CLEVELAND – The Cleveland Cavaliers have signed point guard Kevin Pangos for two years, his agency announced Wednesday on Twitter.
The contract is worth $ 3.5 million, Priority Sports agent Zach Kurtin told ESPN’s Bobby Marks. Pangos’ first year salary of $ 1.67 million is fully guaranteed.
The 28-year-old Canadian has spent the past six years playing in Europe.
“Hard work pays off,” Priority Sports tweeted after Pangos signed on. The Cavaliers have not announced the signing.
Pangos most recently played for Zenit Saint Petersburg, where he averaged 13.5 points and 6.6 assists while being named All-EuroLeague.
One of Cleveland’s priorities this offseason was adding depth to its back court. The Cavaliers acquired veteran Ricky Rubio this summer in a trade with the Minnesota Timberwolves, and Pangos gives them another experienced point guard.
Pangos can also help guide young point guard Darius Garland, who is heading into his third season in the NBA.
Pangos played college ball at Gonzaga, where he set the school record with 322 3-pointers, a record that remains. The 6-foot-2 Pangos was not drafted after he left the Zags in 2015.
He played in Canada’s national program and helped his country land a spot in the 2019 FIBA World Cup.
Associated Press contributed to this report.