AUGUST 25TH, 1:22pm: The deal is official, the team announced.
AUGUST 16TH, 4:33pm: The Lakers have reached a contract agreement with Florida’s Michael Frazier, agent Matt Ramker told Adam Silverstein of OnlyGators.com. Eric Pincus of Basketball Insiders is hearing it is a two-year, minimum-salary deal with a partial guarantee for $50K (Twitter link).
Frazier weighed his options with the Jazz and Sixers before deciding on the deal with the Lakers, Alex Kennedy of Basketball Insiders tweets.
The team signed Jonathan Holmes to a similar deal on Thursday. In addition, Tarik Black, Jabari Brown and Robert Upshaw are expected to battle for two to three open roster spots, tweets former Nets executive Bobby Marks.
The 6’4″ Frazier, who left school as a junior, was not selected in June’s draft. As a sophomore, he set a school record with 118 3-pointers in a season as the Gators reached the Final Four, but missed part of his junior season with a high ankle sprain.