Marcus Allen

After signing him on Thursday, the Lakers have waived guard Marcus Allen, the team announced today in a press release.

Allen, who played his college ball at Stanford, spent last season with the South Bay Lakers, L.A.’s G League affiliate. His brief stint on the NBA roster this week was seemingly designed to ensure he gets an Exhibit 10 bonus worth up to $50K if he spends at least 60 days with South Bay again this year.

In his lone preseason appearance for the Lakers on Friday, Allen had four points, an assist, and a pair of steals in 21 minutes.

Los Angeles now has 19 players under contract.

Marcus Allen has signed a contract with the Lakers, the team announced in a press release. Reggie Hearn, who signed with the team on Tuesday, was waived to make room on the 20-man roster.

Allen spent last season with the G League’s South Bay Lakers, averaging 8.5 points, 2.5 rebounds and 1.1 assists in 43 games. The former Stanford guard also joined the Lakers for Summer League play.

Allen appears ticketed for the G League again. L.A.’s roster for the start of the season is virtually set with 14 players on guaranteed contracts and both two-way slots already filled.