Los Angeles just popped the loudest champagne in the NBA. August rolled in, and boom—the Luka Doncic chapter turned golden. The $165 million splash? Oh, it’s real. The Slovenian star didn’t blink. He chose palm trees over cowboy hats, flashing lights over Texas skies. But hold on, this wasn’t love at first sight. It took vision pitches and deep trust with Mark Walter and Jeanie Buss. And now, the purple and gold beats in Luka’s chest.
Doncic took to his X handle on Saturday and informed everyone: “I just signed my extension with the Lakers. Excited to keep working to bring championships to LA and make Laker Nation proud. Grateful to the Lakers, my teammates and all the fans who’ve shown so much love since day one. This is just the beginning. ”
Doncic just pulled a masterclass move in LA. His new extension kicks in for 2026-27, wiping out the player option and locking him into a projected $160.8 million deal. But wait, if the cap dances up by 10 percent, he’s cashing $165.3 million. Six months in, max-eligible, and already playing the long game—Luka chose brains, brilliance, and buckets of cash.
Meanwhile, ESPN’s senior NBA insider, Shams Charania, reported: “Being in Los Angeles, it’s been an emotional last six months, but he commits now to the Lakers through the next three years. Jeanie Buss, Rob Pelinka, and the new owner, Mark Walter, have built a close rapport with Luka Doncic and his inner circle to get him to commit here. Now, Luka Doncic is going to be the face of this Lakers organization moving forward.”
Just in on @SportsCenter — Luka Doncic lands a $165M extension with the Lakers six months to the day of his stunning trade out of Dallas: pic.twitter.com/7JaV2xTAfH
— Shams Charania (@ShamsCharania) August 2, 2025
Let’s not forget that the 26-year-old once-upon-a-time heartbeat of the Dallas Mavericks was brought to the Los Angeles Lakers in a blockbuster, shocking trade in February. Since then, it’s been an up and onward ride for the superstar guard. Those tears in his eyes back on April 9, when he returned to AAC and had a 45-point game, told the story. He was hurt, he was in pain, but time demanded he move on. And he did.
Now, Charania also added, “When they acquired him in that trade, they wanted him to be the face for the next decade. Already this offseason, I’m told he’s recruited Marcus Smart and Deandre Ayton to the Lakers. Most importantly, about the money as well.” Well, Doncic was inches away from pocketing a jaw-dropping $345 million over five years with Dallas—the biggest NBA deal ever. But fate wore purple and gold. The trade stripped him of that Supermax treasure chest. Costly? Absolutely. Yet in 2028, he holds the player option card. And if he plays it right, the king’s ransom might still find its way home.
Find its way home? Oh, it might have found its way home, as the Slovenian Magician stands before a mega $417 million talk. Not now, yes, but in 2028 when he will become a free agent. Enticing enough? Never doubt that!
Luka Doncic’s value could go up to a whopping $417 million
“In 2028, he’s going to have a player option in that deal. He can opt out of the deal and sign a projected five-year, $417 million contract that would then allow him to recoup all the money that he lost in that Supermax he missed out on this offseason,” Shams Charania also informed. What does this mean?
The real twist lands in 2028. That season, Doncic holds a player option, setting himself up to strike when the stakes are highest. With 10 years of service, he becomes eligible for a super-max starting at 35 percent of the cap. The prize? A projected five-year deal worth up to $417 million. Even if the cap grows modestly, that contract screams historic. Timing, strategy, and vision—Doncic is playing the league like a symphony.
And just like that, Luka Doncic just flipped the script in Hollywood style. From Dallas heartbreak to LA fireworks, the Slovenian star rewrote his destiny one power move at a time. With $165 million in hand and a $417 million jackpot on the horizon, he’s playing the long game with swagger. So get ready— this Lakers era is Luka-scripted, Luka-driven, and undeniably Luka-lit.
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