Utah Jazz Emerging as Serious Threat in Austin Reaves Free Agency as Lakers Face Defining Decision

As the Los Angeles Lakers prepare for a pivotal offseason, one name looms larger than almost any other: Austin Reaves. The undrafted guard who has become a foundational piece of the Lakers’ present and future is set to hit unrestricted free agency, and at least one team is positioning itself as a legitimate threat to pry him away.
According to Yahoo Sports’ Kevin O’Connor, the Utah Jazz are expected to show strong interest in Reaves this summer — and they have the financial muscle to make things uncomfortable for Los Angeles.
Utah Jazz Ready to Make a Major Push
Appearing on his podcast, O’Connor made it clear that Utah is not just monitoring Reaves — they are preparing to pursue him aggressively.
“I think the Utah Jazz are going to be a team that has big interest in Austin Reaves this summer,” O’Connor said.
“There are going to be teams that make a big max offer for Reaves, and he’s going to have that choice.”
The timing matters. Utah is projected to have up to $70 million in cap space, giving them flexibility few teams possess. While the Jazz are still rebuilding, they have been actively searching for a player who can anchor their offense, elevate their culture, and grow into a franchise centerpiece.
Reaves checks every box.
Why Reaves Is So Attractive on the Market
Reaves’ rise has been one of the NBA’s most compelling development stories. Undrafted in 2021, he worked his way into the Lakers’ rotation, earned the trust of LeBron James, and has now elevated himself into borderline star territory.
Before suffering a grade 2 left gastrocnemius strain on Christmas Day against the Houston Rockets, Reaves was enjoying the best season of his career, averaging:
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26.6 points per game
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6.3 assists
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5.2 rebounds
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50% shooting from the field
Those numbers place him firmly among the league’s elite offensive guards — and at just 27 years old, he is entering his prime.
For a team like Utah, Reaves represents more than talent. He represents legitimacy.
The Money: Lakers vs. Jazz
Financially, the Lakers still hold the strongest hand.
Because they own Reaves’ full Bird Rights, Los Angeles can offer him a five-year, $241 million max contract. Competing teams like Utah are limited to a four-year, $178.5 million deal.
That gap is significant — both in total money and long-term security. But history has shown that money alone doesn’t always decide free agency.
As O’Connor pointed out, Reaves will have a choice, and that choice may involve more than just dollars.
Shades of James Harden 2012?

Some analysts, including Tom Haberstroh, have drawn parallels between Reaves’ situation and James Harden’s 2012 departure from Oklahoma City. At the time, Harden left a contending Thunder team featuring Kevin Durant and Russell Westbrook to become the face of the Houston Rockets.
The logic is similar.
No matter how good Reaves becomes, he will never be the No. 1 offensive option in Los Angeles while Luka Dončić and LeBron James are on the roster. In Utah, however, he could be the guy — the focal point of an offense, the leader of a young roster, and the face of a franchise.
That type of opportunity can be tempting, especially for a player who has already beaten the odds once.
Spurs Also Lurking — Quietly
The Jazz are not the only team keeping an eye on Reaves. The San Antonio Spurs have also been mentioned as a potential dark-horse suitor.
However, San Antonio’s interest comes with questions. The Spurs’ backcourt is already crowded with De’Aaron Fox, Stephon Castle, and future star Dylan Harper. While Reaves’ versatility could make the fit work, Utah presents a far cleaner pathway to offensive prominence.
Reaves Has Repeatedly Declared Loyalty to Lakers
Despite the growing speculation, Reaves himself has been consistent in his messaging: he wants to stay in Los Angeles.
Speaking to ESPN’s Dave McMenamin in November, Reaves made it clear that money is not his sole motivator.
“Even though the other extension was turned down, that doesn’t mean that I’m trying to go get a f—ing gigantic number that don’t make sense,” Reaves said.
“I want to be here, I want to win. I want to do everything that can help this organization be better.”
Reaves even acknowledged he would be willing to take a pay cut, citing loyalty to the franchise that gave him his first opportunity.
Lakers Fully Committed to Paying Reaves
That loyalty appears to be mutual.
According to The Athletic’s Sam Amick, the Lakers have no intention of letting Reaves walk — and no interest in trading him before the February 5 deadline.
“Jeanie Buss is the captain of the Austin Reaves Fan Club,” Amick said on Run It Back on FanDuel TV.
“Rob Pelinka is a huge fan as well…Right now, all signs point to them paying Austin Reaves that massive amount coming his way this summer.”
This stance reportedly shut down any internal discussion of dealing Reaves, even amid rumors involving Memphis Grizzlies star Jaren Jackson Jr.
The Stakes Couldn’t Be Higher
For the Lakers, this is more than a contract negotiation. It’s a franchise-defining decision.
Reaves embodies everything the Lakers want to project in the post-LeBron era: development, toughness, intelligence, and two-way impact. Letting him leave would not only weaken the roster — it would undermine the organization’s ability to retain elite talent it develops internally.
For Utah, Reaves represents a rare opportunity to land a proven star entering his prime without sacrificing draft capital.
The battle lines are forming.
Whether Reaves ultimately prioritizes loyalty, legacy, or leading his own team will define one of the most fascinating free agency stories of the summer — and potentially reshape the future of both franchises.