Lakers general manager Rob Pelinka confirmed as much at Saturday's press conference to announce Luka Doncic's three-year extension worth $165 million. The Lakers will be searching for a new co-star to pair with the superstar point guard. Pelinka hinted as to why the franchise has been prioritizing their financial flexibility.

Rob Pelinka Makes Promise to Lakers Fans After Luka Doncic News originally appeared on Athlon Sports. Luka Doncic’s future with the Los Angeles Lakers had been one of the biggest stories of the summer. The All-NBA guard was traded from the Dallas Mavericks to Los Angeles in February, and has quickly become the face of the franchise.

Rob Pelinka and the Los Angeles Lakers held a press conference on Saturday morning to announce Luka Doncic’s new contract extension. The superstar inked a three-year, $165 million deal with a player option in the final season to remain with the franchise.