The Los Angeles Lakers have agreed to terms with Byron Scott to be their next head coach.

Sources told ESPN that Scott agreed to a four-year, $17 million contract with the Lakers, who hold a team option on the final year of the deal.

Scott confirmed the agreement to KCBS-TV on Saturday night.

"It feels fantastic," he told KCBS-TV's Jim Hill. "This is a dream come true. I always wanted to coach the Lakers, especially when I got to coaching. It's so unreal. I have to thank [general manager] Mitch [Kupchak], Jeanie and Jim Buss to give me this opportunity."

Scott has been the front-runner for the job throughout most of the nearly three-month coaching search, which began when Mike D'Antoni resigned on April 30. His status as a three-time champion with the team during the Showtime era, his close relationship with Kobe Bryant and his familiarity with the current roster after having worked as an analyst all of last season for the Lakers television station, Time Warner Cable SportsNet, gave him the early edge.

Scott then impressed Lakers management during three interviews, the last of which took place after the team's roster had been filled out and Scott was given a chance to articulate his vision for the current personnel.

The Lakers were impressed by Scott's reputation as a disciplinarian, believing that temperament to be the right fit for a young team and able to take some pressure off Bryant in that area.