SATURDAY, 5:42pm: Ebanks has yet to sign the Lakers' qualifying offer because the team asked him to wait as he may be signed-and-traded to the Magic, reports Alex Kennedy of HoopsWorld (via Twitter). Once Ebanks signs, he cannot be traded until December 15.
TUESDAY, 3:59pm: Mark Medina of the Los Angeles Times reports that Ebanks has agreed to accept Los Angeles' qualifying offer and will receive about $1.4MM for the coming year. As I wrote below, I believe Ebanks' qualifying offer was only worth about $1.05MM ($1,054,389). So that may be a typo on Medina's part, or Ebanks may have received a slightly larger guarantee from the Lakers.
Ebanks, 22, received a qualifying offer worth about $1.05MM from the Lakers, but it's not clear whether he'd be accepting that offer or negotiating a slightly larger contract. I imagine it would be the latter, since Ebanks reportedly received interest from a handful of other teams, including the Magic, Thunder, Hawks, Sixers, and Nets.
In his second seasons with the Lakers, Ebanks played in 24 games, starting 12. The 6'9" forward averaged 4.0 points and 2.3 rebounds in 16.5 minutes per game.