Luka Dončić Signs Record-Breaking $346 Million Extension with Dallas Mavericks
In a historic move, Luka Dončić has inked a staggering five-year, $346 million contract extension with the Dallas Mavericks, making it the largest deal in NBA history. The contract, which takes effect after the 2024-2025 season, solidifies Dončić’s status as the cornerstone of the Mavericks’ future and ensures that the superstar guard will remain in Dallas for the foreseeable future.
This deal surpasses the previous record set by Giannis Antetokounmpo’s $228 million extension with the Milwaukee Bucks in 2020, underscoring Dončić’s immense value to both the Mavericks and the NBA at large. The contract is the result of Dončić’s exceptional performances since he entered the league in 2018. At just 25 years old, Dončić has already established himself as one of the most talented and versatile players in the game, known for his scoring, playmaking, and leadership on the court.
Since being selected by the Mavs with the third overall pick in the 2018 NBA Draft, Dončić has been nothing short of a revelation. In his first five seasons, he has averaged 27.6 points, 8.6 rebounds, and 8.0 assists per game, earning multiple All-Star selections and leading the Mavs to several playoff appearances. Notably, Dončić carried Dallas to the Western Conference Finals in 2022, a testament to his ability to shine on the biggest stages.
The extension also speaks to the faith that Mavericks owner Mark Cuban and the franchise’s management have in Dončić’s long-term potential. With the new contract, the Mavericks are committed to building around Dončić and assembling the right pieces to help him win championships. The team has already made efforts to bring in notable talent such as Kyrie Irving, who joined the Mavs in a trade earlier in 2023.
Dončić’s new deal is not just a financial milestone; it also reflects his growing global influence. The Slovenian star has become a beloved figure worldwide, with fans across Europe and beyond rallying behind his electrifying play. This extension further solidifies his position as one of the faces of the NBA’s next generation, with many anticipating that his best years are still ahead.
For the Mavericks, securing Dončić long-term is a clear message of ambition. The team now has the foundation to build a championship contender around their young star, and fans in Dallas can look forward to watching one of the league’s brightest talents continue to flourish in a Mavs uniform for years to come.
The contract we down in history as the most expensive
