Austin Reaves discusses plans for $185 million Lakers contract
Yahoo Sports • 1 min read • Latest: Jul 9, 2026, 12:31 PM
Last updated Jul 9, 2026
Austin Reaves of the Los Angeles Lakers received a $185 million contract extension, making him the recipient of the largest deal ever for an undrafted NBA player. The 28-year-old guard, who averaged 23.3 points, 4.7 rebounds, and 5.5 assists last season, plans to invest his earnings for future security. Reaves mentioned that he lets financial advisors handle his investments and has already benefited from an early stake in SpaceX. He aims to set up financial stability for his family through conservative spending strategies.
- •Reaves averaged 23.3 points last season for the Lakers.
- •His new deal is the largest for an undrafted NBA player.
- •He has plans to invest his earnings conservatively.
- •Reaves aims to secure financial stability for his family.
- •He earned $226.7 million over his first nine NBA years.
- 4:01 PMYahoo Sports — Austin Reaves is 'very excited' about the new-look Lakers
- 12:31 PMYahoo Sports — Lakers’ Austin Reaves couldn’t hide how he plans on spending new $185 million contract
"The Los Angeles Lakers gave Austin Reaves a $185 million contract extension, and the 28-year-old guard already has plans for that money. Reaves averaged 23.
"LeBron James may be gone, but Austin Reaves, armed with a big new contract agreement, is looking forward to the new-look Lakers.
Sources
External links- Yahoo SportsJul 11, 2026, 4:01 PMAustin Reaves is 'very excited' about the new-look Lakers
LeBron James may be gone, but Austin Reaves, armed with a big new contract agreement, is looking forward to the new-look Lakers.
- Yahoo SportsJul 9, 2026, 12:31 PMLakers’ Austin Reaves couldn’t hide how he plans on spending new $185 million contract
The Los Angeles Lakers gave Austin Reaves a $185 million contract extension, and the 28-year-old guard already has plans for that money. Reaves averaged 23.
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