Lakers Sign Jim Jackson; Waive Forward Slava Medvedenko

EL SEGUNDO, Calif., March 6 -- The Los Angeles Lakers have signed free agent guard/forward Jim Jackson it was announced today by General Manager Mitch Kupchak. Per team policy, terms of the agreement were not released. The Lakers have also waived forward Slava Medvedenko.

Jackson, a 13-year NBA veteran, has career averages of 14.5 points, 4.7 rebounds and 3.3 assists in 872 games. Jackson was waived by the Phoenix Suns on March 1.

Originally selected in the first round (fourth overall) by the Dallas Mavericks in the 1992 NBA Draft, Jackson has played for 11 NBA teams over his professional career. Jackson appeared in 27 games this season with the Suns, averaging 3.7 points, 2.4 rebounds, 1.1 assists in 15.6 minutes.

“Jim Jackson has been a solid player for many years in the NBA and we feel he’ll be a good addition to our team,” said Kupchak. “Being such a young team, he gives us veteran savvy as well as the ability to play multiple positions.”

To clear a spot on the roster for Jackson the Lakers have waived forward Slava Medvedenko. The 6-10 forward played in only two games this season before injuring his back during the Lakers’ game at Minnesota on November 9, 2005.

Medvedenko, a five-year NBA veteran, was a member of the Lakers 2001 and 2002 Championship teams and has career averages of 5.4 points and 2.9 rebounds.

“We’re sorry to have to let Slava go even though it was unlikely that he would’ve been able to play the rest of the season because of his injury,” said Kupchak. “He’s been a positive addition to us for six years, including helping us win two championships. We thank him for his contributions and wish him well.”