L.A. Lakers secure Slovenian sensation Luka Doncic for three years, locking in a whopping $165 million contract.
Luka Doncic Commits to Los Angeles Lakers, Donates $5 Million to Athletes
In a significant move for the Los Angeles Lakers, star player Luka Doncic has agreed to a three-year, $165 million maximum contract extension, keeping him with the team through at least 2027-28. The extension was announced on Doncic's social media account 'X'.
The extension, which includes a player option for the 2028-29 season, eliminates Doncic's prior 2026-27 player option under his original contract. This move allows Doncic the potential to opt out in 2028 and sign a subsequent, much larger deal – reportedly a five-year contract worth over $400 million.
The Lakers are betting on Doncic as their future leader, and the extension solidifies him as the franchise cornerstone for the foreseeable future. Doncic expressed his strong commitment to the Lakers, emphasizing his belief in the organization’s direction and his goal of bringing championships to Los Angeles.
In a separate announcement, Doncic revealed that he would be donating $5 million to help 77 young athletes pursue their dreams. However, Doncic did not mention any specific details about the support or the athletes involved. There is no information about any partnerships or organizations involved in the donation, or the source of the funds.
The Lakers have been busy this summer, strengthening their team with the signings of Jake LaRavia, Deandre Ayton, and Marcus Smart. LeBron James continues to play for the Lakers.
This contract extension comes six months after Doncic's high-profile trade from the Dallas Mavericks. The Lakers celebrated the contract extension as the "start of the journey".
In alignment with his new deal, Luka Doncic announced that he will support 77 aspiring athletes, donating $5 million towards their sports endeavors. Despite his commitment to the Los Angeles Lakers on the basketball court, his charitable endeavors extend beyond the NBA arena.
