Luka Dončić has agreed to a three-year, $165 million maximum contract extension with the Los Angeles Lakers, bypassing a chance at free agency next summer to build a long-term future with his new team.

The deal keeps Dončić with Los Angeles through 2028. The Slovenian superstar had a player option for the 2026-27 season under his previous contract.

A person with knowledge of the deal confirmed the terms to The Associated Press on Saturday. The person spoke on condition of anonymity because the Lakers don't publicly announce the details of contracts.

“Excited to keep working to bring championships to LA and make Laker Nation proud,” Dončić wrote on social media. “Grateful to the Lakers, my teammates and all the fans who’ve shown so much love since day one. This is just the beginning.”

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