AUGUST 12: The Jazz officially signed Mykhailiuk over the weekend, per NBA.com’s transaction log.
AUGUST 9: The Jazz plan to sign free agent swingman Svi Mykhailiuk to a four-year, $15MM contract, agent Michael Lelchitski tells Adrian Wojnarowski of ESPN (Twitter link).
A 27-year-old from Ukraine, Mykhailiuk was the No. 47 overall pick of the 2018 draft after playing four years of college ball at Kansas. He has bounced around the NBA over the course of his six seasons, playing for the Lakers, Pistons, Thunder, Raptors, Knicks and Hornets. He spent the 2023/24 campaign with the Celtics, winning an NBA championship as a role player.
In 41 appearances with Boston last season, Mykhailiuk averaged 4.0 PPG and 1.2 RPG while shooting 38.9% from three-point range (10.1 MPG). In 293 career regular season games, including 56 starts (15.8 MPG), Mykhailiuk has averaged 6.3 PPG, 1.7 RPG and 1.3 APG while shooting 36.3% from deep.
Based on the reported terms, Mykhailiuk may have received more than the veteran’s minimum, which would have been worth about $12.3MM over four years for a player with six years of experience. If that’s the case, the Jazz will have to use a portion of their cap room to complete the transaction.
While Mykhailiuk is signing a four-year deal, I’d be a little surprised if more than one year is fully guaranteed, given his previous team history. Still, he could be given a real opportunity to earn minutes with Utah, which only has 10 players on guaranteed standard contracts, plus the reported but not yet official deals for Drew Eubanks and Johnny Juzang. The Jazz also have an unsigned draft pick, former Duke big man Kyle Filipowski, who was selected 32nd overall in June.