Luka Dončić's contract extension with the Lakers signifies a new era for the franchise, particularly with the impending transition of ownership to Mark Walter. Although Walter will officially assume full control only in 2025, he has already been actively participating in negotiations related to Dončić's extension. Notably, Walter's involvement has been acknowledged by both Dončić and the Lakers' President of Basketball Operations. Additionally, he has shown personal interest in Dončić, meeting with him multiple times, signaling his commitment to being an engaged owner.
During the press conference on Saturday, both President of Basketball Operations Rob Pelinka and Luka mentioned Walter as part of their opening statements.
I cannot overstate how important it was for Luka Doncic to extend with the Lakers today. They had no financial advantage over other teams after the trade, which meant they had to sell him on the franchise.
The week also included his first face-to-face meetings with new Lakers owner Mark Walter, who is said to be a huge Dončić fan.
...it gives some insight into how Walter will run things. He clearly appears to be pretty involved in things and if he's going on trips with the team to Vegas to celebrate an extension.
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