logo
Lakers exec's Luka Doncic message ahead of contract extension eligibility

Lakers exec's Luka Doncic message ahead of contract extension eligibility

Yahoo5 days ago
The post Lakers exec's Luka Doncic message ahead of contract extension eligibility appeared first on ClutchPoints.
With Luka Doncic eligible to sign a contract extension beginning August 2, a Los Angeles Lakers front office executive made it clear that the franchise sees the 26-year-old as a long-term cornerstone.
During NBA 2K26 Summer League coverage in Las Vegas, Spotrac's Keith Smith spoke with coaches and executives across both conferences. Among those conversations was a message from a Lakers executive regarding Doncic's looming extension eligibility.
'We aren't even allowed to do that until next month (August 2nd), so it's a bit early to talk about that,' the executive said. 'But Luka and his reps know how we feel about him. They've known that since we've traded for him. This will hopefully be a long, long partnership between Luka and us.'
Doncic was acquired by the Lakers in a blockbuster midseason trade with the Dallas Mavericks in February that sent Anthony Davis to Dallas. Since his arrival, Doncic has embraced the transition, quickly becoming the focal point of the franchise under head coach JJ Redick.
He averaged 28.2 points, 8.1 rebounds, 7.5 assists, and 1.6 steals across 28 games with the Lakers to close out the 2024–25 regular season. In the playoffs, he elevated his performance even further, averaging 30.2 points in a five-game first-round series loss to the Minnesota Timberwolves.
Lakers prepare extension offer as Luka Doncic helps reshape roster
The Lakers can offer Doncic a four-year, $229 million extension beginning August 2. Alternatively, he could sign a three-year deal with a player option that would position him for a five-year supermax contract worth over $400 million in 2028 when he reaches 10 years of NBA service time.
Doncic has shown every indication of wanting to stay in Los Angeles. In a recent interview, he expressed his desire to leave a lasting legacy with the Lakers.
Asked what he hopes to be remembered for in Los Angeles, Doncic responded, 'The guy that brought championships to the city.'
Off the court, Doncic has also taken an active role in shaping the roster. He reportedly played a part in recruiting center Deandre Ayton, who signed a two-year, $8.1 million deal after being bought out by the Portland Trail Blazers. More recently, he was involved in the recruitment of veteran guard Marcus Smart, who plans to sign a two-year, $11 million deal with a player option for the 2026–27 season once he clears waivers.
The Lakers have begun shifting toward a new era, with Doncic at the center of the franchise's future plans. As Summer League concludes and training camp approaches, all eyes will soon turn to Doncic's contract decision. While the front office remains restricted from initiating formal negotiations until early August, messaging from within the organization signals a clear desire to secure a long-term future with one of the league's premier talents.
Related: Lakers exec drops 'silly' take on LeBron James' contract situation
Related: Nike Kobe 9 EM 'China' releasing Holiday 2025
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Chevron's (CVX) Strong Asset Outlook Offsets Lower Oil Prices, Says UBS
Chevron's (CVX) Strong Asset Outlook Offsets Lower Oil Prices, Says UBS

Yahoo

time17 minutes ago

  • Yahoo

Chevron's (CVX) Strong Asset Outlook Offsets Lower Oil Prices, Says UBS

Chevron Corporation (NYSE:CVX) ranks among the . UBS reaffirmed its Buy rating and price target of $177 on Chevron Corporation (NYSE:CVX) on July 11 in anticipation of the oil giant's 2025 second-quarter earnings report. Given the decline in oil prices, the investment bank expects Chevron to post reduced quarter-over-quarter profitability. However, it also expects its Permian Basin, Gulf of America, and Tengizchevroil (TCO) assets to perform well. Pixabay/Public Domain The planned acquisition of Hess Corporation was the main focus of Chevron Corporation (NYSE:CVX) investors, according to UBS, which predicted the transaction would conclude in the third quarter of 2025. The next major event after the Hess merger is Chevron's November Analyst Day, where, according to the investment bank, the company is likely to present its growth strategy. Chevron Corporation (NYSE:CVX), based in San Ramon, California, is a major American global energy company that specializes in the oil and gas industry. Founded as the Standard Oil Company of California, it is the second-largest direct descendant of Standard Oil. While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Sign in to access your portfolio

Several US executives to visit China this week: sources
Several US executives to visit China this week: sources

Yahoo

time17 minutes ago

  • Yahoo

Several US executives to visit China this week: sources

By Laurie Chen BEIJING (Reuters) -A high-level delegation of American executives will travel to China this week to meet senior Chinese officials in a trip organised by the U.S.-China Business Council (USCBC), two sources with knowledge of the visit told Reuters on Monday. The visit coincides with the latest round of U.S.‑China trade negotiations in Sweden, where China's Vice Premier He Lifeng is meeting U.S. officials from July 27 to July 30 for a new round of economic and trade talks. The delegation will be led by FedEx Chief Executive Rajesh Subramaniam, the council's board chair, one of the sources briefed on the trip said. The South China Morning Post first reported the visit on Sunday, saying that executives from firms including Boeing would be part of the delegation. Reuters could not confirm other CEO members of the delegation or which Chinese officials they would meet. Boeing declined to comment on the trip and deferred to USCBC. The U.S. government was not involved in the organisation of the visit, one of the sources said. The trip comes as Beijing and Washington work towards a summit between the two countries' leaders later this year, probably around the time of the APEC forum in South Korea October 26 - November 1, sources previously told Reuters. USCBC did not respond immediately to a request for comment. The business lobby previously organised similar visits to China by American CEO delegations in 2023 and 2024. The 2024 trip, also led by Subramaniam, included meetings with He and Foreign Minister Wang Yi, where executives discussed issues including market access. China faces an August 12 deadline to reach a durable deal with the White House or risk higher U.S. tariffs. U.S. officials are likely to extend the deadline by another 90 days as both sides work towards a more comprehensive deal, sources previously told Reuters. An extension of that length would prevent further escalation and help create conditions for the potential meeting between Trump and Chinese President Xi Jinping. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Trump pauses export controls to bolster China trade deal, FT says
Trump pauses export controls to bolster China trade deal, FT says

Yahoo

time17 minutes ago

  • Yahoo

Trump pauses export controls to bolster China trade deal, FT says

(Reuters) -The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday. The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top U.S. and Chinese economic officials are set to resume talks in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia said this month it would resume sales of its H20 graphics processing units (GPU) to China, reversing an export curb the Trump administration imposed in April to keep advanced AI chips out of Chinese hands over national security concerns. The planned resumption was part of U.S. negotiations on rare earths and magnets, Commerce Secretary Howard Lutnick has said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write on Monday to Lutnick to voice concern, however. "This move represents a strategic misstep that endangers the United States' economic and military edge in artificial intelligence," they write in the letter, it added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store