BREAKING NEWS: Austin Reaves Inks Groundbreaking $200 Million Extension with Los Angeles Lakers — “He’ll Finish His Career as a Laker,” Says GM Rob Pelinka
Excitement and jubilation filled the Crypto.com Arena on Monday as the Los Angeles Lakers officially announced that star guard Austin Reaves has signed a monumental five-year, $200 million contract extension with the franchise. The announcement marks a defining moment in the Lakers’ long-standing tradition of retaining homegrown talent, as General Manager Rob Pelinka declared that Reaves would “finish his career as a Laker.”
The atmosphere inside the arena was electric, with fans and media gathered to witness what many are calling one of the most significant contract extensions in recent Lakers history. Reaves, who joined the team as an undrafted player, has become a symbol of determination, growth, and loyalty — traits that have endeared him to fans and teammates alike.
“This is a dream come true,” Reaves said at the press conference, visibly emotional. “The Lakers believed in me when no one else did. To know that I’ll be here long-term, representing this city and these fans, means everything to me. I’m ready to give my all to bring another championship to Los Angeles.”
The new deal not only secures Reaves’ future in purple and gold but also signals the Lakers’ intention to build a new dynasty around their rising stars. With the recent addition of Luka Doncic, Pelinka emphasized that the organization is committed to creating a powerful backcourt partnership between Doncic and Reaves — one that could dominate the league for years to come.
“We see Austin as a cornerstone of this franchise,” Pelinka said. “His work ethic, leadership, and competitive spirit embody what it means to be a Laker. With Luka now on board, we’re entering a new era of Lakers basketball — one built on versatility, teamwork, and passion.”
Fans outside the arena echoed the excitement, chanting Reaves’ name and waving team flags in celebration. Social media platforms erupted within minutes of the announcement, with Lakers legends and NBA stars congratulating Reaves on the historic deal. LeBron James, who mentored Reaves during his early years, took to X (formerly Twitter), posting: “Well deserved, AR! Proud of you, kid. Lakers family forever.”
Over the past few seasons, Austin Reaves has evolved into one of the league’s most consistent and clutch performers. Known for his calm under pressure, efficient shooting, and playmaking ability, Reaves has earned respect not just within the Lakers organization but across the entire NBA.
With this extension, the Lakers have sent a clear message to the basketball world — the future of the franchise is bright, and they’re determined to keep their core talent intact. As the 2025–26 NBA season approaches, anticipation is building for what could be one of the most exciting chapters in Lakers history.
For now, Lakers Nation celebrates not just a contract, but a commitment — a promise that Austin Reaves will remain a Laker for life.