The Los Angeles Lakers will sign Austin Reaves to a huge new contract when free agency opens next week, ESPN’s Shams Charania reported on Wednesday. The deal is reportedly worth $185 million over four years; Reaves’s new annual salary of $46.5 million is a big-time raise over the $14 million he made last season. It includes a player option for the final year of the contract.
Reaves, coming off a career season, held a player option for 2026–27 worth $14.5 million that just about everybody expected him to decline in order to seek a richer deal. Thus, Wednesday’s news comes as no surprise. The 28-year-old averaged 23.3 points and 5.5 assists last season, showing he was a great fit for the Lakers as the No. 2 option offensively behind Luka Dončić.
