SEPTEMBER 27: The Lakers have officially confirmed Reaves’ new contract.
SEPTEMBER 26: The Lakers are planning to sign guard Austin Reaves to a two-year contract, according to Shams Charania of The Athletic (Twitter link). The second year of the agreement contains a team option, Charania reports, and Dan Woike of the Los Angeles Times notes the first season is partially guaranteed.
Reaves, 23, had been on a two-way contract with the club, so his new deal represents a promotion to the standard roster, putting him in line to be the 14th man on the regular season squad.
Reaves went unselected in the 2021 NBA Draft. He spent two collegiate seasons at Wichita State, then two more at Oklahoma, averaging 18.3 points, 5.5 rebounds and 4.6 assists during his final year.
The Lakers, who have 17 players under contract, now have a two-way roster spot available to use.