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Luka Dončić signs three-year $165 Million extension with the Lakers

Great news for Laker fans, Luka Dončić has signed the three-year $165 Million extension with the Los Angeles Lakers. The extension includes a player option in the final year that will keep the Dončić in L.A. until 2028.

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“I’m really grateful to the Lakers organization, my teammates and the fans for welcoming me and my family with so much support and kindness since day one,” said Dončić. “This is an amazing organization, and I truly believe in what we’re building together. I’m going to keep working as hard as I can to bring another championship to Los Angeles and to make Laker Nation proud. This is just the beginning. I’m excited for what’s ahead and to keep building something special with this team.”

Here’s the 14-min press conference with Luka Dončić and Lakers’ President of Basketball Operations and General Manager Rob Pelinka.

Aside from locking Luka Dončić and Lebron James staying with the Lakers for one more year after exercising his $52.6 million player option, Lakers will be the favorite to win this coming season as long as they sign the right role player to complement Luka and Lebron.