Austin Reaves agreed to a four-year, $56 million early bird maximum contract to return to the Lakers, according to The Athletic’s Shams Charania.
Reaves’s deal also includes a player option in his fourth season, which would allow him to enter unrestricted free agency before the 2026–27 season. Charania also stated that Reaves’s contract has a “15% trade kicker and the maximum advance allowable.”
His new contract comes as part of the Lakers’ plan to keep him in Los Angeles long term. The 2021 undrafted free agent served as a critical piece in the Lakers’ rotation last season.