LeBron James #23 and Austin Reaves #15 of the Los Angeles Lakers high five during the fourth quarter of Game 4 of the Western Conference Second Round against the Oklahoma City Thunder at Crypto.com Arena on May 11, 2026.
Austin Reaves #15 and LeBron James #23 of the Los Angeles Lakers high five during the fourth quarter against the Oklahoma City Thunder in Game 4 of the Second Round of the Western Conference Playoffs on May 11, 2026. (Photo by Luke Hales/Getty Images)
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Los Angeles Lakers Expected To Re-Sign Austin Reaves, Giving LeBron James Space To Decide His Future

DHJ Quick Take: Updates on Reaves & LeBron

  • Prioritizing Reaves’ Return: The Los Angeles Lakers are widely expected to re-sign Austin Reaves this offseason, keeping the vital guard in Los Angeles despite an upcoming competitive free-agency market.
  • Hitting the Open Market: To facilitate his next deal, the Arkansas native will officially decline his player option to enter unrestricted free agency for the first time in his career, pivoting away from the four-year, $53 million contract he signed in 2023.
  • Patience with James: Regarding LeBron James, the organization is intentionally granting the 41-year-old icon complete space to evaluate his future as he heads into unrestricted free agency and decides whether he will return for another NBA season or retire.

The Los Angeles Lakers are expected to re-sign Austin Reaves this offseason, according to Marc Stein of The Stein Line.

Reaves will decline his player option for next season and enter unrestricted free agency this offseason for the first time in his career. The Arkansas native signed a four-year, $53 million contract with the Lakers in July 2023.

As for LeBron James, the Lakers are giving the NBA legend space to decide his future, according to Dan Woike of The Athletic. James, 41, becomes an unrestricted free agent this offseason for the first time since 2018. It’s unknown if he wants to continue playing in the NBA.

Los Angeles went 53-29 this regular season. The Purple and Gold beat the Houston Rockets in the first round of the playoffs in six games, but they 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 due to an oblique injury, while Luka Dončić missed the entire playoffs with a hamstring injury.

Reaves averaged 23.3 points, 4.7 rebounds and 5.5 assists per game in his fifth season with Los Angeles. He has a close relationship with James, Dončić and Lakers head coach JJ Redick.

James, meanwhile, averaged 20.9 points, 6.1 rebounds and 7.2 assists per game in Year 23. He’s still an elite performer despite being the oldest active player in the NBA.

Reaves has spent his entire NBA career with the Lakers, while James has played for the Cleveland Cavaliers (twice), Miami Heat and Lakers.

Arguably the greatest player in NBA history, James joined the Lakers in the summer of 2018 and guided the franchise to the 2020 championship. Before his arrival, Los Angeles hadn’t made the playoffs since 2013.

Insiders who cover the NBA believe that if James doesn’t retire this offseason, he will either re-sign with the Lakers or return to the Cavaliers for a third stint. The future Hall of Famer has also been linked to the Golden State Warriors.

James is a four-time MVP, four-time champion and four-time Finals MVP. He is the all-time leader in points, field goals, games and minutes.

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Ashish Mathur
Ashish Mathur is an NBA writer and insider for Dallas Hoops Journal. He has covered the NBA since 2015 for ClutchPoints, Sportscasting, Heavy Sports, NBA Analysis Network, Fadeaway World, Hoops Wire, Athlon Sports, Ahn Fire Digital, Cavaliers Nation and Lakers Daily. You can follow Ashish on X @amathur25.