Will Luka Doncic Sign an Extension with the Lakers?

One of the most significant storylines of the 2025 NBA offseason revolves around Luka Doncic and his potential extension with the Los Angeles Lakers. Doncic, who was traded to the Lakers in a blockbuster deal six months ago, is eligible to sign a four-year, $222 million extension on August 2. If he chooses not to extend, Doncic could become an unrestricted free agent next summer, making him the most impactful player on the market since Kawhi Leonard in 2019.

Financial Implications for Doncic

Doncic has two primary options:

1. Sign a Long-Term Extension: A four-year deal would secure his future with the Lakers through the end of the decade.
2. Opt for a Short-Term Deal: A three-year, $160 million extension with a player option for the 2028-29 season would allow Doncic to potentially sign a more lucrative contract in 2028, worth up to $369 million over five years.

What’s Next for Restricted Free Agents?

Several restricted free agents, including Josh Giddey, Quentin Grimes, Jonathan Kuminga, and Cam Thomas, remain unsigned due to limited cap space across the league. The Golden State Warriors, in particular, are in a holding pattern with Kuminga, as they are $25 million below the first apron and have six open roster spots.

Key Veteran Extension Decisions

Kevin Durant, who was recently traded to the Houston Rockets, is another major name to watch. Durant can sign a two-year, $118 million extension. If he doesn’t, he could become an unrestricted free agent next summer. Other notable players in extension discussions include De'Aaron Fox, Trae Young, Mikal Bridges, and Karl-Anthony Towns.

Rookie Extensions to Monitor

Four players from the 2022 draft—Paolo Banchero, Chet Holmgren, Jabari Smith Jr., and Jalen Williams—have already signed long-term extensions. The focus now shifts to the remaining 17 extension-eligible players from that class, including Dyson Daniels, Christian Braun, and Bennedict Mathurin.

Russell Westbrook’s Future

Russell Westbrook, a former MVP, remains unsigned after opting out of his player option with the Denver Nuggets. Despite his age, Westbrook averaged 13.3 points, 4.9 rebounds, and 6.1 assists last season. However, his playing style makes him a challenging fit for most contending teams. As August progresses, the league will be watching to see where Westbrook lands.