Dallas Mavericks guard Luka Doncic was named to the 2023-24 All-NBA First Team on Wednesday night prior to Game 1 of the Western Conference Finals against the Minnesota Timberwolves. It marks Doncic’s fifth consecutive All-NBA First Team selection in his first six seasons. Because Doncic has been selected to the All-NBA twice since signing his rookie max extension, he will be eligible to sign a supermax extension in the 2025 offseason that would be worth approximately five years and $346 million, according to ESPN’s Bobby Marks.
Luka Doncic is eligible to sign a supermax contract extension in the 2025 offseason.
The extension is the largest in NBA history. pic.twitter.com/GBNUsABHH4
— Bobby Marks (@BobbyMarks42) May 22, 2024
Read more: Dallas Mavericks star Luka Doncic named to All-NBA First Team for fifth straight year
The deal represents 35% of the projected annual salary cap, but Doncic could make nearly $79 million in the final year of his contract in 2030-31, even more in Texas, which has no state income tax. It would be an easy decision for Dallas to offer him this contract because he’s worth so much more to the franchise, even if it would put a strain on the team’s salary cap when it comes to deciding whether to re-sign Derek Lively II.
To be eligible for a supermax extension, a player must have been with the team for eight or nine years, been named to the All-NBA team or the Defensive Player of the Year in two of the three seasons prior to signing the contract or been named MVP in any of the three seasons prior to that. Doncic has been with Dallas since 2018, meaning he will have been with the franchise for eight years by the time this deal takes effect.
Doncic is currently under contract for five years and $215 million, the most he could have earned in a rookie extension, and he will be eligible for the richest contract in NBA history at least until Shai Gilgeous-Alexander signs a supermax contract in the 2027 offseason.
Read more: Luka Doncic and Kyrie Irving lead Dallas Mavericks to Game 1 WCF win: 3 plays that changed the game
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