Luke Walton will sign a five-year contract at $5-to-6 million annually with Lakers

Luke Walton will sign a five-year contract with the Lakers.
The first four years will be guaranteed while the 5th year is an option.
According to ESPN Walton will earn $5-to-6 million per season including incentives.

ESPN sources say Luke Walton lands a five-year deal with the Lakers (four years guaranteed) at $5-to-6 million annually including incentives

— Marc Stein (@ESPNSteinLine) April 30, 2016