In a move widely expected, the Los Angeles Lakers and star point guard Luka Doncic officially agreed to a three-year, $165 million contract extension on Saturday. Excited to keep working to bring championships to LA and make Laker Nation proud. Alongside the contract news, Doncic also revealed a surprise that drew widespread praise: he is donating $5 million to support 77 young athletes around the world in chasing their dreams.
Luka Doncic Earns Praise for Surprising $5 Million Decision Following Lakers Extension originally appeared on Athlon Sports.
In a move widely expected, the Los Angeles Lakers and star point guard Luka Doncic officially agreed to a three-year, $165 million contract extension on Saturday.
The deal includes a player option for the 2028 season, potentially allowing Doncic to sign another long-term contract before turning 30.
Doncic announced the news himself on social media, writing: “I just signed my extension with the Lakers. Excited to keep working to bring championships to LA and make Laker Nation proud. Grateful to the Lakers, my teammates, and all the fans who’ve shown so much love since day one. This is just the beginning.”
Alongside the contract news, Doncic also revealed a surprise that drew widespread praise: he is donating $5 million to support 77 young athletes around the world in chasing their dreams.
“Today I’m also committing $5 million to help 77 young athletes around the world chase their dreams, just like I did,” Doncic shared. “Basketball gave me everything, and I’m lucky to be able to give back and help the next generation.”
Today I’m also committing $5 million to help 77 young athletes around the world chase their dreams, just like I did. Basketball gave me everything, and I’m lucky to be able to give back and help the next generation.
— Luka Doncic (@luka7doncic) August 2, 2025
"HUMANITARIAN LUKA," a fan said.
Someone else added, "Perfect example of the next generation of athletes leading by example. This is the start of many great contributions."
Another person wrote, "This is an incredible gesture Luka. Great to see."
"A man of the people !! Ton of a respect, congratulations," one more fan commented.
© Jesse Johnson-Imagn Images© Jesse Johnson-Imagn Images
Doncic was traded to the Lakers in one of the most shocking midseason moves in NBA history. Out of the blue, early on Feb. 2, the Mavericks dealt Doncic to Los Angeles in exchange for Anthony Davis, Max Christie, and draft compensation.
After spending the second half of the season alongside LeBron James, Doncic is now positioned as the Lakers’ next face of the franchise — and he’s still just 26 years old.
Related: Luka Doncic 'Camp' Claps Back at Narrative on Lakers Star
This story was originally reported by Athlon Sports on Aug 2, 2025, where it first appeared.
Category: Basketball
