Lakers, Luka Doncic reach agreement on three-year max contract extension

Luka Doncic and the Los Angeles Lakers are coming off a first-round exit, and next season will be Luka’s first full season with the Lakers. Jason McIntyre says that the Lakers will be fine with Luka taking charge.

Luka Doncic will not test the free agency market. Instead, the five-time NBA All-Star has agreed to a contract extension that will tie him to the Los Angeles Lakers through 2028.

Doncic and the Lakers finalized a three-year maximum contract extension. ESPN reported, citing an agent, that the deal was worth $165 million. The Lakers don't publicly announce the details of contracts.

The Slovenian superstar's previous contact included a player option for the 2026-27 campaign.

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Los Angeles Lakers guard Luka Doncic arrives before an NBA basketball game against the Utah Jazz, Monday, Feb. 10, 2025, in Los Angeles.  (AP Photo/Mark J. Terrill)

Doncic reacted to the new contract on social media.

NBA FREE AGENCY SIGNINGS TRACKER: LUKA DONČIĆ, LAKERS AGREE TO $165M EXTENSION

"I just signed my extension with the Lakers. Excited to keep working to bring championships to LA and make Laker Nation proud," the 2024 NBA scoring champion wrote on X. "Grateful to the Lakers, my teammates and all the fans who’ve shown so much love since day one. This is just the beginning."

Los Angeles Lakers guard Luka Doncic (77) speaks to the media after the game against the Dallas Mavericks reacts at Crypto.com Arena. (Gary A. Vasquez-Imagn Images)

The Lakers acquired Doncic from the Dallas Mavericks last February in a shocking blockbuster trade for Anthony Davis. 

The five-time All-NBA selection averaged 28.2 points, 8.2 assists and 7.7 rebounds per game last season while teaming up with