LOS ANGELES (AP) — Luka Doncic has agreed to a three-year, $165 million maximum contract extension with the Los Angeles Lakers, bypassing a chance at free agency next summer to build a long-term future with his new team.

The Luka Era officially begins on Saturday, when Doncic signs a three-year extension with the Lakers. Here's what you need to know about the deal.

Luka Dončić didn't waste any time affirming his commitment to the Los Angeles Lakers, signing a three-year, $165 million contract extension that ties him to the club through at least the 2027-28 season.