The Slovenian star and the franchise show their commitment to each other with a deal six months after the blockbuster trade with the Dallas Mavericks.

The Lakers had a late-season surge upon Dončić's arrival and ended up earning the No. 3 seed in the playoffs, but they failed to meet the lofty expectations set for them heading into the postseason. Los Angeles fell to the Minnesota Timberwolves in five games in the first round.

It's a big day in the future of Luka Doncic. August 2 means that contract restrictions on the Los Angeles Lakers' superstar are no longer in place after his trade from the Mavericks. Doncic can now sign a contract extension worth up to $222.4 million over four years that would begin in 2026-27.