Luka Doncic net worth--The World’s Highest-Paid Basketball Player 25 And Under-Frobes 2024
What constitutes Luka Doncic's net worth?
Luka Doncic’s Salary
Luka Dončić's salary details reveal a comprehensive picture. The Dallas Mavericks signed him to a 5-year, $215,159,700 contract, where he earns an average annual salary of $43,031,940.
His career earnings through 2024 reached $109,148,261.
Furthermore, he currently earns over $43 million, boasting a reported net worth exceeding $47 million. Dončić will receive $40,064,220 for the 2023-24 NBA season. Looking ahead to 2025, there's potential for him to secure a record-breaking 5-year, $346 million super-max extension
Luka Doncic contracts
| 2022/23 | Dallas Mavericks | $37,096,500 ($38,197,960*) |
| 2021/22 | Dallas Mavericks | $10,174,391 ($11,425,631*) |
| 2020/21 | Dallas Mavericks | $8,049,360 ($9,526,612*) |
| 2019/20 | Dallas Mavericks | $7,683,360 ($9,152,162*) |
| 2018/19 | Dallas Mavericks | $6,569,040 ($7,953,812*) |
Luka Dončić made an investment in BioSteel, a sports drink company, marking his initial foray into equity. Not only is he an equity holder, but he also assumes the role of BioSteel's Global Chief Hydration Officer.
The Dallas Mavericks, Dončić's team, introduced him to BioSteel as they are among their sponsors. Prior to forming an association with BioSteel, he sought guidance from his friend Patrick Mahomes, who is also an equity holder in the same company.
In terms of future investments, Dončić intends to get involved only with people and products he can have faith in. He is also eager to learn from Mark Cuban, the owner of the Dallas Mavericks, whom he regards as a shrewd investor.
Aside from BioSteel, his other notable contract is a five-year deal with Jordan Brand, which has been extended until 2029.
Who is Luka Doncic?
Luka Doncic's basketball career
Luka Doncic grabbed the attention of major teams in Europe after impressing with his displays for local club Union Olimpija. In 2012, Real Madrid came calling and signed Luka for a five-year contract when he was just 13. The young star continued his development while playing for the under-16s and led the team to a Minicopa Endesa win in 2013. For his unreal performances, Doncic was named the MVP of the under-16 championship. He carried on his impressive development with the under-18s in the next few seasons.
During the 2014-15 season, Doncic made his professional debut for Real Madrid at the age of just 16. In the next season, he became a regular for the senior team. The years that followed saw the dominance of Doncic grow in the Spanish league. In the 2017-18 season, he led Real Madrid to a EuroLeague triumph and was named the EuroLeague MVP for his displays. He also helped the team clinch the Liga ACB title and took home the Liga ACB MVP honors as well.
Doncic then declared for the 2018 NBA draft. The Atlanta Hawks selected him as the 3rd overall pick and then traded him on the same day for Trae Young who was drafted as the 5th pick by the Dallas Mavericks. Doncic hit the ground running for the Mavs and won the Rookie of the Year award, averaging 21.2 points, 7.8 rebounds, and 6 assists per game. He astonished everyone with his maturity on the hardwood and the ability to control the pace of the game despite being very young. Doncic made his first-ever NBA All-Star appearance in his sophomore year. He has made the team for four straight years ever since.
Doncic led the Mavs to the Western Conference Finals for the first time since the 2010-11 season. However, he could not help the team past the eventual champions the Golden State Warriors. Given the teams' heroics in the playoffs last season, there were huge expectations from Luka and the Mavericks for the 2022-23 season. Doncic started the season great and was in the MVP race for most of the campaign. However, the team struggled massively in the concluding stages of the season and failed to make it to the playoffs eventually.
In January 2023, Dončić was awarded the Western Conference Player of the Month award for his play during December, the third of his career. He was also named a Western Conference starter for the 2023 NBA All-Star Game, marking his fourth consecutive selection. During a game in March, Kyrie Irving scored 40 points while his teammate, Luka Dončić, scored 42 points. It was the first time in Dallas franchise history that two players scored 40 points in the same game.
In March, he surpassed Mark Aguirre’s previous record for the most 30-point games in a season in Mavericks history. Following this, in October, Dončić became the first player in Mavericks history to put up a 30-point triple-double in a season-opening game. On the 25th of December 2023, Dončić became the sixth player to reach 10,000 career regular-season points before turning 25, tied Bob McAdoo for reaching 10,000 points in the 7th-fewest games in NBA history, and became the quickest to 10,000 points among active players with 358 games. This is the fastest since Michael Jordan. He also tied for 3rd-most points for Christmas Day games, behind Bernard King and Wilt Chamberlain.
Luka Doncic’s House
Luka Doncic is the owner of a house worth $2.7 million situated in Dallas at 9119 Guernsey Lane, in the upscale Preston Hollow area. The home occupies a 0.78-acre lot and a built-up area of 5,225 square feet, comprising four bedrooms and 4.5 baths.
His residence showcases a contemporary architectural design in white brick, similar to the adjacent NorthPark Center shopping center. There are projectors for the pool, living room, and terrace. Additional features comprise a four-car garage with transparent doors and a fire pit area located between the living room and the master bedroom.
An open floor plan, numerous glass walls, and windows on both levels that allow plenty of sunlight in and provide views of the lawn and pool are just some of the highlights of the two-story house.
The house has recently undergone updates by introducing a modern metal roof, outdoor projector, power blinds, upgraded pool equipment, and landscaping. It also presents a Control4 smart home system that improves both the interior and exterior living spaces.
The house is located just five minutes by car or a seven-minute bike ride from the residence of Mavericks owner Mark Cuban.
Luka Doncic’s Tattoos
Luka Doncic's tattoos symbolize various aspects of his journey, beliefs, and passions. Among them are an Eagle symbolizing victory, the Latin phrase "Non-desists/non-experts" representing resilience, an 'eye of god' reflecting his Christian beliefs, a tribute to his national team's EuroBasket win, a Tiger symbolizing independence, and a map of the world with a basketball in Europe.
These tattoos depict a blend of personal and inspirational elements, reflecting his story and convictions.
Luka Doncic's charity and foundation
Luka Doncic established the Luka Doncic Foundation with the aim of assisting children in need. The foundation strives to enhance the health and welfare of children through play. Reportedly, it offers play therapy, access to play, play environments, and play challenges to children. Thus far, Luka has assisted numerous children in need through his foundation. In December 2022, Doncic carried out exceptional philanthropic and outreach endeavors, which earned him a nomination for the NBA Cares Community Assist Award. Recently, he made a young fan's day by providing him with a trip to watch his favorite stars play in the NBA All-Star game. Throughout the years, he has also made contributions to other organizations such as The Dallas Mavericks Foundation and The Dirk Nowitzki Foundation.
