As expected, Mavericks star guard/forward Luka Doncic will receive a five-year extension worth about $202 million this offseason, per Marc Stein of the New York Times.
Of course, Stein noted, those talks won’t even begin until the Olympics begin, with Doncic’s focus placed solely on his efforts with the Slovenian national team.
Doncic, 22, averaged 27.7 points, 8.0 rebounds and 8.7 assists during the regular season and his contract extension is expected to be worth 30 percent of the cap.
Per ESPN’s Bobby Marks, based on a $115 million cap in 2022-23, Doncic’s contract extension will break down like this:
- 2022-23: $34.7M
- 2023-24: $37.5M
- 2024-25: $40.3M
- 2025-26: $43.1M
- 2026-27: $45.9M
“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,” Stein reported.
The Mavericks hired former Nike executive Nico Harrison as general manager this offseason, replacing Donnie Nelson. They also hired former point guard Jason Kidd as coach. Kidd had been serving as an assistant with the Lakers, and he replaces Rick Carlisle (now with Indiana).
Along with that, former assistant Jamahl Mosley took the head coaching job with the Magic — leading to a flurry of moves that left some doubt about Doncic’s future with the franchise.
But apparently, Doncic will put an end to any such speculation within a matter of weeks and sign with Dallas for the long term.
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