Nick Smith Jr. Signs Two-Way Deal With Lakers

Smith was waived by the Hornets last week due to Charlotte’s roster crunch and glut of guards. The 21-year-old was the No. 27 overall pick in the 2023 draft. He appeared in 60 games last season, including 27 starts, and averaged 9.9 points, 2.1 rebounds and 2.4 assists per game.

Smith had been on a guaranteed standard contract prior to being waived but was eligible to sign a two-way contract as a third-year player. He’ll fill the Lakers’ open two-way contract slot alongside Christian Koloko and Chris Manon while also filling the 21st spot on their preseason roster. He replaces Kelley, who was signed late last month on an Exhibit 10 deal.

Kelley appeared in 11 NBA games (two starts) last season with the Pelicans and Mavericks, averaging 3.1 points and 3.5 rebounds in 11.5 minutes per night. He was also in the Lakers organization last season, though he didn’t appear in an NBA game with them. He was on their training camp roster but was waived before opening night. He then joined their G League affiliate.

With the South Bay Lakers last season, the 27-year-old appeared in 32 games (27 starts) and averaged 11.5 points on a career-high 68.2 percent shooting from the field, 7.3 rebounds, 1.5 assists and 2.4 blocks in 26.7 minutes.

If he clears waivers and rejoins South Bay, he’ll be eligible for a bonus worth up to $85,300 if he remains with that team for at least 60 days.