Austin Reaves Secures $185 Million Contract With Lakers
WHO:
Pro Football Network - Austin Reaves, guard for the Los Angeles Lakers.
RealGM Basketball - Reaves is represented by agents Aaron Reilly and Reggie Berry.
WHAT:
RealGM Basketball - The Los Angeles Lakers initially offered Austin Reaves a contract worth approximately $30 million per season before raising it to over $46 million per season.
RealGM Basketball - The Lakers' improved offer to Reaves was a 50 percent increase in just 24 hours due to leverage from interest from the Detroit Pistons.
Pro Football Network - Austin Reaves' contract with the Lakers is a four-year maximum extension worth just over $46 million per year.
Daily Mail Sports - Reaves' contract includes a player option for the final season in 2029-30.
RealGM Basketball - Reaves' cap hold will remain at $20.9 million until the Lakers finalize their offseason business.
RealGM Basketball - Reaves will earn $41.3 million in the first year of his new contract.
Pro Football Network - The Lakers could have offered Reaves a five-year contract worth up to $241 million, which is higher than the four-year, $179 million maximum any rival team could present.
Daily Mail Sports - Reaves will sign a four-year maximum extension worth just over $46 million per year in Los Angeles, with a player option for the final season in 2029-30.
RealGM Basketball - The $185 million contract is the richest in NBA history for an undrafted player and is his maximum on a four-year contract.
Pro Football Network - The Lakers could have offered Reaves a five-year contract worth up to $241 million, which is higher than the four-year, $179 million maximum any rival team could present.
Daily Mail Sports - Reaves will sign a four-year maximum extension worth just over $46 million per year in Los Angeles, with a player option for the final season in 2029-30.
RealGM Basketball - The Lakers could have offered Reaves a five-year contract worth up to $241 million, which is higher than the four-year, $179 million maximum any rival team could present.
RealGM Basketball - Reaves averaged 23.3 points on 49 percent shooting and 36 percent from three-point range during his fifth NBA season.
RealGM Basketball - Reaves appeared in a career-low 51 games due to a left calf injury and an oblique injury that affected his participation in the playoffs.
Daily Mail Sports - Austin Reaves will sign a four-year maximum extension worth just over $46 million per year in Los Angeles, with a player option for the final season in 2029-30.
Pro Football Network - Austin Reaves and the Los Angeles Lakers agreed to a four-year contract worth $185 million.
RealGM Basketball - The contract includes a player option for the 2029-30 season.
RealGM Basketball - Reaves declined his $14.9 million player option for the 2026-27 season to become a free agent.
RealGM Basketball - Reaves' cap hold will be $20.9 million until the Lakers finalize their offseason business.
RealGM Basketball - Reaves will earn $41.3 million in the first year of his new contract.
RealGM Basketball - The $185 million contract is the richest in NBA history for an undrafted player.
WHERE:
RealGM Basketball - The agreement is between Austin Reaves and the Los Angeles Lakers, based in Los Angeles.
WHEN:
RealGM Basketball - Reaves was expected to receive free agent interest from the Brooklyn Nets and Detroit Pistons.
WHY:
RealGM Basketball - Reaves expressed his desire to remain with the Lakers throughout his career, stating, "And obviously the Lakers are the best organization in basketball."
RealGM Basketball - Reaves told a local television station he hoped to remain with the team throughout his career, stating, "I want to be in LA. I want to play my whole career in LA. I love it there. I love the fans. Love the weather, love the golf," he told K8 News.
RealGM Basketball - Reaves expressed his desire to remain with the Lakers throughout his career, stating, "I want to be in LA. I want to play my whole career in LA. I love it there. I love the fans. Love the weather, love the golf."
RealGM Basketball - Reaves expressed his desire to remain with the Lakers throughout his career, stating, "I want to be in LA. I want to play my whole career in LA. I love it there. I love the fans. Love the weather, love the golf."
RealGM Basketball - Reaves turned in a career year, averaging 23.3 points, 5.5 assists, 4.7 rebounds, and 1.1 steals per game.
HOW:
RealGM Basketball - The Lakers' offer to Reaves was raised after the Pistons cleared salary cap space by moving off Isaiah Stewart.
RealGM Basketball - Reaves previously re-signed with the Lakers in the 2023 offseason on a four-year, $54 million contract as a restricted free agent.
RealGM Basketball - Reaves previously re-signed with the Lakers in the 2023 offseason on a four-year, $54 million contract as a restricted free agent.
RealGM Basketball - Reaves began his career with the Lakers on a Two-Way contract in 2021, which was converted to a standard NBA deal before his rookie season.
The Los Angeles Lakers have significantly increased their contract offer to Austin Reaves, initially proposing around $30 million per season before boosting it to over $46 million per season. This impressive 50 percent increase in just 24 hours came after the Detroit Pistons expressed interest in Reaves, giving the Lakers some leverage. The Pistons were able to clear salary cap space by moving off Isaiah Stewart, which likely contributed to the Lakers' decision to enhance their offer.