The Lakers know Reeves will refuse the offer, and both sides have the motivation to reach a contract renewal next summer

ESPN reporter Dave McMenamin reported today that although Austin Reeves rejected the Lakers' four-year, $89.2 million early renewal offer this week, sources said it was not surprising.

Because in the summer of 2026, Reeves is eligible to sign a four-year contract extension of up to $98 million, or Reeves can choose to jump out of the contract and become a full free agent.

sources revealed that the Lakers are currently giving a four-year, $89.2 million renewal offer because they know Reeves will refuse, but the team still wants to express their interest in Reeves and does not want to send a wrong signal to Reeves by not giving a offer. Sources say Reeves and the Lakers have the motivation to reach a contract extension next summer.