The Lakers agreed to terms on a one-year contract with free agent forward Taurean Prince, a source confirmed to the Southern California News Group.

ESPN reported, citing Prince’s agents at Creative Artists Agency, that the 29-year-old forward and the Lakers agreed to a one-year, $4.5 million deal not long after the free agency negotiating window officially opened on Friday at 3 p.m. PT.

Prince averaged 9.1 points and 2.4 rebounds and 1.6 assists in 22.1 minutes per game with the Minnesota Timberwolves last season, shooting 38.1% from 3-point range and 46.7% overall. He has career averages of 10.4 ppg and 3.7 rpg while shooting 37.2% from behind the arc.

Prince, who played for the Atlanta Hawks as a rookie when Lakers head coach Darvin Ham was an assistant on that coaching staff, can’t officially sign the contract until 9:01 p.m. PT on July 5, after the free agency moratorium period ends.

The Lakers did lose free agent forward Troy Brown, who reportedly agreed to a one-year deal with the Minnesota Timberwolves.

More to come on this story, which will be updated.

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