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Luka Doncic has officially signed a new long-term extension with the Los Angeles Lakers, as announced by the team on Saturday, in a contract reportedly valued at $165 million over three years.
The Slovenian superstar, who was acquired by the Lakers in a stunning trade earlier this year, will be with the Lakers for the next three years through 2028. Doncic, 26, expressed his happiness with the agreement, saying he aims to help the Lakers return to the top of the NBA.
“Today is a monumental moment for our franchise. Luka Doncic’s future is with the Los Angeles Lakers,” Lakers president of basketball operations Rob Pelinka said in a statement.
“Luka is one of the game’s most transcendent players, and his on-court dominance and passion is without compare,” Pelinka added.
Doncic was traded to the Lakers from the Dallas Mavericks in February in a deal that shocked the league. He played 28 games to conclude the regular season, averaging 28.2 points, 8.1 rebounds, 7.5 assists, and 1.6 steals.
Before this contract, Doncic was set to become a free agent in 2026, but he has now made a long-term commitment to the Lakers. The Mavericks traded Doncic in exchange for Anthony Davis, going to their team.
“I’m really grateful to the Lakers organisation, my teammates and the fans for welcoming me and my family with so much support and kindness since day one,” said Doncic.
One reason the Mavericks opted to part ways with Doncic was their concerns regarding his physical conditioning, despite him being considered a generational talent.
However, Doncic appears to have trimmed down in recent photos and videos, a result of a rigorous off-season training regimen that seems to have produced significant improvements.
