4:51pm: The contract with Fudge is official, the Lakers announced (via Twitter).
4:33pm: The Lakers will sign Alex Fudge to a two-way contract, tweets ESPN’s Adrian Wojnarowski. They will open up a two-way slot by waiving Cole Swider, according to Michael Scotto of HoopsHype (Twitter link).
Fudge, a 20-year-old forward, put up modest numbers during his college career at LSU and Florida, averaging 4.6 and 3.9 rebounds over two seasons.
Fudge played for L.A.’s Summer League team, and although his statistics didn’t stand out, he impressed the Lakers enough with his athleticism to earn a two-way opportunity. A previous report had indicated he would be signing an Exhibit 10 contract with the team.
Swider, a 24-year-old small forward, signed a two-way contract with L.A. last summer after going undrafted out of Villanova. He appeared in just seven games for the Lakers, spending most of his rookie year in the G League, where he averaged 17.1 points, 4.8 rebounds and 1.8 assists in 27 regular season games.
Swider’s contract for the upcoming season is non-guaranteed, so L.A. won’t be on the hook for any more money. Colin Castleton and D’Moi Hodge occupy the team’s other two-way spots.