Veteran guard Lonnie Walker IV is returning to the NBA and will sign a two-year, $3.7 million deal with the Philadelphia 76ers, according to Shams Charania. Walker, who had been playing overseas for BC Zalgiris in Lithuania, had an NBA out in his deal which had to be activated by Feb. 18.

The Sixers are set to make a post-deadline pickup in Lonnie Walker IV. ESPN’s Shams Charania first reported Tuesday that Walker has agreed to join the Sixers on a two-year, $3 million deal. A source told NBC Sports Philadelphia the contract is for the rest of this season with a team option next year.

Lonnie Walker IV said the 76ers called him just before his buyout deadline. He's thrilled to return to the NBA.

Marc Stein reported in late December that the Sixers, Timberwolves, Nuggets, Celtics and Heat were “potential suitors” for Walker. According to Stein, Tuesday was the buyout deadline in Walker’s contract with Lithuanian club Žalgiris Kaunas.

A Berks County native and basketball journeyman is returning to the NBA after starting the year in Lithuania and the EuroLeague. According to Shams Charania on X, Lonnie Walker IV has agreed to a two-year,

Walker, who played AAU basketball for Delaware County-based Team Final, will sign a deal that contains a team option in the second year.

Lonnie Walker IV gives his reaction to joining the Philadelphia 76ers and reveals the message from the coaching staff.