Lakers and Austin Reaves reach agreement on four-year contract

Yahoo Sports1 min read • Latest: Jun 24, 2026, 3:47 PM

Last updated Jun 24, 2026

Lakers and Austin Reaves reach agreement on four-year contract
Summary

The Los Angeles Lakers have agreed to a four-year maximum contract with Austin Reaves, reportedly valued at $185 million. The contract features annual increases, with Reaves set to earn $41.3 million in the 2026-27 season, $44.6 million in 2027-28, $47.9 million in 2028-29, and $51.2 million in 2029-30, which includes a player option. This deal follows the Lakers' decisions regarding their cap space and roster flexibility this summer. The contract will be finalized after the Lakers utilize their available cap space.

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Key Details
  • Reaves' contract totals $185 million over four years.
  • Contract includes escalating salaries each season.
  • Finalization depends on Lakers' use of cap space.
  • Lakers retain flexibility for roster decisions this summer.
Latest Updates
  • 4:23 PMYahoo SportsLakers, Austin Reaves agree to new contract
  • 3:47 PMYahoo SportsThe Lakers and Austin Reaves agreed to a four-year …
What they're saying
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Austin Reaves will be staying with the Lakers for a while on a lucrative new contract.

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The Lakers and Austin Reaves agreed to a four-year …

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