Luka Doncic contract extension: Lakers star makes huge announcement after signing deal; wins hearts

Luka Doncic, a five-time All-NBA guard, signed a three-year, $165 million contract extension with the Los Angeles Lakers on Saturday

Published on: Aug 2, 2025, 23:45:54 IST

By Yash Nitish Bajaj

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Luka Doncic is earning money and winning hearts. The 26-year-old, a five-time All-NBA guard, signed a three-year, $165 million contract extension with the Los Angeles Lakers, ESPN reported on Saturday. While the Lakers and Donic announced the deal, they did not mention specifics. The extension comes six months after the former Dallas Mavericks star moved to Los Angeles to join the likes of LeBron James and Austin Reaves.

Los Angeles Lakers guard Luka Doncic (77) talks with referee Tyler Ford in the second half vs Memphis Grizzlies (AP)

ESPN further added that the contract extension includes a player option for the 2028-29 season. Doncic will be out of free agency next summer, and the deal nixes his 2026-27 player option in place of the new contract.

"Today is a monumental moment for our franchise. Luka Doncic's future is with the Los Angeles Lakers," Rob Pelinka, the Lakers' president of basketball operations, said.

"Luka is one of the game's most transcendent players, and his on-court dominance and passion is without compare. From the moment Luka became a Laker, there was an immediate connection and admiration between Luka and our fanbase. You can feel it in your spirit when you attend a Lakers game. Luka is an absolute killer on the court, and blends that with a unique generosity and care for the community. Above all else, Luka will lead our franchise to pursue future championships, a goal that will forever define the Lakers."

Luka Doncic's big announcement

Meanwhile, Luka Doncic won hearts with an announcement of his own. “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. 💜💛” he wrote on X, platform formerly known as Twitter.

The 26-year-old further announced that he is pledging $5 million to help 77 young athletes.

“Today I’m also committing $5 million to help 77 young athletes around the world chase their dreams, just like I did. Basketball gave me everything, and I’m lucky to be able to give back and help the next generation,” he tweeted.

ABOUT THE AUTHOR
Yash Nitish Bajaj
Yash Bajaj is a Chief Content Producer with a strong foundation in US coverage, digital strategy, and audience-focused storytelling. As part of the US Desk at Hindustan Times, he covers a wide range of topics - from American politics to sports (NFL, NBA, derbies, MLB and more). Before joining Hindustan Times, Yash served as Deputy News Editor at Times Now, where he oversaw international coverage and led a team of six. In this role, he significantly expanded global traffic through strategic planning, SEO-driven content execution, and meticulous trend tracking across platforms. He is experienced in managing high-pressure breaking-news shifts, coordinating live coverage, and building newsroom systems that improve speed, accuracy, and reach. Prior to Times Now, Yash held a position at Opoyi, where he headed the Sports and US news team. He developed broad editorial strategies, guided reporters across multiple beats, and played a key role in recruiting and training new talent. His responsibilities also extended to social media management and experimenting with innovative content formats. A passionate NFL fan, Yash is a die-hard supporter of the Cincinnati Bengals and has followed Joe Burrow closely since his college days at LSU. Whether breaking down top players' latest performance, analyzing team performances, or tracking roster moves, he brings the same dedication and sharp storytelling to his sports coverage as he does to American politics and breaking news. When he’s not writing, Yash can often be found watching games or debating the latest NFL storylines with fellow fans. Yash holds a Bachelor of Mass Media (Journalism) from HR College, Mumbai University. His interests extend well beyond the newsroom: he is an enthusiastic explorer of AI tools, a movie buff with an ever-growing watchlist, and someone who enjoys unraveling conspiracy theories for fun.Read More

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