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Austin Reaves is not likely to accept a ‘hometown deal’ below $241 million from LA Lakers

Photo by Kenneth Richmond/Getty Images
Photo by Kenneth Richmond/Getty Images
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Austin Reaves’ next contract may end up as one of the defining decisions of the Lakers’ offseason, especially if he is not willing to leave max money on the table.

While LeBron James’ future will naturally dominate headlines, Reaves’ situation is quietly climbing up the list of priorities because his market looks bigger than many fans expected.

That is why the idea of a hometown discount feels shaky. Reaves may want to stay in Los Angeles, but wanting to stay and taking less than market value are two very different things.

Austin Reaves #15 of the Los Angeles Lakers works against Cason Wallace #22 of the Oklahoma City Thunder during the first quarter in Game Two of the Second Round of the NBA Western Conference Playoffs at Paycom Center.
Photo by Joshua Gateley/Getty Images

Austin Reaves max contract stance casts doubt on Lakers deal

Speaking on X, Los Angeles Times reporter Brad Turner outlined why the Lakers could be forced into a major financial decision.

“He stands to make five years, $241 million if they offer him that deal,” Turner said.

“Or if he goes to a team like the Chicago Bulls, or a team like Brooklyn, he can get four years, $178 million. Those teams will kind of lurk around. But based on what I understand, what I keep hearing: Austin wants the max. Is he willing to give the Lakers a hometown deal? I’m not so sure about that. Maybe he does, but maybe his reps don’t want that.”

That is where the pressure comes in. The Lakers have the advantage of holding Reaves’ Bird rights, allowing them to offer the largest total deal, but outside teams can still create enough leverage to make negotiations uncomfortable.

Reaves has a $14.9 million player option for 2026-27, but he is widely expected to decline it and test unrestricted free agency.

Austin Reaves free agency price reflects his Lakers rise

While the reported numbers are eye-popping, they come after Reaves proved he is far more than just a role player for Los Angeles.

He averaged 23.3 points and 5.5 assists over 51 games this season, giving the Lakers another high-level creator alongside their bigger stars.

His final playoff performance highlighted his upside, with 27 points, seven rebounds and six assists in a 115-110 loss to the Thunder in Game 4 of the Western Conference semifinals.

The concern is value at the top end of the market. Reaves missed significant time, and a five-year, $241 million deal carries true franchise-player expectations.

That makes this more than a loyalty test. If Reaves pushes for the max, the Lakers must decide whether his growth is worth that price, or whether the smarter answer is turning his value into a different roster build.