Lakers Sign Ronnie Price

9:27pm: Price’s deal is non-guaranteed, Sam Amick of USA Today reports (Twitter link).

2:59pm: The Lakers have signed point guard Ronnie Price, the team announcedSam Amick of USA Today reported the deal minutes before the team sent out its release. The contract covers one year at the minimum salary, according to Amick, but it’s unclear whether it contains any guaranteed money for the nine-year veteran.

Price is the third player among the handful who worked out for the Lakers earlier this month to come to terms with the club, joining former Kings Jeremy Tyler and Wayne Ellington. The 31-year-old Price had been a free agent since early July, shortly after the Magic waived him rather than guarantee his minimum salary. The Mike Higgins client put up his lowest scoring average since his rookie year this past season, but he matched a career high with 2.1 assists per game. Price has spent his NBA career as a backup, never seeing more than 14.4 minutes per contest in a single season.

Only 13 Lakers are known to have fully guaranteed deals, so it wouldn’t be too difficult to envision Price on the regular season roster. He’ll compete against Ellington, Tyler, and rookies Keith Appling, Jabari Brown and Roscoe Smith to make it to opening night.

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