Reaves Lands $185M Max Extension With Lakers

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- Austin Reaves will sign a four-year, $185 million maximum contract with the Lakers that includes a player option for 2029-30, the richest deal in NBA history for an undrafted player
- Reaves declined his $14.9 million player option to clear the path for the new max deal, and will earn $41.3 million in year one after the Lakers exhaust their remaining cap room
- The Lakers ownership group and front office hosted Reaves and his AMR Agency agents (Aaron Reilly and Reggie Berry) at the team's practice facility days after the NBA Finals, complete with personalized "AR"-initialed pillows and his favorite country music playing
- Detroit and other teams had max-level free agent interest in Reaves, which the source says pushed the Lakers to lock him in rather than risk losing him
- Reaves averaged 23.3 points on 49% shooting with 5.5 assists and 4.7 rebounds last season, but appeared in a career-low 51 games due to calf and oblique injuries before returning for the playoffs
- Reaves, on the golf course when the deal closed, celebrated by lying on the grass for a photo his girlfriend posted to Instagram; a source close to him called the moment "Great relief"
Why it matters: The Lakers are paying a premium to keep a homegrown role player — $185 million for a guard who has never made an All-Star team — over four years, betting that Reaves' growth and locker-room value justify the richest undrafted contract in league history.


