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Luka Doncic Signs $165 Million Deal, Aims for Championship Glory

UPDATE: Luka Doncic has officially signed a staggering $165 million extension with the Los Angeles Lakers and is prepared to chase championship glory. The announcement was made during a press conference on July 15, 2025, where Doncic expressed his determination to lead the franchise to victory.

“I’m ready to win every game no matter what,” Doncic declared, highlighting a “fresh-start” mindset and a significant physical transformation over the summer. With new teammates like Deandre Ayton and Marcus Smart joining the roster, Doncic believes this season is pivotal for the Lakers as they aim to reclaim their championship status.

The three-year extension includes a player option for Doncic in the final year, ensuring he remains in L.A. at least until 2028. This marks a crucial moment for the Lakers, especially after Doncic’s previous stint ended with a disappointing first-round playoff exit against the Minnesota Timberwolves.

Doncic’s unveiling as a franchise cornerstone was accompanied by a warm welcome from new teammates, who were present at the practice facility. The group, including Rui Hachimura, Gabe Vincent, Jaxson Hayes, and Maxi Kleber, joined Doncic for a photo op, showcasing unity as they prepare for the upcoming season.

However, the absence of Lakers superstar LeBron James raised eyebrows. While James shared videos from the golf course on his Instagram, questions linger about his future and commitment to the Lakers. His recent decision to opt into the final year of his contract, worth $52.6 million, has added to the intrigue surrounding his career trajectory.

Rob Pelinka, Lakers president of basketball operations, reassured fans of a continued partnership with James. “All the interactions we’ve had with LeBron and his camp have been positive,” Pelinka stated, emphasizing the importance of respecting James’ decisions regarding his playing future.

As Doncic embarks on this new chapter, his championship aspirations are heightened by the support of solid roster additions and the mentorship of seasoned players like James. Pelinka noted the team’s commitment to continuous improvement, stating, “We like the upgrades we were able to make to the roster. But by no means are we going to be satisfied.”

This announcement not only marks a new era for Doncic but also for the Lakers, who are navigating a pivotal moment in their franchise history. The team is still anticipating the finalization of their $10 billion sale from the Buss family to Guggenheim Partners CEO Mark Walter.

As Doncic takes center stage, the Lakers’ focus is clear: build around their new star and aim for a championship. With the clock ticking toward training camp, fans are eager to see how this dynamic squad will perform in the upcoming season. The excitement is palpable, and the stakes have never been higher.

Stay tuned for more updates as the Lakers prepare for what promises to be a thrilling season ahead.

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