One item on their to-do list this summer is to get Luka Doncic, the new face of the franchise, to sign some sort of long-term contract extension. He can opt out of his current contract next summer, and he can officially agree to an extension starting on Aug. 2 of this year.

Lakers' New Ownership's Potential Impact on Luka Doncic Revealed originally appeared on Athlon Sports. Luka Doncic can sign a contract extension with the Los Angeles Lakers starting on August 2 for as much as four years and $229 million.

The Lakers and Luka Doncic will have a new ownership era moving forward. Colin Cowherd, however, sent a warning to Doncic.