Los Angeles Lakers guard Luka Doncic, who signed a three-year, $165 million extension with L.A. on Saturday, spoke to reporters about the "honor" it is to play the team as well as a big personal goal of having his jersey retired in the stadium rafters someday.

LOS ANGELES — 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 Los Angeles Lakers and superstar guard Luka Doncic have reached an agreement on a three-year contract extension, which includes a player option in 2028.