According to Adrian Wojnarowski of ESPN, the Los Angeles Lakers and forward Taurean Prince have reached an agreement on a one-year, $4.5 million contract.

Following stints with the Atlanta Hawks, Brooklyn Nets, and Cleveland Cavaliers, Prince, the No. 12 overall pick in the 2016 NBA Draft, spent the last two seasons with the Minnesota Timberwolves. In order to become a free agency and be able to join with Los Angeles, Prince had a $7.4 million non-guaranteed contract with Minnesota for this season that the Timberwolves finally decided to drop.

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Prince is a classic 3-and-D forward whose repertoire of abilities goes more toward the “3” end of that equation. Last season, he made 38.1% of his long-range attempts, and his career total is 37.2%. Since he has never collaborated with a playmaker like LeBron James, this should provide him the chance to shoot some of his best shots to date.

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Prince is strong, has adequate strength and movement for his position, however he is not an outstanding defender. He should serve as a high-minute reserve or, possibly, a starter for the Lakers, depending on how the rest of the offseason plays out.

For the past two years, Prince has been a dependable rotation player for Minnesota. Since the beginning of the 2021/22 season, he has played in 123 games and averaged 8.1 points, 2.5 rebounds, and 1.2 assists in 19.3 minutes per game while shooting a respectable.460/.378/.799.

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But in the end, the Wolves determined that Prince’s $7.46MM contract for 2023–2024 was too much to pay, so they waived him before the money was fully guaranteed.

Prince was signed by the Lakers using their bi-annual exception. They can still pursue bigger stars because they still have their entire $12.4 million non-taxpayer mid-level exception to use. Additionally, they will be allowed to keep their Bird Rights on important free agents Rui Hachimura, Austin Reaves, and D’Angelo Russell, allowing them to essentially reassemble last year’s squad with marginal gains.