Luka Doncic Signs Five-Year, $215.16 Million Extension with Dallas Mavericks
A Lucrative Contract with Guaranteed Millions
Luka Doncic, the Dallas Mavericks' star player, has signed a five-year contract extension with the team worth $215.16 million. The deal includes an annual average salary of $43.03 million, guaranteeing Doncic a staggering $215.16 million over the duration of the extension. This contract places Doncic among the league's top-paid players, reflecting his exceptional talent and impact on the Mavericks.
Contract Details and Incentives
According to Bobby Marks, a noted NBA salary cap expert, Doncic's contract also includes a 15 percent trade kicker. A trade kicker is a provision that incentivizes teams to retain a player by providing them with a financial incentive if they are traded.
The contract also includes player options, team options, and a qualifying offer, which provide the Mavericks with flexibility in managing Doncic's future salary cap status. A two-way contract, which allows a player to split time between the NBA and G League, is not a part of this extension.
The year-by-year pay breakdown for Doncic's contract is as follows:
- 2022-23: $33.07 million
- 2023-24: $35.36 million
- 2024-25: $37.66 million
- 2025-26: $39.97 million
- 2026-27: $42.27 million
This contract extension solidifies Doncic's long-term commitment to the Dallas Mavericks. He is expected to continue leading the team as their franchise player and contribute to their future success.
Comments