BONUS EPISODE! Luka Dončić Signs Three Year, $165 Million Contract Extension With the Lakers

Locked On Lakers - Daily Podcast On The Los Angeles Lakers · Aug 2, 2025 · 10m

The news isn't unexpected, but it's very, very welcome and happened as soon as it could have. The Lakers announced Saturday that Luka Dončić has signed a three-year contract extension worth $165 million. The third year is a player option, and sets Luka up for a deal worth potentially $400 million after he reaches 10 years of service in the NBA.

This is exactly the contract most experts figured Dončić would sign. And most people expected him to re-up with the Lakers. But to do it on August 2nd, the first day of his extension eligibility, sends a great message in what has been a fantastic…