Los Angeles Lakers guard Austin Reaves is heading back to Hollywood in a big way, with multiple media outlets reporting Wednesday that he will sign a four-year, $185 million maximum contract to remain with the franchise.
According to reports, the deal comes with a player option for the final season, covering the 2029-30 campaign. To make the new contract possible, Reaves opted out of his existing $14.9 million player option for the 2026-27 season.
ESPN reports the agreement stands as the largest contract ever signed by an undrafted player in NBA history.
The 28-year-old guard put together his best statistical season yet in 2025-26, averaging 23.3 points, 5.5 assists, and 4.7 rebounds across 51 games, including 45 starts. It was his fifth year with the Lakers, though the season was interrupted by calf and oblique injuries.
Reaves went undrafted in 2021 but has built an impressive resume over 331 career games, posting averages of 15.8 points, 4.5 assists, and 3.9 rebounds with 216 starts. He shoots 36.8% from beyond the arc and set a personal best with 200 three-pointers made during the 2024-25 season.
