Luka Dončić Commits Long-Term to Lakers with New $165M Deal
Luka Dončić has only spent six months with the Los Angeles Lakers, but that was enough for him to believe this team is his future. He dreams of winning championships, playing for a world-famous team in a big city, and maybe one day seeing his jersey hanging in the rafters alongside Lakers legends.
On Saturday, Dončić took a big step toward that dream by agreeing to a 3-year contract extension worth $165 million. This deal keeps him with the Lakers until at least 2028, avoiding free agency next summer. “Being a Laker is an honor,” Dončić said at a press conference held at the team’s training facility. “I want to be one of the greats here.”
The final year of the deal includes a player option, and after that, Dončić will be eligible for a massive five-year extension. A person close to the agreement confirmed the details but asked to stay anonymous since the team hasn’t shared contract terms publicly.
Dončić came to the Lakers in a huge trade with the Dallas Mavericks that sent Anthony Davis the other way. Since joining the Lakers, the Slovenian star averaged 28.2 points, 8.2 assists, and 7.7 rebounds per game. Alongside LeBron James, the team won 50 games and finished third in the Western Conference. Although they lost in the first round of the playoffs to Minnesota, Dončić said he enjoyed his first few months in Los Angeles and is excited about the future.
“This is a special place,” Dončić said. “So many legends played here. I want to be one of them.” He also said he’s been working hard this summer on fitness and strength, a sign of renewed commitment after questions arose about his conditioning back in Dallas. He appeared fit and confident, joking that he’ll be “a little bit faster” next season.
Locking down Dončić with no drama is a huge win for the Lakers, especially after recent changes in team ownership. The Buss family recently sold a controlling stake in the franchise to a group led by Dodgers owner Mark Walter.
Dončić will return this fall with LeBron James, who’s set to begin his record-breaking 23rd NBA season. Lakers general manager Rob Pelinka called Dončić “the centerpiece” of the franchise and confirmed that communication with LeBron and his team has been positive. “We’re giving LeBron space to make his own choices about the future,” Pelinka said, adding, “If he retires as a Laker, that would be amazing.”
Dončić has already made an impact beyond the court. He helped convince stars like Deandre Ayton and Marcus Smart to join the Lakers. He said he respected both players and was happy they joined the team. Both Ayton and Smart were present at the press conference to show support for their new teammate.
Dončić believes the team has what it takes to win. “We have a great squad,” he said. “I’ll give everything I have to help us win. We’re going for the title.”
FAQ
How long is Luka Dončić’s new contract with the Lakers?
Luka Dončić has signed a 3-year contract extension with the Los Angeles Lakers, keeping him with the team through the 2027-28 season.
How much is the deal worth?
The deal is worth $165 million, making it one of the most lucrative extensions in recent NBA history.
Does the contract include any options?
Yes, the contract includes a player option in the final year, giving Dončić flexibility for future negotiations.
Why did Dončić choose to stay with the Lakers instead of becoming a free agent?
Dončić said he feels honored to be a Laker and is focused on building a legacy with the team. He dreams of winning championships and having his name remembered alongside Laker legends.