Los Angeles Lakers guard Austin Reaves will sign a four-year, $185 million maximum contract to return to the team, multiple media outlets reported on Wednesday.
The deal includes a player option for the final season in 2029-30, per reports. Reaves declined his $14.9 million player option for 2026-27 to make it happen.
It is the richest deal in NBA history for an undrafted player, per ESPN.
Reaves, 28, averaged a career-high 23.3 points with 5.5 assists and 4.7 rebounds in 51 games (45 starts) during the 2025-26 season, his fifth with the Lakers. He missed time with calf and oblique injuries.
Undrafted in 2021, Reaves boasts career clips of 15.8 points, 4.5 assists and 3.9 rebounds in 331 games (216 starts). He is a 36.8% shooter from 3-point range, including a career-high 200 3-pointers in 2024-25.
