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Toronto Raptors set to waive forward Svi Mykhailiuk

Brooklyn Nets v Toronto Raptors

TORONTO, ON - MARCH 01: Svi Mykhailiuk #14 of the Toronto Raptors warms up prior to their NBA game against the Brooklyn Nets at Scotiabank Arena on March 1, 2022 in Toronto, Canada. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Cole Burston/Getty Images)

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Svi Mykhailiuk has bounced around on the fringe of the NBA for four seasons with the Lakers, Pistons, Thunder and, most recently, Raptors.

But heading into training camp next month, the Raptors will waive Mykhailiuk despite him having a guaranteed contract, reports Shams Charania of The Athletic.

Mykhailiuk had opted into this season and is owed $1.9 million, but the Raptors were willing to eat that to open up the roster spot for another player they want to develop (they have a few coming into camp in D.J. Wilson, Justin Champagnie and Dalano Banton). The Raptors currently have 13 fully guaranteed contracts on the books and will likely pick up one or two of the three players just mentioned (or another player via trade) to round out the roster.

Mykhailiuk is a 6'7" wing who was projected as a sharpshooter and good passer that could play solid defense on the wing. The perimeter defense is there, however, he shot 30.6% on 3-pointers last season for the Raptors, after shooting 33.4% from deep the previous season. He never developed into the role player teams thought he could be.

Mykhailiuk will be an unrestricted free agent, but there may be a more lucrative offer for him in Europe or China than in the NBA.

Mykhailiuk, one of the two Ukrainian-born players in the NBA (Alex Len), has opposed the Russian invasion of his home country.