Doncic indicated his plans to sign the extension following the Mavs’ playoff loss to the Clippers in the first round of the Western Conference playoffs.“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.
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 in August,” Stein reported.
Despite this news, not everything is perfect between Doncic and the Mavs, per Cato and Amick.