Austin Reaves is set to sign a mammoth new $185million deal with the Los Angeles Lakers, which will go down as the richest contract for an undrafted player in NBA history.
According to ESPN’s Shams Charania, Reaves will put pen to paper on a four-year maximum extension worth just over $46m per year in LA, which includes a player option for the final season in 2029-30.
The 28-year-old shooting guard, who was picked up by the Lakers after going undrafted in 2021, reportedly declined his $14.9m player option for the new max deal.
He was reportedly expected to receive free-agent interest from several teams, including the Detroit Pistons, on a maximum-level salary, which forced the Lakers into negotiating a record contract to lock in their homegrown talent.
More to follow.
Austin Reaves is set to sign a mammoth new $185million deal with the Los Angeles Lakers
