Mavericks star Luka Doncic is eligible for a maximum contract extension this offseason and indicated he will indeed sign it when offered.
“I think you know the answer,” Doncic said, smiling, when asked about the contract extension, via Marc Stein of the New York Times.
Doncic, 22, averaged 27.7 points, 8.0 rebounds and 8.7 assists during the regular season and will become eligible for the rookie-scale max extension as soon as he is named All-NBA.
The extension is expected to be worth 30 percent of the cap, making it worth more than $200 million over five years.
Per ESPN’s Bobby Marks, based on a $115 million cap in 2022-23, Doncic’s contract extension breaks down like this:
- 2022-23: $34.7M
- 2023-24: $37.5M
- 2024-25: $40.3M
- 2025-26: $43.1M
- 2026-27: $45.9M
Doncic and the Mavericks are coming off a first-round playoff loss to the Clippers, a series in which the Mavericks won the first three road games, but lost all three at home. The Clippers won Game 7 in LA to advance.
“Early estimates have the rookie extension this offseason for Luka Doncic crossing the $200 million threshold over five years and the Mavericks, league sources say, naturally intend to offer it Doncic once free agency begins in August,” Stein reported.