"BREAKING: Los Angeles Lakers All-NBA star Luka Doncic has signed a three-year, $165 million maximum contract extension with the franchise, with a player option in 2028, agent Bill Duffy of WME Basketball told ESPN," Charania wrote.

LOS ANGELES (AP) — Luka Doncic has agreed to a three-year, $165 million maximum contract extension with the Los Angeles Lakers, bypassing a chance at free agency next summer to build a long-term future with his new team.

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