December 8, 2023

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Lakers agree to $56 million contract with Austin Reeves after retaining D’Angelo Russell and Rui Hachimura

Lakers agree to $56 million contract with Austin Reeves after retaining D’Angelo Russell and Rui Hachimura

ESPN reports that the Los Angeles Lakers have capped two busy days of free agency by agreeing to a four-year, $56 million contract with standout guard Austin Reeves.

The deal allowed the Lakers to keep their top three free agents, after they reached terms with D’Angelo Russell on a two-year, $37 million contract earlier Saturday, and agreed to re-sign Rui Hachimura on Friday.

Los Angeles also signed Miami Heat agent Gabe Vincent with a three-year, $33 million contract, and added former Portland Trail Blazers striker Cam Reddish and former Minnesota Timberwolves striker Taurian Prince. The signings will help strengthen the Lakers roster around LeBron James and Anthony Davis.

Retaining Reaves was a priority for the Lakers after a breakout season in which he shot 52.9% from the field, 39.8% on 3-pointers and 86.9% on the free throw line while averaging 13 points, 3.4 assists and 3.0 rebounds per game.

Hashimura agreed to a three-year, $51 million contract to stay with the Lakers after his midterm trade from the Washington Wizards. Reddish joins Los Angeles on a minimum veteran’s contract, while Prince signs a one-year, $4.5 million contract.

Vincent lands in Los Angeles after the postseason ends in Miami. He joined the Heat in a limited role as an undrafted free agent during the 2019-20 season. His play eventually earned him a part-time role and a two-year, $3.48 million role for the 2021-22 and 2022-23 seasons. He made 34 starts in 68 regular season games last season, averaging 9.4 points, 2.5 assists and 0.9 steals per game while shooting 40.2% from the floor and 33.4% from 3-point distance.

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He raised his production and was a key contributor during Miami’s surprise run to the NBA Finals as the No. 8 seed in the Eastern Conference. Vincent started all 22 games for Miami, averaging 12.7 points, 3.5 assists, and 0.9 steals per game while shooting 40.2% from the field and 37.8% from 3-point distance on 6.1 attempts per game. His solid long-running effort combined with those of his teammates played a significant factor in Miami’s postseason success.

Vincent’s previous professional earnings It totaled $3.5 million Over three seasons with the Heat.

Now he’s joining the Lakers bent on dethroning the NBA champion Denver Nuggets in the Western Conference. His post-season poise certainly played a role in their decision to sign him.

Hachimura thrived in the post-season with the Lakers during their run to the Western Conference Finals. He averaged 12.2 points and 3.6 rebounds as a bench role while shooting 55.7% from the field and 48.7% on 2.4 three-pointers per game in 16 playoff games. He was a restricted free agent before his new contract was agreed upon.

Former Lakers guard Meanwhile, Dennis Schroeder is reported to be leaving Los Angeles To join the Raptors after Fred VanVleet left Toronto to join the Houston Rockets.