Enter your email address below and subscribe to our newsletter

Austin Reaves Net Worth: Career, Earnings, Achievements, and More

Discover Austin Reaves' net worth, career highlights, contract details, and achievements. Explore his rise in the NBA, earnings, and personal life updates.

Share your love

As Austin Reaves continues to rise in the NBA, fans and analysts alike are eager to dive into his 2023-2024 season performance. From his role with the Los Angeles Lakers to his impressive statistics, including 15.9 points per game and shooting 48.6% from the field, his financial impact and contract have also taken center stage. In this article, I, Malika Andrews, explore Reaves’ evolving journey, his contributions to the Lakers, and the financial details of his current $53.8 million contract.

Let’s take a deep dive into Reaves’ impressive season and financial growth.

Austin Reaves Quick Facts

FACTDETAIL
Real NameAustin Tyler Reaves
GenderMale
Birth DateMay 29, 1998
Age26
ParentsNicole Wilkett (Mother), Brian Reaves (Father)
SiblingsSpencer Reaves (Brother)
BirthplaceNewark, Arkansas, USA
Sporting NationalityAmerican
Marital StatusUnmarried
Net Worth$2 million
Height6’5″ (196 cm)
Weight206 lbs (93 kg)
High SchoolCedar Ridge High School
CollegeWichita State, Oklahoma
NBA DraftUndrafted (2021)
Playing Career2021 – Present
Career HistoryLos Angeles Lakers (2021–present)
Current TeamLos Angeles Lakers
Jersey Number15
Playing PositionShooting Guard
Contracts and Transfers4-year, $53.8 million contract with Lakers

What is the Salary/Income of Austin Reaves in 2024?

Austin Reaves’ income in 2024 comes from multiple streams, including his NBA contract with the Los Angeles Lakers, endorsements, and potential international competitions. Let’s dive into the specifics of these sources of income:

1. NBA Salary

The most significant portion of his income is his NBA contract. In 2023, Reaves signed a 4-year, $53.8 million fully guaranteed contract with the Lakers. This contract guarantees him an annual income of $13.46 million. In 2024, his expected salary from this deal is $12.98 million, as per his contract breakdown. Reaves’ steady rise in performance, especially during the 2023-2024 season, has played a vital role in securing this substantial financial commitment from the Lakers.

2. Endorsements and Sponsorships

While there are fewer public details on his specific endorsements, Reaves’ growing popularity with the Lakers fanbase and solid performance in international competitions positions him to earn additional income through sponsorships. As his prominence increases, it’s expected that his endorsement deals could add another $1-2 million annually. Basketball players with a similar trajectory have leveraged their popularity to gain lucrative sponsorships with sportswear brands and other lifestyle companies.

3. International Competitions

Reaves has also represented Team USA in the 2023 FIBA World Cup, which may have generated additional income through performance bonuses and incentives. Though exact figures aren’t disclosed, his international appearances could provide performance-related earnings and bonuses from the team or sponsorships.

4. Future Contracts and Potential Earnings

Reaves is projected to be an unrestricted free agent in 2027, where he may sign an even more lucrative deal, depending on his continued performance and health. If his rise in performance and popularity continues, he could command higher salaries and bonus structures as a key player in the NBA.

In summary, in 2024, Reaves’ estimated income from his NBA contract, potential endorsements, and performance-related bonuses can reach up to $14-15 million. His income continues to reflect his growing influence and success both in the NBA and internationally.

Austin Reaves: Earnings & Contract Overview

Austin Reaves has experienced a notable rise in his earnings since entering the NBA in 2021. His initial income was relatively modest, but his four-year, $53.8 million contract with the Los Angeles Lakers in 2023 greatly increased his annual salary. Alongside his NBA salary, Reaves is likely to earn additional income from endorsements as his popularity continues to grow.

