"Los Angeles Lakers star Luka Doncic has agreed to a three-year, $165 million maximum contract extension, with a player option in 2028, agent Bill Duffy of WME Basketball told ESPN," wrote Shams Charania. "The critical new deal keeps Doncic out of free agency next summer, eliminating his 2026-27 player option in place of the new contract."

The 5-time All-Star and 5-time All-NBA First Team guard re-signs with L.A. to avoid free agency next offseason.

Six months ago to the day, Dončić's world was turned upside down when a shocking blockbuster trade sent him from the Dallas Mavericks to the Lakers. Dončić played just 33 games with Los Angeles between the regular season and playoffs, but he saw enough to buy into general manager Rob Pelinka's long-term vision.