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Lakers Will Re-Sign Austin Reaves to a 4-Year, $185 Million Deal, AP Source Says

  • On Wednesday, Los Angeles Lakers guard Austin Reaves agreed to a four-year, $185 million maximum contract extension through the 2029-30 season, ESPN's Shams Charania reported.
  • Reaves declined his $14.9 million player option for 2026-27 to enter free agency negotiations, betting on himself after his breakout campaign with agents Aaron Reilly and Reggie Berry of AMR Agency finalizing the deal.
  • During the 2025-26 season, Reaves played at an All-Star level, averaging 23.3 points on 49% shooting with 5.5 assists in 51 appearances despite calf and oblique injuries.
  • The deal establishes Reaves and NBA scoring champion Luka Doncic as the Lakers' long-term backcourt pillars, marking the richest contract ever awarded to an undrafted player in NBA history.
  • Beyond securing the backcourt, the Lakers continue managing other roster decisions, including negotiations with free agents LeBron James, Rui Hachimura, Luke Kennard, and Jaxson Hayes.
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NBC LA broke the news in Los Angeles, United States on Wednesday, June 24, 2026.
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