(Photo: Todd Kirkland/Getty Images) ATLANTA, GEORGIA – Luka Doncic (#77) of the Dallas Mavericks reacts in the fourth quarter against the Atlanta Hawks at State Farm Arena on January 26, 2024 in Atlanta, Georgia.
The 24-year-old’s basketball career began with notable success as a youth player for local Slovenian team Union Olimpija before moving to Real Madrid’s youth academy in Spain. At 16, he made history by making his debut for Los Blancos’ senior team, becoming the youngest player in the club’s history.
The Slovenian prodigy played a crucial role in Real Madrid’s 2018 EuroLeague triumph, winning both the EuroLeague MVP and Final Four MVP titles. That same year, Doncic was also awarded the ACB Most Valuable Player Award and ended a brilliant career in Europe before making the jump to the NBA.
Upon entering the NBA, Doncic was initially selected as the third overall pick by the Atlanta Hawks in the 2018 NBA Draft. However, a significant draft day trade with the Dallas Mavericks led to him and Trae Young swapping teams.
Since then, the 6-foot-2 guard has captivated the league with his versatile and dynamic style of play, proving his mettle by reaching the NBA All-Star Game five times and the All-NBA First Team four times.
He was also named the 2019 NBA Rookie of the Year and earned individual honors with the Slovenian national team, becoming the top scorer at the 2023 FIBA World Cup and a member of the All-Tournament Team.
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Luka Doncic contract: $207 million
In the summer of 2021, Doncic signed a lucrative five-year contract extension with the Maverick worth $207 million, which was that largest guaranteed rookie extension in NBA history at the time of signing.
This contract is expected to cover the period from the 2022-23 season through the 2026-27 season, with the final year being a player option and providing the elite playmaker flexibility in his future decisions.
Before signing his current contract, Doncic played under a rookie contract that spanned from the 2018-19 season through the 2021-22 season. This contract was worth $32.4 million over the first four seasons of his career, resulting in an average annual salary of $8.1 million over that period.
Possible next contract for Luka Doncic
Doncic will only be 28 years old when his current contract expires, and many teams would be interested in a potential all-time star in his prime.
Accordingly ESPN Analyst Bobby Marks, Doncic could be the first player in NBA history to earn it $80 million in a single season.
This potential milestone comes as a result of Doncic meeting certain criteria, including being named to the All-NBA team, having enough years of service in the league and establishing status as a true top-five player in the league.
Luka Doncic Career Earnings
By the end of the 2023-24 NBA season, Doncic is expected to have earned $109.1 million from his NBA salary alone over his first six seasons in the league. accordingly Spotrac.
This calculation does not take into account potential income from off-court ventures, including endorsements and partnerships.
Additionally, the mentioned amount does not take into account deductions such as taxes, brokerage fees or other business-related expenses.
Looking ahead to the conclusion of his current contract after the 2026-27 NBA season, the former Real Madrid Baloncesto star is expected to have earned career earnings of over $247.1 million.
Luka Doncic Salary 2023-24
For the current 2023-24 NBA season, Doncic should earn $40.06 million, HoopsHype reports.
This makes him the highest-paid player on the Dallas Mavericks roster and the 16th highest-paid player in the entire league for the 2023/24 season.
Looking ahead, the Slovenian’s salary is expected to rise to $43.03 million in the 2024/25 season.
For the 2025-26 season, it will rise to $45.9 million before peaking at $48.9 million in the 2026-27 season. This is an option for the player and marks the final year of his current contract.
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