Mavericks exercise All-Star Luka Doncic's fourth year team option: Reports

In what was expected to be a formality, MVP candidate Luka Doncic has extended his stay with Dallas Mavericks ahead of 2020/21 NBA season. Mavericks until December 29 to formally take up Slovenian's fourth-year team option, for 2021-22 season. Doncic finished fourth in MVP race last season and has been one of key players Mavericks revolve around since his move in 2018. 

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Luka Doncic contract: Mavericks take up Doncic fourth year team option ahead of new season 

According to Athletic's Shams Charania, Dallas Mavericks have exercised All-Star Luka Doncic's fourth-year team option ahead of new NBA season. extension is worth $10.1 million kicking in from 2021-22 season, in what was one of easiest decisions for Mavericks front office. 21-year-old has had a considerable impact since joining NBA, winning Rookie of year in his first season, before making his claim as an all-star in just his second season in Dallas. 

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Doncic finished behind James Harden, LeBron James and Giannis Antetokounmpo in MVP race last season. Slovenian native nearly averd a triple-double last season racking up 28.8 points, 9.4 rebounds and 8.8 assists in 61 games.  21-year-old led all players in triple-doubles (17) during 2019-20 NBA regular season and recorded first three triple-doubles in Mavericks' playoff history in six-game first-round series against Los Angeles Clippers despite a sprained ankle. One of his most table moments last year came in Game 4 of ir series against Clippers, where he scored a game-winning three-pointer at buzzer to cap off an outstanding 43-point, 17-rebound, 13-assist performance.

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Luka Doncic contract: Luka Doncic salary

new contract means that Slovenian will be eligible for a contract extension next offseason. 21-year-old will be eligible for a rookie scale max extension at 30% of cap, which ESPN expert Bobby Marks projects will be worth $201.5 million over five years. Currently, Doncic will make $8.05 million on third-year team option of his rookie contract for 2020-21 season him seventh highest-paid player on Mavericks roster, behind likes of Kristaps Porzingis, Tim Hardaway Jr., James Johnson, Josh Richardson, Dwight Powell and Maxi Kleber. 

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(Im Courtesy: nba.com)