It is a good day for LA Lakers fans as Luka Doncic has committed to staying in Los Angeles for the next three years. On Saturday, NBA insider Shams Charania revealed that Doncic had signed a three-year, $165 million maximum contract extension with the Purple and Gold.The Slovenian international arrived in L.A. in February in a move that left the basketball world stunned, as the Mavs traded their five-time All-Star for Anthony Davis. The trade allowed the Lakers to secure a generational talent who can potentially carry the franchise for the next decade.Fans swarmed social media with their opinions as Doncic secured the max extension. One fan made a bold prediction on the Slovenian international winning the MVP award next year."Let’s gooo. Luka in shape is about to be a problem for the nba. Luka MVP NEXT YEAR.""Luka's money game strong," another fan said."He’s so winning MVP next year," another fan said."A new era in LA has begun. Welcome to the Luka show!" another fan said.Another fan predicted that Doncic was bringing in a championship."Bro is ready to bring the championship to lakers," the fan commented."Luka's Lakers adventure begins," another fan said.Luka Doncic had a great showing in Lakers colors last season despite joining the squad mid-season. He averaged 28.2 points, 8.2 rebounds and 7.7 assists per game on 45.0% shooting from the field.Rob Pelinka showers praise on Luka Doncic after signing him to a max extensionAfter the Lakers secured the future face of their franchise, Rob Pelinka showered praise on Luka Doncic in a press release. The franchise's President of Basketball Operations called the day monumental and made a bold predicament about the Slovenian international leading the franchise to future championships."Today is a monumental moment for our franchise. Luka Dončić’s future is with the Los Angeles Lakers,” Pelinka said. “Luka is one of the game’s most transcendent players, and his on-court dominance and passion is without compare. From the moment Luka became a Laker, there was an immediate connection and admiration between Luka and our fan base."Above all else, Luka will lead our franchise to pursue future championships, a goal that will forever define the Lakers."According to Charania, Luka Doncic's contract gives him a player option for the 2028-29 season. While Doncic's new max extension is good news for LA fans, it also casts a shadow on LeBron James' future in the franchise. However, the Slovenian international has recently expressed his desire to see his teammate retire in Purple and Gold colors.