Lakers sign Austin Reaves to record contract extension
CBS Sports • 1 min read • Latest: Jun 24, 2026, 4:27 PM
Last updated Jun 24, 2026
The Los Angeles Lakers have signed guard Austin Reaves to a four-year, $185 million contract extension, marking the largest deal ever for an undrafted player in NBA history. Reaves, who joined the Lakers as an undrafted free agent and has developed into a key contributor, previously had a four-year, $54 million contract. This extension includes a player option for the 2029-30 season. His impressive performance last season included averages of 23.3 points, 5.5 assists, and 4.7 rebounds over 51 games, despite dealing with injuries. The Lakers' decision reflects confidence in Reaves as the team navigates roster changes involving superstar Luka Doncic and the future of LeBron James.
- •Lakers extend Austin Reaves for four years and $185 million.
- •Reaves becomes the highest-paid undrafted player in NBA history.
- •Previous record was held by Duncan Robinson at $90 million.
- •Reaves averaged 23.3 points and 5.5 assists last season.
- •Extension includes a player option for the 2029-30 season.
- 5:15 PMCBS Sports — What Austin Reaves' record four-year, $185 million max contract means for the Lakers, LeBron James, more
- 4:36 PMYahoo Sports — Austin Reaves to stay with Lakers on record-setting $185M contract
- 4:27 PMYahoo Sports — Lakers shower Austin Reaves with biggest payday for undrafted player
"The Los Angeles Lakers and Austin Reaves have reportedly come to terms on a new contract that would set a record for an undrafted free agent.
"Reaves' deal is the biggest contract ever signed by an undrafted free agent
"Austin Reaves sets new benchmark for undrafted players.
Sources
External links- CBS SportsJun 24, 2026, 5:15 PMWhat Austin Reaves' record four-year, $185 million max contract means for the Lakers, LeBron James, more
Reaves' deal is the biggest contract ever signed by an undrafted free agent
- Yahoo SportsJun 24, 2026, 4:36 PMAustin Reaves to stay with Lakers on record-setting $185M contract
The Los Angeles Lakers and Austin Reaves have reportedly come to terms on a new contract that would set a record for an undrafted free agent.
- Yahoo SportsJun 24, 2026, 4:27 PMLakers shower Austin Reaves with biggest payday for undrafted player
Austin Reaves sets new benchmark for undrafted players.
Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.
Related Stories
Last 14 days- NBA•Jun 25, 2026, 6:40 PMRoses, notes, a newspaper and more; shrine at Giannis mural grows
- NBA•Jun 25, 2026, 6:30 PMReport: OKC Thunder sign Ohio State's Christoph Tilly to Exhibit-10 deal
- NBA•Jun 25, 2026, 6:01 PMWhen will Thunder hold press conference for Aday Mara, Bennett Stirtz, Otega Oweh?
- Basketball•Jun 25, 2026, 6:00 PMKevin Young wanted to turn BYU into an NBA pipeline, and the early returns have been historic
- NBA•Jun 25, 2026, 5:34 PMIs LaMelo Ball worth the risk for Timberwolves?
- NBA•Jun 25, 2026, 5:10 PMEvery move Leon Rose made with the New York Knicks during the 2026 NBA Draft
