LOS ANGELES — Former Dallas Mavericks star Luka Doncic announced Saturday he had signed a contract extension with the Los Angeles Lakers.

The new deal comes after Doncic was traded to the Lakers earlier this year .

According to ESPN's Shams Charania , Doncic signed a three-year extension worth $165 million with a player option for the 2028 season. The extension keeps Doncic out of free agency next summer, eliminating his 2026-27 player option in place of the new contract, Charania reported .

"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 sup

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