The Dallas Mavericks have signed Luka Dončić to a five-year, $207 million supermax rookie extension deal, Dončić’s agent, Bill Duffy of BDA Sports, told ESPN on Monday.
The contract will be signed on Tuesday in Slovenia, where a news conference will also be held, ESPN was told.
“Today is a dream come true,” Dončić said in a statement. “The game of basketball has given me so much and has taken me to so many amazing places. I am humbled and excited to remain in Dallas as part of the Mavericks. I am committed to the organization and appreciate the support of my fans.
“Along with this new contract, I am also happy to announce that I am increasing my efforts and focusing on expanding The Luka Dončić Foundation. My foundation is an international non-profit that will give back to places that mean so much to me like my home country of Slovenia, as well as the communities in North Texas. I’m happy to share in partnership with 2K Foundations we are unveiling two basketball courts here in Slovenia soon. We are refurbishing my childhood courts where I learned and practiced the game.”
The 22-year-old’s contract includes a player option in the final year. On Monday, the Mavericks sent their personnel to Ljubljana, Slovenia, to formally present Dončić and Duffy with the contract.
The traveling team includes Mavericks owner Mark Cuban, general manager Nico Harrison, coach Jason Kidd, assistant general manager Michael Finley, special adviser Dirk Nowitzki, and director of player health and performance Casey Smith.
Dončić became the youngest MVP in EuroLeague history in 2017-18. He joined the Mavericks from the Atlanta Hawks after being traded for Trae Young and a future first-round pick.
In the NBA, he averaged 25.7 points, 8.4 rebounds, and 7.7 assists per game with playoff averages of 33.5 points, 8.8 rebounds and 9.5 assists in 13 postseason games.