever play in the postseason, especially after the loss of Carlos Boozer to free agency.
The Los Angeles Lakers are pursuing free agent point guard Norris Cole, who last played for the New Orleans Pelicans. Cole is a restricted free agent and can match all of his offers, but Pro Basketball Talk reports that the Pelicans are also looking to sign Jason Terry. While Cole could still get minutes if they were to sign Terry, they would be more limited, and their backcourt would definitely be crowded with Jrue Holiday there as well.
The New York Knicks and Philadelphia 76ers have interest in Cole as well, per Amico.
The Knicks already have a veteran and a young point guard, in Jose Calderon and and Jerian Grant respectively.
The Houston Rockets might also be a potential landing spot for Cole, since they need to look for depth behind Ty Lawson and Patrick Beverley. Beverley has been dealing with injury problems and Lawson has off-the-field issues to fix. Meaning that Cole could be looking at some extended playing time if he were to go to Houston.