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Luke Walton officially named as the head coach of the Los Angeles Lakers

The Arizona alum takes over the NBA's most well-known franchise

Kelley L Cox-USA TODAY Sports

Luke Walton is now a head coach in the National Basketball Association.

The Los Angeles Lakers, less than a week after firing Arizona State alum Byron Scott, have named Walton's as the team's next head coach, it was officially announced Friday night.

"We're excited to bring Luke back to Los Angeles, where we feel he's going to start an outstanding coaching career," said Lakers General Manager Mitch Kupchak in a statement. "He's one of the brightest young coaching minds in the game and we feel fortunate that he'll be leading the on-court future of our team."

The former Arizona Wildcats' star has been an assistant coach with the Golden State Warriors for the past two seasons, including a temporary stint as the team's interim head coach when Steve Kerr was recovering from back surgery. During that stint, Walton led the Warriors to a 39-4 record, helping the team reach a league-record 73 wins.

Walton's agreement with the Lakers is a multi-year contract, though the financial details have yet to be disclosed. He will start once the Warriors' current playoff run is complete.

Walton, 36, played for the Lakers from 2003-2012, and won two championships with the organization.

The Lakers went 17-65 in 2015-16, and are in the midst of a rebuild, though they will have a league-high $62 million in cap space this summer.