A significant development in the NBA has been reported, with the Los Angeles Lakers reaching a deal with one of their players. Austin Reaves will be re-signing with the team. The contract is said to be for four years and is valued at $185 million.

This information comes from a person with knowledge of the deal, who chose to remain anonymous as the deal is not yet official. Further details about the deal can be found through The Associated Press, which broke the story on Wednesday. At this time, that is the extent of the information available about Reaves' new contract with the Lakers.