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Lakers' Reaves intends to sign a $185M extension

ESPN · Jun 24, 2026, 4:48 PM

Key takeaways

  • 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's Shams Charania.
  • Reaves declined his $14.9M player option to pave the way for this new max deal. which is the now richest contract for an undrafted player in NBA history.
  • The Lakers and Reaves' agents, Aaron Reilly and Reggie Berry of AMR Agency, worked through discussions over the last 10 days after teams were able to negotiate with their own free agents.

Why this matters: a sports story that could shift standings, legacies, or fan conversations.

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's Shams Charania.

Reaves declined his $14.9M player option to pave the way for this new max deal. which is the now richest contract for an undrafted player in NBA history.

The Lakers and Reaves' agents, Aaron Reilly and Reggie Berry of AMR Agency, worked through discussions over the last 10 days after teams were able to negotiate with their own free agents.

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