Dallas Mavericks Superstar Luka Doncic Now Eligible for Supermax Contract Extension

With two All-NBA selections since signing his last contract, Doncic is now eligible for a contract extension worth north of $340 million

May 22, 2024; Minneapolis, Minnesota, USA; Dallas Mavericks guard Luka Doncic (77) celebrates in the fourth quarter against the Minnesota Timberwolves in game one of the western conference finals for the 2024 NBA playoffs at Target Center. Mandatory Credit: Jesse Johnson-USA TODAY Sports / Jesse Johnson-USA TODAY Sports

Dallas Mavericks guard Luka Doncic was named to the 2023-24 All-NBA First-Team on Wednesday evening before Game 1 of the Western Conference Finals against the Minnesota Timberwolves, marking Doncic's 5th straight All-NBA First-Team selection in his first six seasons. Because of the two All-NBA selections since signing his rookie max extension, Doncic is now eligible to sign a Supermax extension in the 2025 offseason, per Bobby Marks of ESPN, worth roughly 5 years and $346 million.

Luka Doncic is now eligible to sign a super max extension in the 2025 offseason.

The extension is the largest contract in NBA history. pic.twitter.com/GBNUsABHH4

— Bobby Marks (@BobbyMarks42) May 22, 2024

READ MORE: Dallas Mavericks Star Luka Doncic Named To His 5th Consecutive All-NBA First Team

The contract is worth 35% of the projected salary cap per year, but Doncic could make almost $79 million in the final year of this contract in 2030-31. This is worth even more in Texas, which doesn't have a state income tax. It's a no-brainer decision for Dallas to offer this contract to him, as he's worth much more than this to the franchise, even if it constricts their cap when they'll be coming up on a decision to re-sign Dereck Lively II.

For a player to be eligible for the Supermax extension, they must have been with a team for 8 or 9 years, been named to an All-NBA team or be Defensive Player of the Year in two of the three seasons before signing the contract, or be named MVP in any of the three seasons before. Doncic has been with Dallas since 2018 and will have been with the franchise for 8 years by the time this contract kicks in.

Doncic is currently on a 5-year/$215 million deal, the max he could've made on his rookie extension. Now he's eligible for the richest contract in NBA history, at least until Shai Gilgeous-Alexander is eligible for his Supermax extension in the 2027 offseason.

READ MORE: Luka Doncic, Kyrie Irving Lift Dallas Mavericks to Game 1 WCF Win: 3 Game-Changing Plays

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