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.

The critical new deal keeps Doncic out of free agency next summer, eliminating his 2026-27 player option in place of the new contract.

Doncic could opt out in 2028 and sign a new deal for 35% of the salary cap, which projects to five years and $417 million. In doing so, Doncic would recoup all the money lost when he was traded by the Dallas Mavericks , with whom he had been eligible to sign a five-year, $315 million supermax extension this summer.

The Lakers announced Saturday that they had signed Doncic to an extension but did not disclose terms.

"I'm really grateful to the Lakers organization, my team

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