The Los Angeles Lakers secured their future by signing Luka Doncic to a three-year, $165 million contract extension. This includes a player option in 2028.
Related: Breaking: Luka Doncic signs three-year, $165 million contract extension
Doncic’s salary will reach $206.8 million by the 2028-29 season. Then, when his player option takes effect, Doncic can opt out and re-sign for a five-year, $417 million deal.
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Lakers GM Rob Pelinka claimed signing Doncic to the contract extension is a “monumental moment” for the Lakers franchise.
“Today is a monumental moment for our franchise,” Pelinka said. “Luka Doncic’s future is with the Los Angeles Lakers. Luka is one of the game’s most transcendent players, and his on-court dominance and passion is without compare.
“From the moment Luka became a Laker, there was an immediate connection and admiration between Luka and our fanbase. You can feel it in your spirit when you attend a Lakers game.
“Luka is an absolute killer on the court, and blends that with a unique generosity and care for the community. Above all else, Luka will lead our franchise to pursue future championships, a goal that will forever define the Lakers.”
The Lakers are in good hands for the foreseeable future. Doncic is one of the best players in the NBA, and that’s not going to change anytime soon.
