Luka Doncic Signs Historic $207 Million Extension To Remain With Dallas Mavericks
, Luka Doncic agreed to sign the richest rookie extension contract in NBA history to remain with the Dallas Mavericks. His new deal will net him some $207 million over five years when his extension kicks in after the final year of his rookie contract. Doncic and the Mavericks finalized the deal Tuesday morning.
Doncic is the first player in league history eligible for a designated supermax rookie extension. He qualifies thanks to his two selections to the First Team All-NBA roster in his sophomore and third seasons. Doncic is 22 years old.
“I never imagined this happening,” Doncic said at a press conference Tuesday. “I was only dreaming of playing in the NBA, and now I can sign an extension with the Dallas Mavericks for five more years, which I never had a doubt of it. I always wanted to sign this.”
The contract contains a player option for the final season. Should Doncic choose to exercise it, he could become an unrestricted free agent in the summer of 2026. Doing so, however, would mean forfeiting a salary of $47.1 million for the 2026-27 season.
Luka Doncic signs his historic $207 million [+]contract extension with the Dallas Maverick
In June, shortly after the Mavericks’ first-round playoff exit at the hands of the Los Angeles Clippers for the second season, Doncic essentially indicated his intention to sign an extension with Dallas.
“I think you know the answer,” Doncic said, smiling, when asked about the possibility during exit interviews.
The Mavericks’ brass made every effort to impress in presenting Doncic with their historic offer. Fresh off Doncic’s Olympic run to the bronze medal game in Tokyo, Dallas’ front office flew to Ljubljana, Slovenia to present him the offer.
Mavericks proprietor Mark Cuban, new General Manager Nico Harrison, newly promoted Assistant General Manager Michael Finely, new Head Coach Jason Kidd, franchise legend Dirk Nowitzki as well as Doncic’s agent, Bill Duffy, were all present for the event. It’s a gesture that Doncic said meant a lot to him.
“ic’s new extension will earn him more than his new head coach did as a player. During his 19-sesaon, Hall of Fame career, Kidd earned an estimated $187.6 million.
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