As expected, Luka Doncic signed a maximum three-year, $165 million contract extension with the Lakers. The 26 year old carved out $5 million.

The Luka Doncic contract extension only makes it clearer that the Los Angeles Lakers are his team for now and the foreseeable future.

But until the deal was actually done, no one knew for sure what Luka Doncic was going to do. He was eligible, as of Saturday, to sign a four-year contract extension worth $222.4 million. But that's not what he did. Instead, per ESPN's Shams Charania, Doncic signed a three-year, $165 million deal with the Lakers that has a player option in 2028.