UPDATE: Sam Amick of NBAFanHouse is reporting the 4-year deal is worth $16 million. No options.
Steve Blake has agreed to a four-year deal with the Lakers, according to a report from John Canzanao.
RealGM Note: Blake bounced around the NBA for several seasons before finding a home with the Blazers in his second tenure. He was dealt to the Clippers shortly before the 2010 NBA deadline in a deal that brought Marcus Camby to Portland.
The point guard position was one area where the Lakers addressed as a high priority this offseason.