Luka Dončić Signs $165M Lakers Extension Through 2028

Luka Dončić has signed a three-year, $165 million maximum extension with the Los Angeles Lakers that keeps him under contract through 2028, with a player option for the 2028-29 season. This deal removes him from the 2025 free agency market and positions him for a potential record-breaking five-year, $417 million supermax extension afterward, which could make his total Lakers earnings exceed $582 million. Dončić's decision to opt for a shorter-term extension was influenced by the trade from Dallas, which prevented him from securing a longer and more lucrative supermax deal this offseason, potentially costing him over $100 million in immediate earnings. Alongside the contract, Dončić has embraced a fresh start with an offseason conditioning program focused on improving his physical fitness and durability, which should enhance his performance and defense with help from new teammate Marcus Smart. The Lakers view Dončić as the franchise’s new cornerstone, signaling a shift in leadership from LeBron James as the team builds around the Slovenian star's talent and long-term commitment. Dončić expressed pride and ambition in joining the Lakers' legacy, aiming to bring championships to Los Angeles and have his name enshrined among the franchise greats.