Lakers reportedly re-sign Austin Reaves to 4-year contract extension

The Lakers have re-signed guard Austin Reaves to a four-year, $185 million contract extension, according to a person with knowledge of the deal who spoke to The Associated Press. Reaves, an undrafted player signed in 2021, averaged 23.3 points and 5.5 assists last season and is declining his $14.9 million player option to accept the extension, which marks the largest contract for an undrafted free agent in NBA history. The reporting is sourced from an AP-attributed anonymous source, with named quotes from Lakers GM Rob Pelinka confirming the team's intent; ESPN, CBS Sports, The Athletic, and other major outlets independently corroborate the $185 million figure and four-year terms. The article provides context on Reaves' career trajectory and the Lakers' broader offseason situation, though the anonymity of the primary source and the description that the deal is "not yet official" introduces minor uncertainty about finalization, warranting monitoring for official league/team announcement.