The LA Times writes that the Lakers announced Friday they had signed Mitch Richmond and Samaki Walker, turning what had started as a miserable off-season into a better one.
Not announced were the terms, but Richmond, a five-time all-star, accepted a one-year deal for the bargain price of $1 million.

The LA Daily News reports that Walker signed for two years and just under $3 million, the second year at his option. Walker might start at power forward, because Horry has made it clear for years he prefers coming off the bench.

The Lakers now have 12 players under contract. With Fisher and Madsen out, they expect to start the season with 14, adding one more guard and one more big man. The top candidates for the guard spot are Mike Penberthy, last season's surprise three-point weapon, and free agent Fred Hoiberg, a good shooter with more size and game.