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Reports: Austin Reaves to sign 4-year, $185M deal with Lakers

By Thomson Reuters Jun 24, 2026 | 11:37 AM

Los Angeles Lakers guard Austin Reaves will sign a four-year, $185 million maximum contract ​to return to the ‌team, multiple media outlets reported Wednesday.

The deal includes a $51.2 million player option for the final season in ‌2029-30, ​per reports. ⁠Reaves declined his $14.9 million ⁠player option for 2026-27 to make it happen.

It is the richest deal in NBA ​history for an undrafted player, per ESPN.

Reaves will earn $41.3 ⁠million next season, $44.6 ⁠million in 2027-28 and $47.9 ​million in 2028-29, according to ​Spotrac.

Reaves, 28, averaged a career-high 23.3 ‌points with 5.5 assists and 4.7 rebounds in 51 games (45 starts) during the 2025-26 ⁠season, his fifth with the Lakers. He missed time with calf and ⁠oblique ‌injuries.

Undrafted in 2021, Reaves ⁠boasts career clips of ​15.8 ‌points, 4.5 assists and ​3.9 ⁠rebounds in 331 games (216 starts). He is a 36.8% shooter from 3-point range, including a career-high 200 3-pointers in 2024-25.

–Field ​Level Media