Austin Reaves has signed a new four-year maximum contract worth $185 million to stay with the Los Angeles Lakers, according to reports published on June 25, 2026.
Largest Contract for an Undrafted Player
This deal is the biggest contract ever awarded to an undrafted player in National Basketball Association (NBA) history. Reaves entered the 2021 NBA Draft but was not selected by any team, making him an unrestricted free agent.
The Lakers signed Reaves out of free agency at that time. His new contract reflects his development into a key contributor for the franchise.



