A former first-round pick of the Phoenix Suns, Marshall was waived by the Lakers on Friday. Los Angeles reportedly had every intention of re-signing the 22-year-old but the Bucks thwarted the Lakers' plans.
Marshall averaged 8.0 points and 8.8 assists in 54 games for the Lakers last season after being signed in late December after injuries left Los Angeles thin at point guard.
College teammates with Bucks forward John Henson at North Carolina, Marshall averaged 9.8 assists per game as a sophomore before declaring for early entry into the NBA Draft. Marshall won the Bob Cousy Award in 2012 as the top collegiate point guard in the nation.
The Suns made Marshall the 13th-overall pick in the 2012 draft, but he played in just 48 games and averaged just 3.0 points and 3.0 assists in 14.6 minutes per game as a rookie. Marshall spent a portion of his rookie season in the NBA's Developmental League with the Bakersfield Jam.
Just prior to the start of the 2013-14 season, Phoenix traded Marshall along with Shannon Brown, Marcin Gortat and Malcolm Lee to Washington for the expiring contract of Emeka Okafor and a 2014 first-round pick.
Marshall was waived three days later by the Wizards and joined the Delaware 87ers of the D-League. He averaged 19.4 points, 9.6 assists and 4.7 rebounds per game with the 87ers before the Lakers signed him on Dec. 20.
The Bucks now have three point guards in the roster in Brandon Knight, Nate Wolters and Marshall. Marshall is the best distributor of the bunch and is a low-risk, high-reward gamble for the Bucks. Milwaukee is also expected to finalize a two-year contract with combo guard Jerryd Bayless in the coming days.