Los Angeles Lakers star Austin Reaves intends to sign a four-year, $185 million maximum contract extension to return to the franchise, according to sources via ESPN.
The agreement includes a player option for the final season in 2029-30, providing Reaves with long-term security and flexibility. To pave the way for the new maximum deal, Reaves officially declined his $14.9 million player option for the upcoming season.
Since his arrival in Los Angeles, Reaves has emerged as a critical component of the Lakers' rotation, evolving from an undrafted free agent into a high-level starter and a primary playmaker. His return ensures the Lakers retain one of their most productive perimeter players as they continue to build their roster around a championship-contending core.
The 28-year-old guard has seen a meteoric rise in his value over the last several seasons, becoming a fan favorite and a reliable scoring threat in the Western Conference. This contract represents the largest possible deal the Lakers could offer to keep the standout guard in purple and gold.
This is a developing story. Check back for updates.
Sources & Original Reporting