Los Angeles Lakers guard Austin Reaves is set to remain with the team. A new contract is in the works, with Reaves expected to sign a four-year deal. The contract's value is reportedly $185 million, a maximum amount.

Details of the agreement were reported by multiple media outlets on Wednesday. The Lakers are retaining Reaves through this new contract.

Further information on the contract and its implications can be found through various media sources, including the initial report from multiple outlets on Wednesday.