Austin Reaves is expected to reject his $14.9 million player option with the Los Angeles Lakers to become a free agent this upcoming summer. The news was first reported by ESPN's Dave McMenamin.
The American shooting guard, who has established himself as one of the most important pieces in the Los Angeles Lakers' rotation, will opt to hit the market in search of a more lucrative contract after several seasons of growth within the Lakers' project.
Reaves signed his current deal after standing out as one of the team's most reliable role players, providing scoring, playmaking, and the ability to shoulder offensive responsibilities alongside the team's star players.
If his decision is confirmed, the 26-year-old perimeter player will become one of the notable names on the NBA free agent market this summer, while the Lakers will need to evaluate whether to attempt to retain one of the players who has delivered the best performance on their perimeter in recent seasons.