NBA superstar Luka Dončić signed a three-year, $165 million extension with the Los Angeles Lakers on Saturday. The third year of the extension is a player option, which means Dončić can become an unrestricted free agent in 2028.

The Lakers had a late-season surge upon Dončić's arrival and ended up earning the No. 3 seed in the playoffs, but they failed to meet the lofty expectations set for them heading into the postseason. Los Angeles fell to the Minnesota Timberwolves in five games in the first round.

After inking a huge contract extension during the day, Luka Dončić was surprised by his teammates with a trip to a Backstreet Boys concert in The Sphere.