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Walton, 36, returning to Lakers as head coach

Luke Walton has agreed to be the Los Angeles Lakers' new head coach, with the sides agreeing to a multiyear deal Friday, the team said.

Walton spent nine seasons with the Lakers, winning two championship rings as a smart, steady contributor. Three years after his retirement, the 36-year-old Southern California native is back to become the 26th head coach in franchise history.

"I loved everything about my time at Golden State and learning from Steve (Kerr)," Walton told ESPN. "I'll forever be grateful to him, the organization and the team. But I have always dreamed of being a head coach and the chance to do that for an organization like the Lakers doesn't come around very often.