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.

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

Former Reading High basketball star Lonnie Walker IV has signed a two-year contract with the Sixers, according to a report by ESPN. The network reported the deal is worth $3.7 million, according to his agent George S. Langberg of GSL Sports Group on Tuesday.