Mavs Sign Luka Doncic To Rookie Contract

The Mavericks have signed No. 3 overall pick Luka Doncic, according to a team press release.

Doncic will receive approximately $6.56MM in his rookie year, rising to $7.683MM in his second year, $8.04MM in his third season and $10.17MM in the fourth year.

[RELATED: Rookie Scale Salaries For 2018 First Round Picks]

Dallas acquired the draft rights to Doncic from the Hawks in exchange for the rights to fifth overall pick Trae Young and a protected 2019 first-round pick.

The 6’7” Doncic is the reigning EuroLeague Most Valuable Player and EuroLeague Final 4 MVP after leading Real Madrid to the 2017-18 EuroLeague title. He is expected to jump immediately into the starting backcourt alongside 2017 lottery pick Dennis Smith Jr.

With Doncic locked up, the top 16 picks in this year’s draft are now officially under contract.

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