Carmelo Anthony has agreed to a contract with the Lakers.
According to ESPN's Adrian Wojnarowski, the agreement is for a one-year deal.
It was reported Saturday that the Lakers were "very interested" in signing Anthony, per ESPN's Jordan Schulz.
Anthony, 37, spent the last two seasons in Portland and was signed as a free agent after shooting 40.9% from the three-point-line, a career high, and averaged 13.4 points per game which tied a career-low.
The 10-time All Star has never won an NBA title but may get his chance on a team that features his close friend LeBron James, who was picked just two picks before him in the 2003 NBA draft.