Dallas Mavericks superstar guard Luka Doncic has agreed to the terms of a five-year, $ 207 million supermax rookie extension, multiple outlets reported Monday.
The Mavericks announced that they will hold a press conference on Tuesday in Ljubljana, Slovenia. Doncic and agent Bill Duffy, Mavericks owner Mark Cuban, general manager Nico Harrison and head coach Jason Kidd are expected to participate.
Doncic, 22, is eligible for the maximum designated rookie extension as he has been selected as the All-NBA first team twice.
“Today is a dream come true,” Doncic told ESPN in a statement. “Basketball has given me so much and taken me to so many incredible places. I am honored and excited to remain in Dallas as part of the Mavericks and I appreciate the support of my fans.
“Along with this new contract, I am also pleased to announce that I am increasing my efforts and focusing on expanding the Luka Doncic Foundation. My foundation is an international non-profit organization that will give back to places that mean as much to me as my home country, Slovenia, as well as to the communities of North Texas.
“(I am) happy to share in association with 2K Foundations that we will soon open two basketball courts here in Slovenia. We are renovating the courts of my childhood where I learned and practiced the game. The opportunity for children to play on the same courts and pursue the same dreams that I had is something that excites me. “
The two-time All-NBA pick and 2019 Rookie of the Year averaged 25.7 points, 8.4 rebounds and 7.7 assists in 199 games (all as a starter) for the Mavericks during his first three NBA seasons. He was taken No. 3 in the 2018 draft by the Atlanta Hawks, who later traded him to Dallas for Trae Young and a 2019 first-round pick (Cam Reddish).
The Mavericks finished first in the Southwest Division last season, but were eliminated in the first round of the playoffs by the Los Angeles Clippers in seven games. Doncic averaged 35.7 points, 10.3 assists and 7.9 rebounds in the series.
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