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Per ESPN, the Cleveland Cavaliers have signed veteran guard Kevin Pangos to a two-year deal worth $3.5 million. Only the first year of the deal is guaranteed for the 28-year-old Pangos, who played last season for Zenit St. Petersburg in Russia.
Cleveland has agreed to a two-year $3.5M contract with point guard Kevin Pangos, agent Zach Kurtin of @PrioritySports tells ESPN. The first year salary of $1.67M is fully guaranteed.
— Bobby Marks (@BobbyMarks42) September 8, 2021
Pangos played collegiately for Gonzaga and was the West Coast Conference Player of the Year in 2015. He went undrafted in the 2015 NBA Draft and has spent his entire professional career playing overseas. Prior to St. Petersburg, Pangos played for Gran Canaria in Spain, Žalgiris Kaunas in Lithuania and Barcelona in Spain. He is a native of Holland Landing, Ontario, Canada.
Last year, Pangos was first-team All-Euroleague while averaging 13.5 points and 6.7 assists while shooting 52.2% from the field and 39% from three.
On the Cavs, Pangos probably won’t play a major role. The team has Darius Garland, Collin Sexton and Ricky Rubio at point guard already. (Although Sexton certainly will start at the two-guard spot and play less traditional point guard.) But if Garland were to get injured or Rubio gets hurt or is traded, Pangos feels like a capable fill-in option. He also could be an affordable backup guard option after this season if Rubio heads elsewhere when his contract runs out.