The University of North Carolina product previously spent one season (2014-15) with the Lakers, averaging 10.0 and 3.2 rebounds per game while shooting 37.0 percent from three.
Ellington spent two and a half seasons with the Heat after signing with the team in the summer of 2016. During his tenure with the Heat, Ellington averaged 10.5 points and 2.4 rebounds per game while shooting 38.4 percent from three and 86.1 percent from the free-throw line.
Last season, Ellington set the Heat franchise record for most 3-point field goals in a season with 227. However, this season, his role has diminished as he has only appeared in 25 of the Heat’s 52 games.
Should he end up signing with the Lakers, Ellington would fit in well with the team as a solid role player coming off the bench.
For his career, the former first-round pick in the 2009 NBA Draft has averaged 8.0 points per game and shot 38.0 percent from three and 85.2 percent from the free-throw line.