Austin Reaves set to secure over $30 million per year extension with the Lakers.

Austin Reaves set to secure over $30 million per year extension with the Lakers.

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Following Luka Doncic’s contract extension, the Los Angeles Lakers are now focused on securing a new deal for Austin Reaves. The guard is anticipated to sign a contract worth over $30 million per year in California.

Austin Reaves: From Undrafted Player to Key Contributor

Austin Reaves has emerged as a remarkable success story for the Los Angeles Lakers. After going undrafted, he has steadily improved his performance season after season, now ranking as the team’s third-best player, trailing only behind superstars LeBron James and Luka Doncic.

Impending Contract Extension

To acknowledge his advancement, the Lakers’ management is prepared to make a substantial financial commitment. According to multiple sources within the front office, including a league executive who spoke with ESPN, Reaves is expected to extend his contract for over $30 million annually.

“I think he will get $30 [million] plus,” the executive stated, reflecting the consensus among those aware of the negotiations.

Reaves currently has one guaranteed year remaining on his contract, along with another player option that he is likely to forego. Last season marked a significant milestone in his career, as he averaged over 20 points per game for the first time.

Source: ESPN

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