How does Luka Doncic's Dallas Mavericks contract add to his net worth?

Luka Doncic of the Dallas Mavericks has been playing his best basketball this season. He's tied for second in the NBA's Kia MVP Race, which is a spot he deserves for his incredible play.

Part of why Doncic must be playing well right now is because of the contract extension from 2021. In the summer of 2021, Boy Wonder signed a rookie contract extension for five years worth up to $207 million. His recent contract deal has played a huge part in his increase in net worth.

The Slovenian sensation is deserving of the contract he received back in 2021, and based on his play, it wouldn't be his only multi-million deal.

Also read: When will Luka Doncic be a free agent? We take a look at the Dallas Mavericks star's contract details

Luka Doncic's net worth

Before signing his contract extension, Luka Doncic's net worth was already close to $25 million. This came from his early earnings from playing in the EuroLeague when he was 16 years old.

Doncic's NBA salary has played a huge part in his increased net worth. His estimated $25 million net worth is expected to blow up in the near future. This season, the three-time All-Star will earn up to $35,700,000, as this is the season when his lucrative deal starts to kick in.

The magic continues in DA77AS.

We have signed @luka7doncic to a contract extension 🪄

@chime | #MFFL https://t.co/BGOSEWEYe3

In his second season with his new deal, Doncic could get a guaranteed wealth of $40,064,220. It will only increase from there as the third year of his contract will get larger with $43,031,940. His fourth-year deal is worth up to $45,999,660.

Doncic will cap off his profitable contract by getting $48,967,380 in the final year of his deal. His fifth year will be voluntary as he's been given a player option by the Mavs organization. If he opts in his final year, he'll get the full $207 million with ease. But a player like Luka will definitely get another contract extension from the front office.

The Dallas Mavericks have extended the contract of two-time All-NBA First Team guard Luka Dončić.

The $207 million extension is the largest guaranteed rookie extension in @NBA history. https://t.co/GVghkT87m3

If he gets another contract extension, the three-time All-NBA selection could get a bigger offer than $207 million. Based on the CBA rules, rookie contract extensions could go up to 120%, which is why Doncic was able to get well paid.

Doncic also earns quite a lot on endorsement deals. In November 2019, he signed a multi-year deal with Jordan Brand. He's also the cover athlete for the NBA 2k22 video game last season.

Also read: Looking at Luka Doncic's contract of 5 years with Real Madrid as a 13-year-old that almost delayed his NBA debut