Austin Reaves has secured his future with the Los Angeles Lakers, signing a new four-year contract after declining his $14.9 million player option for the coming season. The deal is worth $185 million and includes a player option in the final year, according to the report published June 24, 2026, at 18:54.
The agreement makes Reaves the highest-paid undrafted player in NBA history. The article says the move comes after he became one of the league’s hottest free agents, but chose to remain in Los Angeles rather than test the market.
Reaves’ rise is described as one of the NBA’s remarkable stories. He began his career as an undrafted player, later signed a two-way contract with the Lakers, and then earned a full-time roster spot. The new payday marks a dramatic jump from where he started just a few years ago.