How much did you earn when you were 21 years old? If you ask Luka Doncic, a lot. That’s why today we’re going to look at Luka Doncic’s net worth in 2020.
Luka Doncic’s net worth in 2020 (estimate): $8 million (and growing)
From a relatively unknown teenager from Europe to being the toast of the entire NBA, Doncic sure has already come a long way in his skyrocketing career.
The Dallas Mavericks superstar guard is arguably the best young player in the NBA today, with most executives tagging him as the most logical choice to build a team around. At such a ripe age, he is almost a complete package already. He can attack the basket with his sly moves, he has deep range, he can post up, he is not afraid of clutch situations, he distributes the ball well, he is a fantastic rebounder for a guard, and the laundry list of his skills goes on. If there’s one knock on Doncic, it’s his defense. But most young guys go through that phase. He will improve as he goes along.
Doncic, who was the third overall pick of the Atlanta Hawks in the 2018 NBA Draft but traded him for Trae Young, signed a $5.5 million contract in his rookie year with the Mavericks (this is also the part where it needs to be mentioned that Marvin Bagley III was picked before him). The deal, however, didn’t come easy as the team had to settle a buyout agreement with Doncic’s former team in the Euroleague, Real Madrid.
This season, he reportedly earned at least $7.6 million. That’s not counting his performance bonuses like making it to the NBA All-Star Game, the All-NBA First Team, and the NBA Playoffs. Then there are also compensations for extra-promotional appearances, which is at least $3,500 per event according to the NBA Collective Bargaining Agreement.
Yes, the amounts are measly considering how amazing Luka Doncic has been. He is obviously a maximum deal guy. But remember that his contracts are still under the rookie scale as mandated by the NBA. Rookie contracts are guaranteed for the first two years of the player, with teams having the option to extend the deal in the third and fourth years, with the player’s salary increasing exponentially each year.
With the way Doncic played this past season, he will definitely get a bigger paycheck next season. Don’t be surprised if the Mavericks sign him to the most lucrative contract in NBA history and lock him up for the next, um, maybe 200 years.
He averaged a near triple-double of 28.8 points, which is sixth in the NBA, 9.4 rebounds, and a league third-best 8.8 assists. In just his second year, he already contended for the MVP plum. He also shone in his maiden NBA Playoffs stint, upping his scoring to 31.0 markers per outing as he dragged the Mavericks almost singlehandedly to six games against the stacked Los Angeles Clippers in the first round. Doncic also hit an iconic game-winner in Game 4 with a nasty step-back three-pointer over the outstretched arms of Paul George and Kawhi Leonard. If anybody still doubted his ability to carry a team, that was the Luka Doncic Eff You Game. It announced to the entire NBA that he will be the guy to be reckoned with in the years to come.
To put it into perspective, here’s how much some young stars drafted a year before Doncic earned in their third season: Lonzo Ball ($8,719,320), Jayson Tatum ($7,830,000), De’Aaron Fox ($6,392,760), and Donovan Mitchell ($3,635,760), and Bam Adebayo ($3,454,080).
Judging by those amounts, it’s pretty safe to assume that Luka Doncic will earn more than them next year. There’s simply no logical reason for the Mavericks not to give him the maximum moolah under the rookie scale, even though he’s just two years removed from being a teenager.
Aside from the reported $7.6 million he earned in the NBA this season, he also earned a couple of dollars more—maybe a few million more—after signing a multi-year deal with Jordan Brand last December. He was a so-called sneaker free agent prior to the start of the season after his two-year pact with Nike expired.
Details of his deal with Jordan Brand weren’t disclosed. But just a few months before him, Zion Williamson signed a seven-year contract worth $75 million, so Doncic’s deal shouldn’t be far off that ballpark. The do-it-all guard is the latest NBA star to sign with Michael Jordan’s ever-expanding shoe empire, also joining guys like Russell Westbrook, Carmelo Anthony, Chris Paul, Jayson Tatum, Jimmy Butler, Blake Griffin, LaMarcus Aldridge, Kemba Walker, and Mike Conley Jr.
As worn-out as it sounds, Doncic is a player that comes once in a generation. He has now become one of the faces of the NBA—literally and figuratively. He looks like the boy-next-door type that is the dream of every marketing team. He has charisma, he is fun, and also has that competitive edge to him. He could challenge other big-name athletes like LeBron James, Tiger Woods, Roger Federer, Cristiano Ronaldo, Naomi Osaka, Alex Morgan, and Lewis Hamilton for huge endorsement deals. Doncic is still quite far from making Forbes’ annual Highest-Paid Athletes list, but he will get there soon enough for sure. Again, he’s just 21 years old!
There’s simply no other way to put it: Sky’s the limit for Luka Doncic.
Somewhere out there, Sacramento Kings fans are banging their heads on a wall.