Luka Dončić Signs Historic $346 Million Supermax Extension with Los Angeles Lakers
In a groundbreaking move, Luka Dončić has signed a five-year, $346 million supermax contract extension with the Los Angeles Lakers, making it the largest deal in NBA history. The extension, which takes effect in the 2026–27 season, solidifies Dončić’s status as one of the league’s premier talents and ensures his future with the Lakers for the foreseeable future.
The contract’s structure includes escalating salaries, with Dončić set to earn approximately $59.7 million in the first year, increasing to about $78.8 million in the final year. This deal surpasses the previous record held by Jaylen Brown’s $304 million extension with the Boston Celtics. The extension is a testament to Dončić’s exceptional performance and the Lakers’ commitment to building a championship-contending roster around their star player.
Dončić’s eligibility for the supermax extension was contingent upon his All-NBA selections, which he achieved, meeting the criteria set by the NBA’s designated veteran rule. This rule allows players with five to seven years of experience to qualify for such extensions if they meet specific criteria, including All-NBA selections.
The signing of this historic contract marks a new chapter in Dončić’s career, as he joins the Lakers, a team with a rich history and a strong roster. Fans and analysts alike view this extension as a significant step toward the Lakers’ aspirations of returning to NBA championship glory.
With this extension, Dončić continues to etch his name into the annals of NBA history, both for his on-court prowess and his record-breaking contract, setting a new benchmark for player valuations in the league.