Luke Walton has agreed to become an assistant coach with the Memphis Tigers until the NBA lockout concludes.

Walton is owed $11.5 million by the Lakers over the next two seasons.

"Luke is going to bring great excitement and great energy to the Tigers program, and we're thrilled to have him," University of Memphis Coach Josh Pastner said. "Luke is someone who has not only played for, but also learned from, arguably one of the greatest coaches in basketball history in Phil Jackson. Luke's also played with and against the best of the best at the highest level of basketball in the NBA."

Walton, like Pastner, is an alum of Arizona.