Luka Dončić celebrated his three-year, $165 million extension with the Los Angeles Lakers by committing $5 million toward "77 young athletes around the world."

NBA guard, who could have become a free agent next summer, is now eligible to sign a five-year deal worth more than $360 million in 2028.

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.