Income and Contract Information Table

YearAgeBase SalaryCash ReceivedTotal Cash ReceivedCumulative TotalAverage Yearly Compensation (AYC)Cumulative AYCRemaining AYC
202123$925,258$925,258$925,258$925,258N/AN/AN/A
202224$1.56 million$1.56 million$2.49 million$2.49 millionN/AN/AN/A
202325$13.46 million$13.46 million$15.95 million$15.95 million$13.46 million$13.46 millionN/A
202426$12.98 million$12.98 million$28.93 million$28.93 million$13.45 million$13.45 million$25.90 million
202527$12.98 million$12.98 million$41.91 million$41.91 million$13.45 million$13.45 million$12.92 million
202628$12.92 million$12.92 million$54.83 million$54.83 million$13.45 million$13.45 millionN/A
202729N/AN/AN/AN/AN/AN/AN/A

Earnings Forecast for 2025 to 2028

Looking ahead, Reaves is projected to continue earning substantial income through his contract with the Lakers until 2026. After that, as an unrestricted free agent in 2027, he could negotiate a new deal, likely increasing his yearly compensation. Based on his performance and role within the team, his salary could rise to $15 million to $20 million annually if he signs a new contract. Additionally, endorsement deals may add an extra $1-2 million per year.

This projection suggests that Reaves could accumulate a net worth well beyond $30 million by the time his current contract ends, positioning him as one of the top earners in his playing position.

Performance Metrics Overview of Austin Reaves

Austin Reaves has steadily grown as an integral player for the Los Angeles Lakers. Over the years, he has developed into a reliable scoring option and playmaker, with impressive shooting percentages and overall performance metrics. Let’s break down his stats into two categories: Scoring Metrics and Overall Performance Metrics, providing a clear understanding of his contributions to the team.

Scoring Metrics

YearFG%3P%FT%TS%
2021-2245.9%31.7%83.9%60.0%
2022-2352.9%39.8%86.4%68.7%
2023-2448.6%36.7%85.3%61.3%

Overall Performance Metrics

YearMPGPPGRPGAPGSPGBPGTOV
2021-2223.27.33.21.80.50.30.7
2022-2328.813.03.03.40.50.31.5
2023-2432.115.94.35.50.80.32.1

Abbreviations:

  • FG%: Field Goal Percentage
  • 3P%: Three-Point Percentage
  • FT%: Free Throw Percentage
  • TS%: True Shooting Percentage
  • MPG: Minutes per Game
  • PPG: Points per Game
  • RPG: Rebounds per Game
  • APG: Assists per Game
  • SPG: Steals per Game
  • BPG: Blocks per Game
  • TOV: Turnovers per Game

Detailed Performance Analysis

From his rookie year in 2021-2022, Austin Reaves demonstrated flashes of brilliance with a 7.3 PPG average. His shooting efficiency, with a 45.9% field goal percentage, showed promise. His 83.9% free throw percentage was an indicator of his reliable scoring ability at the line, essential for late-game situations. As an undrafted player, these numbers positioned him as a key role player.

Chart [ShootingScoring] here!

Moving into the 2022-2023 season, Reaves made significant improvements. His scoring jumped to 13.0 PPG, with an impressive 52.9% FG and 39.8% from three-point range. These statistics reflect his increasing role on the team, transitioning into a more prominent offensive option for the Lakers. His 86.4% FT shows his continued strength in free-throw shooting, solidifying him as a go-to player in high-pressure moments. Moreover, his 28.8 MPG and increased assists (3.4 APG) indicate his evolving playmaking skills.

By 2023-2024, Reaves reached new heights, averaging 15.9 PPG while playing 32.1 minutes per game. His 48.6% FG and 36.7% from beyond the arc remain strong, making him a consistent scorer. He also improved his playmaking abilities, dishing out 5.5 assists per game, which highlights his versatility as both a scorer and facilitator. His increased rebounds per game (4.3) and steals per game (0.8) also suggest his growing contribution on both ends of the floor.

Chart [Overall] here!

In summary, Reaves has steadily progressed each season, becoming an essential player for the Lakers. His shooting efficiency, scoring versatility, and playmaking ability have made him a critical asset. As he continues to develop, Reaves could become one of the top shooting guards in the league, and his contract value may reflect this in the coming years.

Overview of Austin Reaves’ Career

Early Life and Education

Austin Reaves was born on May 29, 1998, in Newark, Arkansas. He grew up in a basketball-centric family, with both his parents, Nicole Wilkett and Brian Reaves, playing college basketball. His older brother, Spencer Reaves, also played basketball. Reaves attended Cedar Ridge High School, where he began showcasing his talent, leading his team to multiple state championships. His family’s strong basketball background undoubtedly shaped his early passion and skills in the sport.

College Career

Reaves initially played for Wichita State University before transferring to the University of Oklahoma for the remainder of his college career. At Oklahoma, Reaves became a standout player, earning First-Team All-Big 12 honors during the 2020-2021 season. He gained a reputation for his versatility, shooting, and playmaking ability, cementing himself as one of the top guards in the country.

