AUGUST 10: The extension is now official, according to the team (Twitter link).
AUGUST 9: The Mavs and Doncic are in formal agreement on their five-year, maximum-salary extension, agent Bill Duffy tells Adrian Wojnarowski of ESPN. The team sent a contingent to Slovenia this week to officially complete the deal and will hold a news conference on Tuesday morning to announce it.
As we detailed earlier today, Doncic’s extension projects to be worth slightly over $207MM based on the NBA’s $119MM cap projection for 2022/23. The deal will include a fifth-year player option, Wojnarowski adds (via Twitter).
“Today is a dream come true,” Doncic said in a statement, per Woj (Twitter link). “I am humbled and excited to remain in Dallas as part of the Mavericks and appreciate the support of my fans.”
AUGUST 2: The Mavericks are ready to give star guard Luka Doncic a five-year, maximum-salary extension, tweets veteran NBA reporter Marc Stein. The deal projects to be worth $207.06MM.
However, no formal talks will take place until after Doncic is finished with the Olympics this week. His Slovenian team is in the medal round after breezing to three victories in preliminary games.
Doncic, 22, has emerged as one of the NBA’s top players after three seasons in the league. He averaged 27.7 points, 8.0 rebounds and 8.6 assists in 66 games this year, earning first-team All-NBA honors for the second straight season.
Doncic was named Rookie of the Year in 2019 and is a two-time All-Star. He was highly decorated before coming to the NBA, winning MVP and Final Four MVP awards in the EuroLeague in 2018.
Doncic’s extension, which would have a starting salary worth 30% of the cap, would take effect in the 2022/23 season and would keep him under contract through the summer of 2027.
Photo courtesy of USA Today Sports Images.
No surprise. Nothing to see here. Move along. Gonna be tough to build a contender with no assets and limited game changing free agents available or looking to change teams. Kristaps was a mistake
How was kristaps a mistake? What’s DSJ doing? Kristaps was still a 20pt/game player. Everybody acting like he’s done. Was a recovery season for him. Let’s see how he responds next year. I think they can still build around those 2.
If you think so, then it was a good deal. I don’t think he will recover and apparently they don’t mesh.
Every year in Dallas has been a recovery year for him. He missed the 2018-19 season (season when he was traded). His first season was supposed to be the “shaking off the rust year” and building chemistry with Luka. Last year it was “He looked good in his first year, let’s see the next step Luka and KP take” and Dallas’ success was more about Luka’s continued growth as opposed to KP taking his game up a notch. I don’t think the trade was necessarily a mistake, but at some point the hype dies down. Every season can’t be “a recovery season”.
Either him and Luka take the next step and turn Dallas into an elite team (because both of them have the skillset to be elite players, which Luka has already hit but we’re still waiting on KP) or at some point we have to acknowledge that either KP will always be an injury-prone player which will limit Dallas’ upside or that 20pts and 9 rebs a game is what we should expect from KP and whether or not that is good enough to help Luka make Dallas a title contender.
I agree with most of this. I’m remaining patient through next season before I panic.
They literally went 7 games against the Clippers with Kawhi healthy and Playoff P back in action. Let’s calm down
The cap used up was the mistake
We will never know the ‘x’ variable that could have been
Agree w JT 19 – Every years been a recovery year
Ask NY Knick fans how they feel about that gift, they’ll give you probably the most representative answer
Yeah let’s ask Knicks fans how the feel about the gift that was Wes Matthews who was bought out a few days after the trade, 2 months of Deandre Jordan who was supposed to help bring in KD and Kyrie and just went across the bridge with them, and Dennis Smith Jr. Who was nothing short of an unmitigated disaster. Oh and two late first round picks that haven’t (probably won’t ever) turned into anything of merit. For the most part KP has been pretty effective when healthy. But everyone knew there was a risk to that you know since he was injured at the time of the trade. So if that’s a “gift” I guess it would be like a pair of socks. More like a pair of used socks.
Dallas would burn that contract up in a heartbeat if they could.
That means negative value
That means if Knicks could have gotten 6 Wes Mathews, cut them ALL the next day, they still would have won that trade sitting where we are today
Nope, KP6 is a positive!
“Nothing to see hear”? He just became more tradeable. Nobody was ever going to quibble on the dollar amount; max all day.
Easiest decision Cuban has ever had to make. Just imagine though, if this dude was playing with booker *face palm*
Predictable move. See you in LA in 6 years.
Everyone knows he is gonna live. Mavs ain’t winning anything in next 5 years
No ……. Wow ……. No way ,,,,,,,,,,
Really.
Why stay in Dallas instead of going to NY. Rot in Dallas.
Hope your not referring to the Knicks. Players have been rotting there for years. Nice to see you managed to make it to the playoffs though. Does Dolan still own the team?
But they will always have the memories of the glorious time of Melo.
It’s what people said about giannis in mil…. Stop chasing titles and instead work and build a title contender.
Wow that is what I call a real super cheap deal for DAL, a real bargain for the next face of the NBA!!!
Max’s are typically bargains lb 4 lb
Thats what Kleber says
Luka to Montrezl Harrell: “Now you’ll call me Rich *ss White Boy!”
Luka to Montrezl Harrell” Now you can call me Rich *ss White Boy!”
Doesn’t play defense can’t hit a free throw yet worth max money wow.
27pts, 8rebs, 8asts on 48% shooting from the field and 35% from three. Sounds pretty damn close to the max to me.
No only is he the best young player in the entire league, other players that are much less tlaneted and capable are getting paid similar.
Unless Dallas is willing to go over the cap big time and pay a massive luxury-tax, Luka doncic will be in the playground by himself with all his expensive toys and fancy outfits. He’ll look nice and be happy for the first 2 seasons, but no one will come to play with him.
It’s okay, the Mavericks will be on the doorstep knocking and be on the cusp every year because their 4,5,6 seed positioning, but in my opinion they need to trade kristaps porzingis from more production in PLAYOFF wins instead of his decent numbers. This last season was a big step for them going seven games with the Clippers. But it could be their ceiling without a roster Improvement.
This is great news. Now the Mavs can send him to Philly for Ben. Please.
I still think bagley was the right pick for the kings they dont deserve to be good