Svi Mykhailiuk has exercised his $1.9 million player option with the Toronto Raptors for the 2022-23 season. Mykhailiuk signed a two-year, veteran minimum deal with Toronto during the 2021 offseason.
Mykhailiuk was part of a training camp battle to make the Raptors roster last preseason. He went in to appear in 56 games. He averaged 4.6 points in 12.8 minutes per game for Toronto last season.