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Luka Doncic Signs Three-Year, $165 Million Extension With Lakers

The extension cements Doncic as the Lakers’ long-term centerpiece with a 2028-29 player option.

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Luka Doncic of the Los Angeles Lakers dribbles during a 103-96 loss to the Minnesota Timberwolves
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Luka Doncic, formerly of the Dallas Mavericks and new member of the Los Angeles Lakers, looks on as Rob Pelinka, Los Angeles Lakers general manager, speaks at a press conference at UCLA Health Training Center on February 04, 2025 in El Segundo, California.

Overview

  • The three-year, $165 million deal replaces Doncic’s previous player option and keeps him under contract through the 2027-28 season.
  • By avoiding free agency next summer, the extension anchors the Lakers’ short- and long-term planning around the 26-year-old star.
  • Doncic helped recruit key offseason additions Deandre Ayton and Marcus Smart, highlighting his growing influence on roster construction.
  • The structure preserves salary-cap flexibility for future moves and positions Doncic to qualify for a 35 percent max deal in 2028.
  • As LeBron James enters his 23rd season, the agreement signals a leadership transition and sets the stage for a final title push together.