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Luka Doncic Commits to Lakers With Three-Year, $165M Extension

Locked in through 2028 by its 2028-29 player option, the extension removes Doncic’s 2026-27 opt-out, preserving cap flexibility.

Los Angeles Lakers Luka Doncic is interviewed Spectrum SportsNet following a press conference announcing the signing of his contract extension at UCLA Health Training Center on Aug 2, 2025.
The Lakers secure Luka Doncic with a whopping $165 million extension.
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Overview

  • The three-year, $165 million deal includes a player option for 2028-29, replacing his previous opt-out and binding him to Los Angeles through 2028.
  • By bypassing next summer’s free agency, the contract preserves significant salary-cap space for further roster enhancements.
  • The structure positions Doncic to pursue a five-year, roughly $417 million supermax extension in 2028 when he becomes eligible for a 35 percent cap share.
  • Since his February arrival, Doncic has played a key role in recruiting offseason additions Deandre Ayton and Marcus Smart while unveiling a transformed, championship-ready physique.
  • Lakers president Rob Pelinka called the signing a “monumental moment” that cements the franchise’s pivot to build its post-LeBron era around Doncic.