Lamb announced his retirement from basketball Wednesday, ESPN's Adrian Wojnarowski reports.
Lamb was waived by the Kings on Monday.
Lamb is expected to sign with the Kings on Friday, James Ham of ESPN 1320 Sacramento reports.
Lamb racked up 15 points (5-9 FG, 2-4 3Pt, 3-3 FT), five rebounds, five assists, one block and one steal in 23 minutes during Tuesday's 123-109 loss to New Orleans.
Lamb (hamstring) is available for Wednesday's game at Houston, Jason Anderson of The Sacramento Bee reports.
Lamb (hamstring) will be a game-time decision for Wednesday's game against the Rockets, Jason Anderson of the Sacramento Bee reports.
Lamb (hamstring) has been ruled out for Wednesday's game against Houston, Jonathan Feigen of the Houston Chronicle reports.
Lamb (hamstring) is listed as questionable for Wednesday's game against the Rockets.
Lamb (personal) isn't on the injury report for Sunday's game against the Suns.
Lamb (personal) has been ruled out for Friday's game against the Celtics.