The Los Angeles Lakers have reportedly agreed to a four-year, $16 million contract with veteran point guard, Steve Blake. Blake refused offers from five other teams for a chance to play alongside Kobe Bryant as the Lakers go for a third consecutive championship next season.
The highly-sought after backup point guard will earn $4 million salary in each of the four seasons of his contract, and all of the money is guaranteed.
It is not yet clear whether Blake will come off the bench or start for the team, as this year's starting point guard Derek Fisher has not been resigned by the team.
Blake is a seven-year veteran who was considered among the few quality point guards available in this year's free agent market. While many other teams are looking to land big-name free agents like LeBron James, Dwyane Wade and Chris Bosh the Lakers instead found themselves trying to shore up their one major weakness.
Going into the offseason the defending champions understood that they needed to find a solution to their point guard problem. Even if Fisher does resign with the team, he is no longer considered capable of playing starters minutes throughout the duration of an entire season. The uncertain status of Jordan Farmar, who has expressed interest in starting even if it is for another team, made Blake a "must-get."
Blake averaged 6.8 points and 6.1 assists last season with the Clippers, and hit 43% of his three pointers. While a little small at only 6-3, he is considered a solid defender and should be no worse at guarding the elite point guards of the league than the players currently on the Lakers roster.
The Lakers will be Blake's sixth team after time with Washington, Milwaukee, Denver, Portland and the Clippers.