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Luka Doncic agrees to a three-year $165 million contract extension through 2028 with the LA Lakers

LOS ANGELES COUNTY, CALIFORNIA, AUG 3 – Luka Doncic signed a three-year, $165 million extension making him the Lakers' franchise centerpiece as the team reloads for a title run with key new acquisitions.

  • On Saturday, NBA star Luka Dončić agreed to a three-year, $165 million contract extension with a player option for the 2028-29 season, a person with knowledge confirmed to the AP.
  • On Aug. 2, extend-and-trade restrictions expired, making Luka Dončić eligible for a maximum-salary extension six months since his trade from Dallas to Los Angeles.
  • It will be worth roughly $160.8MM over three years based on a 7% NBA cap increase, including salaries of $49,641,600, $53,612,928 and $57,584,256.
  • The reported $165 million deal makes Luka Dončić the franchise cornerstone, Lakers president Rob Pelinka said `Luka Dončić's future is with the Los Angeles Lakers`.
  • He would then be eligible for a five-year deal worth up to $417MM in 2028 free agency, positioning him for a 35% cap maximum.
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The movements of the free agency remind the NBA. The most commented, so far, were the arrival of Kevin Durant to the Houston Rockets, or the extensions of Chet Holmgren and Jaylen Williams to keep intact the core of Oklahoma City Thunder, the champions of the 2024/25 course.However, during this weekend, another news occurred that gave to speak in the market of the most important basketball league in the world. Luka Doncic, star base of Los Angel…

·Chile
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Center

Just hours after officially signing a new three-year contract with the Los Angeles Lakers worth 142.3 million euros, Slovenian basketball star Luka Dončić appeared before numerous representatives of the seventh force and answered their questions. The 26-year-old said, among other things, that the 17-time champions, with their new reinforcements, have everything they need to jump to the top of the NBA league.

·Ljubljana, Slovenia
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CBS Sports broke the news in United States on Friday, August 1, 2025.
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