Lakers, Luka Doncic reach agreement on three-year max contract extension

Luka Doncic will not test the free agency industry Instead the five-time NBA All-Star has agreed to a contract extension that will tie him to the Los Angeles Lakers through Doncic and the Lakers finalized a three-year maximum contract extension ESPN released citing an agent that the deal was worth million The Lakers don't publicly announce the details of contracts The Slovenian superstar's previous contact included a competitor option for the - campaign CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS COMDoncic reacted to the new contract on social media NBA FREE AGENCY SIGNINGS TRACKER LUKA DON I LAKERS AGREE TO M EXTENSION I just signed my extension with the Lakers Excited to keep working to bring championships to LA and make Laker Nation proud the NBA scoring champion wrote on X Grateful to the Lakers my teammates and all the fans who ve shown so much love since day one This is just the beginning The Lakers acquired Doncic from the Dallas Mavericks last February in a shocking blockbuster exchange for Anthony Davis The five-time All-NBA selection averaged points assists and rebounds per tournament last season while teaming up with LeBron James for victories and the third seed in the Western Conference playoffs The Lakers were eliminated from postseason contention after dropping four games to the Minnesota Timberwolves in the first round Despite the early playoff exit Doncic is set to return to Los Angeles this fall alongside James who will begin his unprecedented rd NBA season But the Doncic-James duo could also benefit from a revamped Lakers roster for the - season Doncic played a major role in Los Angeles' flourishing bids to sign Deandre Ayton and Marcus Smart persuading the two veterans to association up for the upcoming season The Associated Press contributed to this account Follow Fox News Digital s sports coverage on X and subscribe to the Fox News Sports Huddle newsletter