Austin Reaves and the Lakers Face Crucial Contract Decision Ahead of 2026 Free Agency
Austin Reaves has grown into a core contributor for the Los Angeles Lakers, but the franchise now finds itself at a crossroads regarding his future. With Reaves eligible for a four-year contract extension worth around \$89.2 million beginning in the 2025 offseason, reports suggest he’s likely to turn it down in pursuit of a more lucrative deal as an unrestricted free agent in 2026.
The proposed extension would pay Reaves approximately \$22–23 million per season, a figure seen as below market value considering his development and impact. If Reaves chooses to hit free agency, he could command upwards of \$42.5 million per year based on current projections. This expected price tag would present a financial dilemma for the Lakers, who are already navigating significant salary obligations to stars like LeBron James and Anthony Davis.
Reaves’ decision not only affects the Lakers’ payroll but also their strategic planning. The front office is now weighing whether to keep him through his current contract or explore potential trade options this summer while his value is high. Trading him could help the Lakers secure assets or players who better fit their long-term plans or championship timeline.
Past trade rumors have already connected Reaves to blockbuster possibilities involving elite guards like Trae Young and De’Aaron Fox. While those deals didn’t materialize, partly due to the Lakers’ hesitation to part with Reaves, such scenarios may resurface as the team looks to reshape its roster.
One proposal includes packaging Reaves with forward Rui Hachimura and draft picks in a deal for Trae Young, aiming to add elite playmaking to the backcourt. Another floated scenario involves Sacramento’s De’Aaron Fox, though ongoing differences in player valuation have stalled talks. Other rumors hint at possible multi-player deals with teams like the Dallas Mavericks that could bring in veterans like Klay Thompson and Daniel Gafford.
Ultimately, the Lakers have tough decisions ahead. Extending Reaves would provide roster stability but at a long-term financial premium. Letting him test free agency risks losing him for nothing. Trading him now could return valuable assets but would mean giving up a fan favorite and key contributor.
As the 2025 offseason approaches, Reaves’ trajectory and the Lakers’ willingness to meet his rising price tag will shape the team’s next era. Whether he stays, walks, or is moved in a trade, the outcome will ripple across the league—and the Lakers’ future.
