Luka Doncic has committed his future to the "Los Angeles Lakers" by signing a three-year contract extension worth $165 million with a player option for the third year. The Slovenian star had several options on the table but ultimately chose the shorter deal over a potential four-year $228 million contract.
"The Lakers have shown their commitment to building around me," Doncic reportedly told the team's management during negotiations. "This contract gives both sides flexibility while maintaining championship aspirations."
The timing of this extension is particularly noteworthy – Doncic signed on the very first day he became eligible, August 2nd. This new deal will kick in after his current contract expires in 2026, meaning he'll be with the "Lakers" for at least the next three seasons.
By opting for this shorter contract structure, Doncic positions himself for an even bigger payday down the road. Should he become a free agent in 2028 after his 10th NBA season, he could potentially sign a mammoth 5-year deal worth approximately $418 million – which would make him the first player in NBA history to earn $80 million per season.
Interestingly, the "Lakers" management has already demonstrated unprecedented trust in their new franchise cornerstone. General Manager Rob Pelinka and Head Coach JJ Redick held a special meeting with Doncic and his business manager to discuss the team's future plans, including salary cap situation, draft picks, and potential roster additions. This level of involvement in team planning is something rarely afforded even to stars of LeBron James' caliber.
Speaking of James, the veteran superstar has also settled his immediate future with the "Lakers" by exercising his player option for next season at $52.6 million. At 40 years old (turning 41 in December), LeBron will play his record-setting 23rd NBA season, though clearly in a different role than before.
The "Lakers" are now firmly Doncic's team, with James likely serving as a secondary star. This represents a significant transition period for the franchise, with the next season viewed more as developmental than championship-contending. The organization's bigger moves will likely come next summer when several contracts expire and they'll have three first-round picks to potentially trade for another star to pair with Doncic.
For James, this could very well be his final season with the "Lakers" – and possibly his NBA career – unless he decides to chase the dream of playing alongside his younger son Bryce, who will be draft-eligible after next season. What a fitting end to a legendary career that would be, wouldn't it?
