Lakers Sign Sviatoslav Mykhailiuk To Three-Year Deal

1:18pm: The Lakers have officially signed Mykhailiuk, the team announced today in a press release.

12:27pm: The Lakers are in the process of finalizing a contract for second-round pick Sviatoslav Mykhailiuk, reports Shams Charania of Yahoo Sports (Twitter link). According to Charania, it’ll be a three-year deal worth approximately $4.6MM, and will include a team option.

Mykhailiuk, the 47th overall pick of this year’s draft, is coming off a successful senior year at Kansas in which he averaged 14.6 PPG, 3.9 RPG, and 2.7 APG while shooting 44.4% on three-pointers. The 21-year-old shooting guard has looked good in Las Vegas so far, averaging 16.0 PPG on 52.2% shooting in two Summer League contests.

If the terms Charania reported are accurate, it’s an impressive deal for Mykhailiuk. Fellow second-rounder Isaac Bonga only received about $4.1MM on his new three-year deal with the Lakers, and Bonga was selected eight spots earlier at No. 39 overall.

The Lakers still have cap room available, so they’ll use some of that space to finalize Mykhailiuk’s contract.

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