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Lakers sign Nick Young to one-year contract

The Lakers signed forward Nick Young to a one-year contract. (Jesse D. Garrabrant/Getty Images)

The Lakers signed forward Nick Young to a one-year contract. (Jesse D. Garrabrant/Getty Images)

The Los Angeles Lakers agreed to terms on a contract Thursday with forward Nick Young, the team announced. Young's agent, Mark Bartelstein, told USA Today's Jeff Zillgitt that the contract was for one year and the veteran's minimum of $1.18 million.

The move came the same day that the Lakers waived forward Metta World Peace via their amnesty provision.

The 28-year-old Young could help fill the void left by World Peace at small forward. He spent last season in Philadelphia with the 76ers, where he averaged 10.6 points per game on 41.3 percent shooting. He averaged nearly 24 minutes per game with the 76ers.

"Nick’s size, ability to create his own shot and athleticism make him a versatile player who will give our lineup multiple looks on the floor,” general manager Mitch Kupchak said in a statement. “He’s an exciting player, and we’re excited to have him on our roster.”

Young grew up in Los Angeles and played basketball in college at the University of Southern California. Bartelstein, his agent, told USA Today that he "will be with the team he always dreamed of playing for."