On Monday, his contract became guaranteed for $581,692, locking in almost 55% of his total salary.
The sixth-year, 27-year-old guard is averaging 7.5 points a game through 10 appearances, shooting 50.0% from the field and 36.7% from three-point range.
Ellington recently returned from a leave of absence, after the tragic shooting death of his father, Wayne Ellington Sr.
A smaller portion of Ellington's contract ($315,646) was guaranteed on Nov. 15. His full salary locks in if he's still on the roster as of Jan. 10.
Veteran point guard
The team currently has the league maximum of 15 players on the roster, but with four players out with extended injuries, the league is expected to grant the team a hardship exception to temporarily add a 16th. Rookie Julius Randle (leg),
With Ellington and Price's full salary, the Lakers' total payroll for the 2014-15 season is $69,699,818.