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

Field Level Media|published: Wed 24th June, 12:13 2026

Dec 10, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Austin Reaves (15) warms up prior to the game against the San Antonio Spurs at Crypto.com Arena. Mandatory Credit: Jayne Kamin-Oncea-Imagn Images

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

The deal includes a 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, 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

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