Overview
- The Lakers announced the three-year, $165 million extension for Luka Doncic on August 2 via their official social media channels.
- The deal includes a player option in 2028 that positions him to negotiate a five-year, $417 million supermax contract.
- General Manager Rob Pelinka described the extension as “a moment monumental,” underscoring the franchise’s commitment to Doncic as its long-term cornerstone.
- The extension follows the February blockbuster trade that brought Doncic from the Dallas Mavericks in exchange for Anthony Davis, reshaping the Lakers’ rebuild strategy.
- In conjunction with the new contract, Doncic pledged $5 million through his foundation to support 77 young athletes worldwide.