Luka Doncic secures a three-year contract extension with the Los Angeles Lakers, official news reveals.
Luka Doncic Signs Three-Year, $165 Million Extension with the Los Angeles Lakers
Luka Doncic, one of the game's most transcendent players, has committed his future to the Los Angeles Lakers, signing a three-year, $165 million maximum contract extension. The deal keeps him with the Lakers through the 2029-30 season.
The extension replaces his previous 2026-27 player option and secures Doncic's services for three more years, covering the 2025-26, 2026-27, and 2027-28 NBA seasons. The contract includes a player option for the 2028-29 season, allowing Doncic to opt out and potentially sign a new supermax deal worth up to five years and $417 million based on the projected salary cap.
This move prevents Doncic from hitting free agency in 2026 and provides the Lakers with a foundation superstar to build their roster around moving forward. The deal also signals Doncic’s commitment to Los Angeles after the high-profile trade from Dallas earlier in 2025.
The extension significantly affects the Lakers’ salary cap space, reducing it to approximately $104.4 million in 2026-27 and further thereafter, with Doncic’s salary decreasing each year until the player option season, which is projected at $55.1 million.
Doncic has expressed optimism about the partnership and championship goals, stating the extension is just the beginning for what he and the Lakers are building together. He is excited to work towards bringing championships to Los Angeles and making Laker Nation proud.
The Lakers organization, teammates, and fans have been supportive and kind to Doncic and his family since he joined the team. Doncic's connection and admiration with the Lakers' fanbase are highlighted as immediate and palpable.
Rob Pelinka, the Lakers' General Manager and President of Basketball Operations, expressed excitement about Doncic's future with the franchise. Doncic announced his contract extension on social media, sharing a photo from the signing and a message for Laker Nation.
With the extension, Doncic's player option in the contract allows him to recoup potential money lost due to the trade. If opted out, Doncic could sign a more lucrative five-year, $417 million contract in 2028.
Doncic is known for his unique generosity and care for the community, and his admiration for the Lakers' fanbase is evident. He is excited for what's ahead and to keep building something special with the Lakers team.
As the league's salary cap approaches $200 million due to the $7 billion per year the NBA is receiving for its media rights, the signing of Doncic further cements the Lakers' position as a formidable force in the NBA.
[1] ESPN [2] NBA.com [3] Forbes
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