Austin Reaves Lands 7-Figure Signature Shoe Deal With Chinese Company Rigorer

Austin Reaves' hot streak continues -- fresh off his breakout season with the Lakers, the former undrafted NBA prospect has inked a signature shoe deal that's reportedly worth millions!!

The 25-year-old signed a multi-year contract with Chinese brand Rigorer that could "reach over seven figures per year," according to Shams Charania ... and it includes getting his very own sneaker, the "AR1."

Reaves talked about the business move on Thursday ... saying, "If you would have told me I'd have had a signature shoe at 18, I'd have looked at you and called you a liar."

"Honestly, I'm blessed to play basketball for a living and I just have to pinch myself sometimes to really understand what's going on."

Reaves blew up this past season ... becoming an important piece on the Lakers roster, averaging 21 points a game in the Western Conference Finals against the Denver Nuggets.

The Arkansas native's shoe deal isn't the only major source of income -- he's expected to be a big target in free agency, with teams prepping to offer him more than $50 million over four years.