The basketball world is buzzing as Luka Doncic, the phenomenal Slovenian star, has officially committed his long-term future to the Los Angeles Lakers, signing a monumental three-year, $165 million contract extension. This landmark agreement solidifies the deep commitment between Doncic and the iconic Los Angeles Lakers franchise, coming just six months after his blockbuster trade from the Dallas Mavericks, marking a new era for the Purple and Gold.
The ink dried on Saturday, the very first day Doncic became eligible to extend his deal following his highly anticipated arrival in Los Angeles on February 1st. ESPN, through Doncic’s agent Bill Duffy, was first to report the specifics of the lucrative extension, which includes a crucial player option for the 2028-29 NBA season, granting the 26-year-old superstar significant future flexibility.
Financially, the deal is structured to account for Doncic’s current and future earnings. His $45.9 million salary for the 2025-26 season will seamlessly transition into the new terms. The existing $48.9 million player option for 2026-27 is now superseded by a $51 million salary, followed by escalating figures of $55.1 million in 2027-28 and $59.2 million in his player-option year, reflecting his increasing value as one of the game’s elite talents.
A key aspect of this contract extension is its strategic design, potentially positioning Luka Doncic to become an unrestricted free agent in the 2028 offseason. This timing is significant as it aligns with when Doncic will have completed 10 years of NBA service, making him eligible to sign a new deal starting at an unprecedented 35% of the salary cap, a substantial increase from the 30% currently permitted. This could pave the way for a staggering five-year, over $400 million deal with the Los Angeles Lakers if he declines his 2028-29 player option.
Lakers General Manager Rob Pelinka emphasized the profound impact of the signing, stating, “[Saturday] is a monumental moment for our franchise. Luka Dončić’s future is with the Los Angeles Lakers.” Pelinka lauded Doncic as “one of the game’s most transcendent players,” highlighting his “on-court dominance and passion” and the “immediate connection and admiration” he developed with the Lakers fanbase, noting Doncic’s unique blend of competitive fire and community care.
This NBA contract extension unequivocally cements Luka Doncic’s status as the definitive face of the Los Angeles Lakers franchise, a move widely anticipated given the clear signals from both player and organization. Since his trade, the Lakers have meticulously centered their short- and long-term strategic plans around the Slovenian phenom, demonstrating a steadfast commitment to building a championship-contending roster around him.
Even amidst significant offseason roster enhancements, including key additions like Ayton and Smart, the Lakers have diligently preserved their financial flexibility, a testament to their unwavering focus on constructing the optimal team surrounding their new cornerstone, Luka Doncic. The star himself has actively participated in these roster developments, playing a crucial role in recruiting talents to the Los Angeles Lakers after their respective offseason buyouts, further illustrating his dedication to the team’s success and his commitment to the franchise. The expectation is clear: Luka Doncic, who has impressed with his improved physique this summer, is here to lead the Lakers for many years to come, with the ultimate goal of bringing more championships to Los Angeles.
