Lakers Sign Campbell to Three-Year Deal

A day after losing one player, the Lakers got two others in the fold Wednesday by signing Elden Campbell and reaching an agreement in principle with Sedale Threatt.

Campbell, expected to take over at power forward for A.C. Green, who signed with Phoenix on Tuesday, was a restricted free agent.

The Lakers are investing about $6 million over the next three years in hopes that Campbell’s impressive performance in the playoffs against the Suns was not merely another flash from the fourth-year player with great skills but little consistency.

Threatt, an unrestricted free agent, could sign his three-year deal worth about $7.5 million as soon as today. He made $800,000 last season.

With Tony Smith ready to accept a $560,000 qualifying offer and Duane Cooper expected to take a one-year deal at $175,000 that will allow him to become an unrestricted free agent next summer, the Lakers are close to having every player under contract with training camp eight days away.