Done Deal: Luka Doncic Agrees to Mavs-Record $207 Million Supermax Extension

The Mavericks will announce the signing in a press conference Tuesday

Luka Doncic #77 of the Dallas Mavericks handles the ball against Paul George #13 of the LA Clippers during Round 1, Game 7 of the 2021 NBA Playoffs on June 6, 2021 at STAPLES Center in Los Angeles, California.
Juan Ocampo/NBAE via Getty Images

As expected, 22-year-old Mavericks superstar Luka Doncic on Monday verbally agreed to a franchise-record five-year, $207 million supermax rookie extension, hours after a large Mavericks contingent arrived in Doncic’s Slovenian hometown to hand-deliver and celebrate Doncic and his megadeal.

Doncic’s agent, confirmed the agreement, which will formally be signed during an 8 a.m. Tuesday (Dallas time) news conference in Ljubljana, Slovenia that will stream on Mavs.com.

Slovenian Luka Doncic has been playing lights out basketball in Tokyo. Here are five facts about the Dallas Mavericks star, playing for Team Slovenia in Tokyo.

The extension will kick in after the 2021-22 season, the last year of Doncic’s four-year rookie deal. Doncic’s $10.2 million salary in 2021-22 will catapult to $35.7 million in 2022-23. A source said the extension’s fifth year, 2026-27, in which Doncic is scheduled to make $47.1 million, is a player option.

The previous Mavericks record for largest contract value is the five-year, $158 million deal that Kristaps Porzingis signed in 2019.

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