The Jazz have guaranteed the $3.68MM salary of Svi Mykhailiuk for next season, Michael Scotto of HoopsHype tweets.
Utah had until today to decide whether to guarantee Mykhailiuk’s season or waive him. His contract, which he signed in August, runs through the 2027/28 season but the final two years are also non-guaranteed.
Utah has made several cost-cutting moves this week, including reaching a buyout agreement with Jordan Clarkson on Monday. However, the Jazz obviously believe Mykhailiuk’s low-cost contract is worth holding onto.
He appeared in 38 games this past season, including 13 starts. Mykhailiuk averaged 8.8 points, 2.4 rebounds and 2.0 assists while shooting 39.1 percent from the field and 34.5 percent from three-point distance.
The Ukrainian wing has bounced around the league, as the Jazz are the 28-year-old’s eighth club in seven NBA seasons.