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Reaves signs record undrafted deal and addresses LeBron’s Lakers exit

Shekari PhilemonBy Shekari PhilemonJuly 14, 2026 Sports No Comments4 Mins Read
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Austin Reaves addressed reporters in Las Vegas on Monday for the first time since signing what was described as the most lucrative contract for an undrafted player in NBA history, arriving to his first summer league appearance with a changed roster surrounding him and a more prominent leadership role ahead than anything he has previously carried in five years with the Lakers.

The deal Reaves ultimately signed came in slightly below initial projections, with league sources confirming a four-year, $180 million agreement after discussions that had centered on a $185 million framework. The adjustment, sources indicated, was Reaves’s decision and was made to give the Lakers additional financial flexibility, specifically the ability to pursue a player using a non-taxpayer midlevel exception the following summer.

Processing LeBron’s absence

The most emotionally significant element of the changed Lakers landscape for Reaves is the departure of LeBron James, who left the franchise after eight seasons to pursue a new opportunity elsewhere. Reaves has played his entire NBA career alongside James, having joined the Lakers as an undrafted free agent in 2021 when James was already the team’s established star.

Reaves described the adjustment honestly, acknowledging that he had not yet fully processed what it would mean to start a season without James in the locker room and on the court. He expressed warmth toward James and characterized the relationship as one defined by genuine friendship and mutual respect rather than simply professional proximity. He also noted, with affection, that James carried himself with the energy of someone far younger than his actual age throughout his time in Los Angeles.

He will be asked to carry significantly more responsibility now. His natural partnership with Luka Doncic gives the Lakers a foundation to build around, and the two players have developed a genuine personal connection that extends well beyond basketball. Reaves described sending each other golf tips and videos with the ease of close friends rather than the formality of teammates still getting to know each other.

A commitment to staying in Los Angeles

Reaves has said publicly that he hoped to be a Laker for life, and the contract he signed this summer was framed by those around him as a step toward making that vision concrete. He said his preference throughout the negotiation process was to remain in Los Angeles, describing his emotional attachment to the franchise as genuine rather than tactical. The deal was completed before the official opening of free agency, reflecting a mutual desire to resolve the situation quickly rather than explore the broader market.

The decision to reduce the total value of the contract by $5 million in exchange for team flexibility is an unusual move for a player in his situation. It reflects either significant confidence in the direction the Lakers are heading or a genuine preference to prioritize the franchise’s competitive positioning over maximizing his personal financial outcome. Likely both.

The new teammates and the summer league setting

Reaves met several of the Lakers’ new additions at summer league, with a group of recently acquired players gathering in Las Vegas to begin working with the coaching staff and building familiarity. Among the new faces is a 7-foot-2 center who played alongside Reaves previously for the United States national team program, a familiarity that Reaves said makes the center’s arrival particularly welcome.

The team is rebuilding its roster after losing several players who had been in prominent roles through last season’s playoff run. Reaves acknowledged the extent of the change, describing the coming season as one in which different players will be asked to do things they had not previously been responsible for. He said he is willing to take on whatever the coaching staff asks of him.

He is also ready. His heart, he said, was always in Los Angeles.

austin reaves basketball Las Vegas LeBron James los angeles lakers luka doncic NBA contract NBA offseason summer league undrafted record
Shekari Philemon

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