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League: NBASport: BasketballCountry: United StatesCategory: Scores & Results

Lakers agree to four-year contract extension with Austin Reaves

Yahoo Sports • 1 min read • Latest: Jun 24, 2026, 4:19 PM

Last updated Jun 24, 2026

Lakers agree to four-year contract extension with Austin Reaves
Summary

The Los Angeles Lakers secured a four-year, $185 million maximum contract extension with guard Austin Reaves on June 24, 2026. This move follows the first round of the 2026 NBA Draft, as the Lakers aim to solidify their future and keep a core player from free agency. Reaves has emerged as a crucial contributor to the team, demonstrating significant growth since entering the league. The extension is structured to avoid impacting the Lakers' financial flexibility, allowing them to pursue additional roster upgrades as NBA free agency opens on June 30. The Lakers will also participate in round two of the NBA Draft later tonight.

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By the Numbers
  • •Austin Reaves' extension includes a player option for the 2029-30 season.
  • •The deal does not affect the Lakers' financial plans for offseason acquisitions.
  • •Los Angeles intends to strengthen its roster amid championship aspirations.
  • •Round two of the 2026 NBA Draft is set for later tonight.
  • •Free agency negotiations begin June 30, with contracts effective July 6.
Latest Updates
  • 4:19 PMYahoo Sports — Lakers lock up star player a day after round one of the 2026 NBA Draft
What they're saying
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While much of the basketball world remains focused on the fallout from the first round of the 2026 NBA Draft, the Los Angeles Lakers made sure they grabbed a major headline of their own on Wednesday. The organization took a…

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