Credit: Stephen R. Sylvanie-USA TODAY Sports

The New York Knicks have officially signed swingman Svi Mykhailiuk, the team announced on social media. Mykhailiuk received a one-year, minimum deal with only $50K guaranteed, Fred Katz of The Athletic tweets.

The 25-year-old, who most recently played for Ukraine’s national team at FIBA EuroBasket, played a modest role in Toronto, averaging 4.6 PPG and 1.6 RPG on .389/.306/.865 shooting in 56 regular season appearances (12.8 MPG).