Austin Reaves Contract

Last Modified Nov 3, 2023 07:09 GMT
Denver Nuggets v Los Angeles Lakers - Game Four
Denver Nuggets v Los Angeles Lakers - Game Four

Austin Tyler Reaves is a German-American basketball player. He plays professional basketball for the Los Angeles Lakers in the National Basketball Association. Reaves is one of the youngest players in the NBA as of now. He was born on May 29, 1998, in Newark, Arkansas, United States.

The shooting guard played high school basketball at Cedar Ridge High School before joining Wichita State University and the University of Oklahoma. Austin Reaves went undrafted in the 2021 NBA draft but later signed a two-way contract with the Lakers in August 2021. It was later upgraded to a regular minimum contract.

Austin Reaves Contract

Austin Reaves latest contract with the Lakers is a four-year deal worth $53,827,872. He will be earning an average annual salary of $13,456,968, while his base salary for the upcoming 2023-24 season will be $12,015,150.

Austin has been playing in the NBA since 2021 with the Lakers. He, initially, signed a two-year contract with the franchise worth USD 2.4 million (USD 2,488,776, to be precise). As per contract norms, the signed deal guarantees the agreed USD 2,488,776 along with an annual average salary of USD 1,244,388. The shooting guard earned a base salary of 1,563,518 US dollars.

Indubitably, Austin Reaves thrived through the second half of the 2022-23 season with the Los Angeles Lakers. His impressive game skills and temperament helped him earn a lucrative contract as a free agent this summer. Austin Reaves, indeed, exhibited improvements with the Purple and Gold, especially in the second season. He averaged 13 points, 3 rebounds, and 3.4 assists in 64 games. Also, he shoots 53% from the floor and 39.8% from the deep. However, Reaves made a comeback from a hamstring strain in early February and performed more impressively. He averaged 15.9 points, 2.9 rebounds, and 4.8 assists in the 28 games he played for his team.

For the 2023-24 season, LAL had just four players under contract. These are LeBron James, Jarred Vanderbilt, Anthony Davis, and Max Christie. Hence, the club had some potential to re-sign Austin on a reasonable deal.

Austin Reaves' Net Worth

As mentioned earlier, Austin Reaves is one of the youngest entries in the world of the NBA. He just started his career in the esteemed league with the Purple and Gold and has mesmerized a massive fan following successfully. He has a lucrative contract with the Los Angeles Lakers, which is the primary source of income for the player. Additionally, Austin has some endorsement deals with brands as well.

The exact figures of Austin Reaves’ net worth are unknown; however, it is estimated to be around USD 2 million to USD 3 million. It is just the start of his professional career in the NBA, and he has to go a long way in the future. We can expect his fortune along with his fame and popularity to grow immensely over the years.

Austin Reaves Endorsements

Austin Reaves is famously known for his agreement with the China-based sports apparel brand Rigorer. He signed a deal with the Chinese company to endorse and promote their products on and off the court. Rigorer specializes in basketball products alongside demonstrating a broader range of protective gear. The contract details and financial terms of the deal are unknown, however.

By inking an endorsement deal with Rigorer, Austin Reaves became the first NBA endorser and only the 2nd American to do this. Previously, Jimmer Fredette, the former college basketball sensation and NBA draft pick, joined the Chinese brand. Jimmer played in the CBA (Chinese Basketball Association) for four of the last five seasons.

Austin Reaves Salary

Austin would be one of the best-paid guards in 2023, according to a report by Info Net Worth. His salary is supposed to be around USD 9,25,258, and he signed a deal of US$15,63,518 for the year 2022-23.

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FAQs

A. Austin Reaves is 6 feet 5 inches (1.96m) tall.

A. After rejecting the other team's offer, Austin Reaves returned to the Los Angeles Lakers in a four-year contract for $56 million.

A. No, Austin Reaves has not appeared in the lower division league. He was under a guaranteed two-way contract for the Los Angeles Lakers.

A. Austin Reaves primarily plays as a shooting guard.

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