Lakers fulfill one offseason priority, reportedly agree to re-sign Austin Reaves for four-years, $185 million

At the top of the Lakers’ offseason priority list was re-signing Austin Reaves; the only question was how much this would cost. With at least a couple of teams looming to poach him away as a free agent — Brooklyn and Detroit were mentioned — the Lakers ultimately had to pay a little more than they may have ideally wanted.

The Lakers got their man. Reaves is set to return to the Lakers on a four-year, $184.8 million extension, with a player option on the final season, a story broken by Shams Charania of ESPN and since confirmed by other reports. This slightly exceeds the max that other teams could have offered Reaves.

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Reaves will decline his $14.9 million player option to sign the new deal. For the 28-year-old guard there were going to be no hometown discounts this time around, this was Reaves chance at a generational wealth contract and he had to grab it.

Reaves averaged 23.3 points, 5.5 assists, and 4.7 rebounds a game last season, shooting 36% from 3-point range. A fan favorite, Reaves proved he could be the secondary shot-creating guard next to Luka Doncic that the Lakers need, plus he could effectively run the offense when Doncic was out. The only concern was that he played in just 51 games last season due to an assortment of injuries.

Reaves was undrafted out of Oklahoma and played on the Lakers’ Summer League team in 2021. He performed well enough to be given a two-way contract not long after that, but before the team even reached the regular season, they had converted it to a standard NBA contract. By 2023, the rising Lakers star re-signed on a team-friendly four-year, $53.8 million contract.

This new contract will not impact the Lakers’ offseason cap space and spending. While the sides agreed to the contract they will not sign the deal until the Lakers have finished their other offseason business (they can go over the cap for Reaves because they have his Bird rights). The Lakers are looking to spend or make trades this summer to upgrade at center and get a two-way wing player, and they will also likely re-sign LeBron James for a ninth season with the team.


Source link : https://sports.yahoo.com/articles/lakers-fulfill-one-offseason-priority-165358421.html

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Publish date : 2026-06-24 16:53:00

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