Lakers' Reaves plans to sign $185 million extension with team

The Los Angeles Lakers handed Austin Reaves a four-year, $185 million contract extension, and his immediate reaction to his deal was amazing. Reaves will avoid entering free agency after agreeing to his new contract a week before the start of free agency on July 3.

The Los Angeles Lakers and veteran guard Austin Reaves agreed to a four-year, $185 million contract extension, AMR Agency announced Wednesday.

Austin Reaves is about to become the highest-paid undrafted player in NBA history. The Los Angeles Lakers guard intends to sign a four-year, $185 million maximum contract to stay in Los Angeles, with a player option on the final season in 2029-30.

Reaves returns to the Lakers on the richest contract ever signed by an undrafted player.

Austin Reaves is re-signing with the Los Angeles Lakers on a four-year contract extension worth $185 million, a person with knowledge of the deal told The Associated Press on Wednesday. The person spoke on condition of anonymity because the deal is not yet official for Reaves, who cements his status as one of the most successful undrafted players in recent NBA history with this contract. Reaves is declining his $14.9 million player option for the upcoming season to ink this extension with the team that signed him out of Oklahoma after the draft in 2021.

Lakers star Austin Reaves intends to sign a 4-year, $185 million maximum contract to return to the franchise, with a player option for the final season in 2029-30, sources tell ESPN's Shams Charania.

Austin Reaves is staying with the Los Angeles Lakers on a historic four-year, $185M max contract extension. Get the details on this record-breaking deal. The post Lakers Bring Back Austin Reaves on Record-Breaking $185M Contract appeared first on LA Sports Report.