Professional Career

Reaves went undrafted in the 2021 NBA Draft, but he soon signed a contract with the Los Angeles Lakers. His hard work paid off, and he quickly became an essential part of the Lakers’ rotation. By the 2023-2024 season, he had secured a 4-year, $53.8 million contract with the team, further establishing himself as a critical player.

Over his short time in the NBA, Reaves has improved dramatically, averaging 15.9 points per game in the 2023-2024 season. His increasing value on the court has also led to a growing off-the-court presence, including potential endorsement deals and fan popularity. He is expected to remain a key player for the Lakers in the upcoming seasons.

Career Earnings and Contract

Reaves’ earnings have increased significantly since he joined the NBA. After starting with a rookie contract worth around $925,258 in 2021, he now earns $12.98 million annually, with the potential for additional performance bonuses and endorsements. His current contract runs through 2026, with future earnings likely to increase if he maintains his current trajectory.

Individual Awards

Although Reaves has yet to receive major NBA awards, his continued improvement and role on the Lakers make him a candidate for future accolades. With his steady growth, it is not unlikely that he may be recognized in categories like Most Improved Player or even named to All-NBA Teams in the future.

Playing Style

Reaves plays primarily as a shooting guard, known for his versatility. He excels in shooting from mid-range, creating plays for his teammates, and his defensive instincts. Reaves is often involved in isolation plays, where he can use his ball-handling skills to break down defenders and create scoring opportunities.

Player Attributes

Reaves’ stats have grown consistently across his career. As of 2024, he averages:

  • 15.9 points per game
  • 4.3 rebounds per game
  • 5.5 assists per game
  • 48.6% field goal percentage
  • 36.7% three-point shooting percentage
  • 85.3% free throw percentage

Personal Achievements

While Reaves has not yet set any official NBA records, his personal achievements on the court have been notable. Here are a few highlights of his career thus far:

Record NameRecord Details
Career-high pointsScored 32 points against the Phoenix Suns in 2023
Most assists in a game11 assists in a 2023 regular season game
Career playoff high16.9 PPG in the 2023 NBA Playoffs

Reaves continues to develop his game, and these achievements are likely to expand as his career progresses.

Important FAQs about Austin Reaves

What is Austin Reaves’ current contract with the Lakers?

Reaves signed a 4-year, $53.8 million contract with the Los Angeles Lakers in 2023. This deal guarantees him an average annual salary of $13.46 million and secures his position with the Lakers until 2026.

How did Austin Reaves start his NBA career?

Despite going undrafted in the 2021 NBA Draft, Reaves quickly signed with the Los Angeles Lakers. His hard work and performance during his rookie season led to increased playing time and, eventually, a significant contract extension in 2023.

What are Austin Reaves’ standout performance statistics?

In the 2023-2024 season, Reaves averaged 15.9 points, 4.3 rebounds, and 5.5 assists per game. His shooting accuracy was notable, with a 48.6% field goal percentage and 36.7% from three-point range.

What is Austin Reaves’ role on the Lakers?

Reaves plays primarily as a shooting guard and is valued for his versatility, playmaking, and defensive capabilities. He is involved in isolation plays and has become a key player in the Lakers’ lineup.

What is Austin Reaves’ net worth in 2024?

As of 2024, Reaves has an estimated net worth of $2 million, primarily stemming from his NBA salary. His contract and potential endorsement deals are expected to increase his wealth significantly in the coming years.

Conclusion

Austin Reaves’ rise in the NBA has been remarkable, and his performance with the Los Angeles Lakers continues to impress fans and analysts alike. If you found this article helpful, please feel free to leave a comment, share it, or explore more content on the website. As always, I’m Malika Andrews, and I look forward to hearing your thoughts on Reaves’ journey and finances.

Share your love
Avatar photo
Malika Andrews

Hi, I'm Malika Andrews. I'm excited to introduce GoldenHoopsFinance.com - the leading source for financial information in professional basketball. Our website provides in-depth analysis of player contracts, salary caps, and endorsement deals. With our team of experienced experts, we don't just report the news; we explain the meaning behind the numbers. Whether you're a passionate fan or a professional analyst, GoldenHoopsFinance.com will help you gain a deeper understanding of the financial aspects of this sport.

Articles: 128

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay informed and not overwhelmed, subscribe now!