The Los Angeles Lakers have formally secured their newly anointed franchise participant for the close to future, signing star guard Luka Doncic to a three-year, $165 million contract extension on Saturday, first reported by ESPN’s Shams Charania.
The deal, which goals to maintain Doncic a Laker by means of the 2029-30 season, incorporates a participant choice that may enable the 25-year-old to decide out in Summer time 2028 and signal a extra profitable five-year, $417 million max contract, because the league’s wage cap shall be approaching the $200 million mark because of the $7 billion per 12 months the league is receiving for its media rights.
Had Doncic not been traded from Dallas to Los Angeles on the deadline, he would have been eligible to signal a five-year, $345 million extension with the Mavericks this summer time. As Charania defined in his authentic report, the conveniently timed participant choice will enable Doncic to recoup the potential cash he misplaced when he was traded to the Lakers.
Doncic shared the information of his extension along with his loyal fan base on social media, posting a photograph from the signing in addition to a message for Laker Nation.
I simply signed my extension with the Lakers. Excited to maintain working to deliver championships to LA and make Laker Nation proud. Grateful to the Lakers, my teammates and all of the followers who’ve proven a lot love since day one. That is just the start. 💜💛 pic.twitter.com/PrTfTxxlpU
— Luka Doncic (@luka7doncic) August 2, 2025
“I simply signed my extension with the Lakers,” Doncic wrote. “Excited to maintain working to deliver championships to LA and make Laker Nation proud. Grateful to the Lakers, my teammates and all of the followers who’ve proven a lot love since day one. That is just the start. 💜💛.”
Lakers Basic Supervisor and President of Basketball Operations Rob Pelinka gushed about Doncic and what he means to the franchise in a press launch issued by the group on Saturday morning.
“At this time is a monumental second for our franchise. Luka Dončić’s future is with the Los Angeles Lakers,” Pelinka stated. “Luka is among the sport’s most transcendent gamers, and his on-court dominance and keenness is with out evaluate.
The Lakers lengthen Luka Doncic. pic.twitter.com/HxHCcIj3Gw
— Arash Markazi (@ArashMarkazi) August 2, 2025
“From the second Luka turned a Laker, there was an instantaneous connection and admiration between Luka and our fanbase. You possibly can really feel it in your spirit whenever you attend a Lakers sport. Luka is an absolute killer on the court docket, and blends that with a novel generosity and take care of the neighborhood. Above all else, Luka will lead our franchise to pursue future championships, a aim that may without end outline the Lakers.”
What’s additionally important, contemplating the coldness below which his tenure in Dallas ended, is holding the celebrity feeling comfy and pleased with the group. If Doncic’s personal phrases are any indication, the Lakers have achieved a effective job of that.
“I’m actually grateful to the Lakers group, my teammates and the followers for welcoming me and my household with a lot assist and kindness since day one,” stated Dončić. “That is a tremendous group, and I actually consider in what we’re constructing collectively. I’m going to maintain working as laborious as I can to deliver one other championship to Los Angeles and to make Laker Nation proud. That is just the start. I’m excited for what’s forward and to maintain constructing one thing particular with this group.”
