Austin Reaves has solidified his status as a vital asset for the Lakers this season, especially with LeBron James injured and Luka Doncic formerly sidelined.

The undrafted guard is averaging an impressive 31.1 points per game, ranking fifth in the league, alongside 9.3 assists and 5.1 rebounds per contest. This level of production demonstrates Reaves’ ability to not just complement but lead offensively.

His dynamism and willingness to be coached have earned high praise from Lakers coach JJ Redick and NBA executives alike. This rapid rise points to a player who has outgrown his previous role and is now a go-to option on a storied franchise.​

Free Agency Buzz and Potential Payday

The buzz around Reaves is fueled by his decision to decline a four-year, $89 million extension last offseason, betting on his continued growth to command a bigger deal this summer.

NBA insiders expect Reaves to attract offers exceeding $30 million per year, with some projections suggesting his next contract could even surpass $40 million annually.

The 25 percent cap rule for players with his experience means the max salary will be capped near $41.5 million if the salary cap projections hold, positioning Reaves for a massive payday. Contending teams with cap space are closely monitoring the situation, making it a rare and exciting free agency path for the versatile guard.​

Lakers’ Stakes and Reaves’ Commitment

While other teams express interest, there is strong sentiment that Reaves wants to stay with the Lakers, the team that gave him an opportunity to prove himself. NBA insider Marc Stein notes that Reaves’ loyalty to Los Angeles remains firm, despite the lucrative offers he is likely to receive around the league.

The Lakers face the challenge of matching or exceeding these offers to keep their emerging star in purple and gold. Reaves’ development into a consistent top-tier player has shifted the Lakers’ future plans, especially as they anticipate the eventual return of LeBron James. How the Lakers navigate this contract negotiation could define their competitiveness for years to come.​

Austin Reaves is no longer just a role player, but one of the most coveted free agents heading into 2026, and his next contract will signal his place among the NBA’s elite guards. The Lakers, their fans, and rival teams alike will be watching closely as this season unfolds.