Austin Reaves Net Worth, Salary, Contract

After going undrafted in the 2021 NBA Draft, Reaves had the chance to be selected 42nd overall by the Detroit Pistons but chose to decline. Instead, he signed a two-way contract with the Lakers on August 3, 2021. Just a couple of months later, on September 27, the Lakers converted his deal into a standard NBA contract, officially making him a part of their roster.

Early Life and Education

Austin Reaves was born in Newark, Arkansas, on May 29, 1998, into a family that lived and breathed basketball. His parents, Nicole Wilkett and Brian Reaves, were both standout players at Arkansas State University—his dad was a skilled point guard who ranked among the school's all-time assist leaders, while his mom was an all-conference player who scored over 1,000 career points.

Growing up, Reaves honed his skills at Cedar Ridge High School, where he quickly became known for his scoring ability. He led his team to back-to-back state championships and even had a jaw-dropping 73-point performance in a triple-overtime game. His success on the court attracted multiple college offers, but he ultimately decided to start his college career at Wichita State University.

Austin Reaves's Net Worth

As of 2025, Austin Reaves' net worth is estimated to be around $4 million. Most of his wealth comes from his NBA salary and endorsement deals, which have grown significantly since he joined the league.

Austin Reaves Salary and Contract

Austin Reaves signed a four-year, $53.8 million contract with the Los Angeles Lakers, with the entire amount guaranteed. This deal gives him an average annual salary of about $13.5 million. For the 2024-25 season, he’ll be earning a base salary of $12.98 million, which also counts as his cap hit and dead cap value.

Austin Reaves Endorsement

Aside from his NBA earnings, Reaves has landed several endorsement deals that add to his net worth. In 2022, he made history as the first NBA player to sign with the Chinese shoe brand Rigorer. He’s also partnered with Lexus and Lemon Daddy, further boosting his income off the court.

Professional Career

Despite an impressive college career, Austin Reaves went undrafted in the 2021 NBA Draft. He had the opportunity to be selected 42nd overall by the Detroit Pistons but chose to decline, opting instead to control his own path. 

On August 3, 2021, he signed a two-way contract with the Los Angeles Lakers. However, after impressing in training camp, the Lakers upgraded his deal to a standard NBA contract on September 27, 2021.

Reaves made his NBA debut on October 22, 2021, against the Phoenix Suns and quickly became a key rotation player for the Lakers. His ability to shoot and defend at a high level caught attention, and he had a breakout moment on December 15, 2021, when he scored a career-high 15 points and nailed the game-winning three-pointer in overtime against the Dallas Mavericks.

In his second season (2022-23), Reaves took his game to another level, establishing himself as a crucial piece for the Lakers. He had a career-best performance on March 19, 2023, dropping 35 points against the Orlando Magic. His consistency and ability to step up in big moments helped the Lakers make a deep playoff run. 

During the 2023 NBA Playoffs, Reaves played a vital role in the first-round victory over the Memphis Grizzlies and continued to deliver strong performances throughout the postseason. His confidence and chemistry with LeBron James and Anthony Davis solidified his place as an integral part of the Lakers' future.

Following his impressive playoff performances, Reaves secured a four-year, $53.8 million contract extension with the Lakers in the 2023 offseason. That same year, he received the honor of representing Team USA in the FIBA World Cup, becoming just the third undrafted player to play for the national team, following Ben Wallace and Brad Miller. 

s the 2023-24 season progressed, Reaves continued to grow as a versatile scorer and playmaker, proving to be a valuable asset in the Lakers' pursuit of another championship.