The 6-foot-5 guard averaged 14.8 points, 4.1 rebounds and 4.0 assists as a senior at Boise State two years ago. He ranks third on the school's career scoring list with 1,698 career points and left the school as its leader in games played (127) and 3-pointers (266).
The move left the Lakers with 14 players on their roster entering Tuesday night's season opener against Portland.
The Lakers also announced they had picked up the fourth-year option on guard Jordan Farmar's contract. Farmar, a first-round draft pick in June 2006 beginning his third NBA season, could have become a restricted free agent next summer had the fourth-year option not been picked up by this Friday.