Austin Reaves #15 of the Los Angeles Lakers looks on during a game against the Miami Heat at Kaseya Center on March 19, 2026.

Austin Reaves #15 of the Los Angeles Lakers looks on against the Miami Heat on March 19, 2026. (Photo by Rich Storry/Getty Images)

Austin Reaves Intends To Re-Sign With Los Angeles Lakers On $185 Million Contract

Ashish MathurJune 24, 2026 10:56 AMJune 24, 2026 11:58 AM

DHJ Quick Take: Reaves Secures Historic Extension With Lakers

Record-Breaking Deal: Austin Reaves intends to sign a four-year, $185 million contract extension to remain with the Los Angeles Lakers, landing the richest contract for an undrafted player in NBA history.
Stellar Stat Line: The massive payday follows a career-best campaign where Reaves averaged 23.3 points, 4.7 rebounds and 5.5 assists per game while flashing elite efficiency with a 49.0%/36.0%/87.1% shooting split.
Consistent Year-Over-Year Growth: The historic deal rewards remarkable developmental consistency, as the scoring guard has successfully increased his points-per-game average every single season he has been in the league.

Austin Reaves intends to re-sign with the Los Angeles Lakers on a four-year, $185 million contract, according to Shams Charania of ESPN.

Reaves lands the richest contract for an undrafted player in NBA history.

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. Reaves declined his $14.9M player option for the new max deal. pic.twitter.com/5T8Ze6v0kF
— Shams Charania (@ShamsCharania) June 24, 2026

Reaves averaged 23.3 points, 4.7 rebounds and 5.5 assists per game this past season while shooting 49.0% from the field, 36.0% from beyond the arc and 87.1% from the free-throw line. He has increased his scoring average every year in the league.

The 28-year-old Reaves holds career averages of 15.8 points, 3.9 rebounds and 4.5 assists per game in the regular season and 17.3 points, 4.4 rebounds and 4.5 assists per game in the playoffs. He helped the Lakers reach the Western Conference Finals in 2023.

The Lakers went 53-29 this past season. They beat the Houston Rockets in the first round of the playoffs in six games but lost to the Oklahoma City Thunder in the second round in four games. Reaves missed Games 1, 2, 3 and 4 of the Rockets series with an oblique injury, while Luka Dončić missed the entire playoffs because of a severe hamstring injury.

NBA legend LeBron James becomes a free agent this offseason for the first time since 2018. If he doesn’t retire, James is expected to either re-sign with the Lakers or return to the Cleveland Cavaliers. The future Hall of Famer has also been linked to the Golden State Warriors.