The news isn't unexpected, but it's very, very welcome and happened as soon as it could have. The Lakers announced Saturday that Luka Dončić has signed a three-year contract extension worth $165 million. The third year is a player option, and sets Luka up for a deal worth potentially $400 million after he reaches 10 years of service in the NBA. This is exactly the contract most experts figured Dončić would sign. And most people expected him to re-up with the Lakers. But to do it on August 2nd, the first day of his extension eligibility, sends a great message in what has been a fantastic summer to this point for Luka and the Lakers. Combine this with Luka's incredible physical transformation (good enough for the cover of Men's Health) and his active recruiting of free agents like Marcus Smart, and it's clear the relationship is off to a fantastic start. This is the player the Lakers need to build around going forward, so this sort of stuff matters. Meanwhile, the team is still set up to have a lot of flexibility in the next couple of offseasons, even factoring Luka's new deal and potential big money for Austin Reaves. So far, so good for this summer. HOSTS: Andy and Brian Kamenetzky Support Us By Supporting Our Sponsors! 5-Hour ENERGYTime to fuel up and turn it up with 5-hour ENERGY®️ Transfusion! Go to https://5hourenergy.com today and use my promo code LOCKEDONGOLF to receive 20% off your order. This offer is only valid until September 30th on one order and cannot be used with other promotions. The code is not good on subscription orders. Monarch MoneyTake control of your finances with Monarch Money. Use code LOCKEDONNBA at monarchmoney.com/lockedonnba for 50% off your first year GametimeDownload the Gametime app, create an account, and use code LOCKEDONNBA for $20 off your first purchase. Terms apply. Download Gametime today. What time is it? Gametime. FanDuelRight now, new customers can get ONE HUNDRED FIFTY DOLLARS in BONUS BETS when your first FIVE DOLLAR BET WINS! Download the app or head to FANDUEL.COM to get started. Bet with FanDuel—Official Partner of the NBA. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)