Lakers Free Agent Signings: Reaves, Hayes, Vincent, Reddish + More
The Los Angeles Lakers came out swinging on the first two days of this year’s NBA free agency period, and they connected to revamp and seemingly complete a home-run roster. No one was more pleased than Laker star LeBron James, who took to Instagram to recap his team’s moves.
In this article, we have completed the task of breaking down the plethora of Lakers free agent signings and reviewing DraftKings Sportsbook’s updated odds for the Lakers to win the NBA Finals in 2023-24.
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If you are interested in reading all of our coverage regarding NBA free agency, check out our Day 1 recap here, as well as our Suns free agent signings recap here.
Los Angeles Lakers Free Agent Signings After Day 1 & 2 of 2023 NBA Free Agency
In just two days, the Lakers have already signed four newcomers and re-signed three players to build a deep roster around stars Anthony Davis and LeBron James. The Lakers have received praise from media everywhere for their precise aggression targeting players who are good fit for their championship aspirations.
If there was any concern among fans the Lakers wouldn’t be going for their 18th banner in the upcoming season, this barrage of signings put that to rest. So, before we dive into the Lakers’ updated championship odds, let’s dive into each of their moves over the past two days.
The Lakers Re-Sign Austin Reeves, D'Angelo Russell & Rui Hachimura
The Lakers cemented their starting backcourt by bringing back guards Austin Reaves (four-year max extension for $56M) and D’Angelo Russell (two-year, $37M). Russell came over to the Lakers from the Timberwolves at the trade deadline while Reaves burst onto the scene this past season as a true breakout star. Reaves, who went undrafted in the 2021 NBA Draft, signed with the Lakers that summer before steadily rising into the rotation and into stardom by the time this past playoff run rolled around. Reaves went on to score just under 17 points per game in the playoffs, proving a quality third option to Davis and James
The first of the Lakers free agent signings returnees, however, was Rui Hachimura (three-year, $51M). Like Russell, Hachimura came over from the Wizards in this past trade deadline haul. He became a playoff hero off the bench scoring 12.2 points per game on nearly 49% shooting from beyond the arc.
Each of these three Lakers free agent signings figure to be critical moves as key roster continuation can play a significant role in developing chemistry and working towards a title.
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Taurean Prince, Gabe Vincent, Jaxson Hayes & Cam Reddish are the Newest Lakers and Account for $44.1 Million
The next batch of Lakers free agent signings covered are the newbies. Perhaps the most crucial is the guard Gabe Vincent (three-year, $33M). Vincent is coming off a terrific season for the Miami Heat where he played 25.9 minutes per game in the regular season, scoring 9.4 points per game, while collecting 2.5 assists and 2.1 rebounds per game. While these numbers don't jump off the page, something Vincent has in common with Hachimura and Reaves are his playoff stats.
He played just under 31 minutes per game in the Heat’s run to the finals, scoring nearly 13 points per game on 38% from deep, racking up 3.5 assists and a steal per game. Vincent is a glue guy and a player who always seems to make the right play while playing spectacular defense. He figures to be a key role player for the Lakers.
Taurean Prince was one of the first reported free agency signings and he was the first to kick off the Lakers free agent signings. Prince signed a one-year deal for $4.5M after his player option was declined by the Timberwolves. Prince averaged 9.1 points on 46.7% from the field in 2022-23.
A couple of young bucks round out the Lakers free agent signings thus far. Former top prospect and 3-and-D prototype Cam Reddish signed to a two-year league minimum deal. The Lakers will see if they can get Reddish’s career and shooting on track and develop him to reach his ceiling. Freak athlete Jaxon Hayes also joins the Lakers on a two-year deal. Hayes’ mobile 6’11 frame and 7’3 wingspan could spell trouble for opposing big men trying to do work in the lane. Hayes is a buy-low, high upside-solution to the Lakers need for paint defense.
With a variety of established veterans and two former lottery picks coming in with untapped potential (Reddish and Hayes), the Lakers free agent signings point to improved DraftKings odds (+1200) to take home a championship in 2023-24.
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The Lakers now sit with the sixth best odds on DraftKings to win it all in 2024. Only the Denver Nuggets (+475), Boston Celtics (+500), Phoenix Suns (+600), Milwaukee Bucks (+850) and Miami Heat (+900) sit with shorter odds.
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