Sources: Lakers’ Reaves intends to sign a 4-year, $185M extensionESPNMultiple AuthorsJun 24, 2026, 11:41 AM ET
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Los Angeles Lakers star Austin Reaves intends to sign a four-year, $185 million maximum contract to return to the franchise, with a player option for the final season in 2029-30, sources tell ESPN’s Shams Charania.
Reaves declined his $14.9M player option to pave the way for this new max deal.
The Lakers and Reaves’ agents, Aaron Reilly and Reggie Berry of AMR Agency, worked through discussions over the last 10 days after teams were able to negotiate with their own free agents. Reaves lands the richest contract for an undrafted player in NBA history.
Reaves averaged 23.3 points on 49% shooting (36% from 3), with 5.5 assists, 4.7 rebounds and 1.1 steals, but appeared in a career-low 51 games after being sidelined with calf and oblique injuries over the course of the season.
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