The Lakers have waived forward Louis King, one day after signing him, per the NBA transactions log.

King, 24, is 6-7 and appeared in one game last season with the 76ers after signing a two-way contract in December. Most of his time was spent with the Delaware Blue Coats of the G League, where he averaged 16.5 points, 5.0 assists and 4.7 rebounds in 32 games. Philadelphia opted not to re-sign him over the offseason.

King has also spent time with the Kings and Pistons since entering the NBA in 2019, with career averages of 4.8 points and 1.6 rebounds. He took part in a workout for the Celtics in August but was not signed.

King is highly likely headed to the South Bay Lakers soon. If so, he would become eligible for a $75,000 bonus should he remain with the franchise for 60 days.

More must-reads:

TODAY'S BEST
Welcome to the WNBA: Caitlin Clark sets infamous record in debut
Jalen Brunson leads Knicks to blowout win in Game 5 vs. Pacers
Nikola Jokic torches DPOY to lead Nuggets past Wolves in Game 5
Oilers use late heroics to tie Canucks at two games each
Watch: Astros pitcher ejected after foreign substance check
Kirk Cousins not angry with Falcons because winning is 'hard enough'
Bronny James has surprising comments on potentially teaming up with LeBron
Bills add two-time Super Bowl champ to new-look WR room
Brewers lose team-leading home run hitter to injured list
Sandy Alderson denies involvement in Mets, Billy Eppler IL controversy
Twins reliever shut down for six weeks with patellar tendon tear
Chris Finch throws shade at Nuggets star over Rudy Gobert’s fine
Cardinals head coach warns not to bet against Kyler Murray
Details emerge on Jason Kelce’s role at ESPN
Rangers defenseman wins Mark Messier Leadership Award
Ex-NFL head coach takes over as Arena Football League commish
Yankees young stud takes major step in return from injury
See top groupings for Rounds 1 and 2 at 2024 PGA Championship
Former Bruins winger dead at 75
Super Bowl-winning safety plans to retire after 2024 season