May 18, 2025; Oklahoma City, Oklahoma, USA; Denver Nuggets center Nikola Jokic (15) watches the game from the bench in the fourth quarter against the Oklahoma City Thunder in game seven of the second round for the 2025 NBA Playoffs at Paycom Center. Mandatory Credit: Alonzo Adams-Imagn Images Alonzo Adams-Imagn Images

Ex-NBA Star's Strong Nikola Jokic Statement After Big Contract Decision

Originally posted on Denver Nuggets on SI | By Grant Mona | Last updated Jul 11, 2025 3:30 PM ET

As the Denver Nuggets enter a refreshed era with roster turnover and a new full-time head coach in David Adelman, Nikola Jokic's next contract decision holds a lot of weight within the Nuggets organization.

Jokic is coming off a season where he finished as the runner-up for the NBA's Most Valuable Player, averaging 29.6 points, 12.7 rebounds, and 10.2 assists per game while being selected to his seventh All-Star game.

Nuggets PPG additions:

18.8 — Cam Johnson
10.4 — Jonas Valanciunas
11.0 — Tim Hardaway Jr
8.3 — Bruce Brown

Top __ offseason. pic.twitter.com/FRBy8t9t77
— StatMuse (@statmuse) July 2, 2025

Denver has had a successful offseason so far, adding Cam Johnson and Jonas Valanciunas via trade, and signing Bruce Brown and Tim Hardaway Jr., seemingly solving their depth issue from the 2024-2025 season.

Jokic recently turned down the opportunity to sign a three-year extension that would have been around $212 million as of July 8th, and is expected to wait until he summer of 2026, where he is eligible for a four-year deal worth around $285 to $293 million.

Nikola Jokic has told the Nuggets he doesn’t plan to sign a contract extension this offseason

(via Denver Post) pic.twitter.com/QEvq6LnxTR
— Basketball Forever (@bballforever_) July 8, 2025

Such a decision would earn Jokic an additional $77 to $80 million with an expected increase in the NBA salary cap. Former All-Star Gilbert Arenas appeared on his show, "Gil's Arena," to discuss why Jokic was smart in turning down an extension in 2025.

"Getting out of your deal instead of signing an extension is always more money for you," Arenas said.

"Somebody like Jokic - they usually just wait, get out of the deal...sign a brand new deal. It's smart for him because it give him a little bit of leverage for them to make moves and if you know, they didn't do anything, he can just leave," he continued to say.

Gil gives Jokic props for opting out of his extension to chase a better future pic.twitter.com/4uQ73L2hT3
— Gil’s Arena (@GilsArenaShow) July 11, 2025

Jokic was reportedly "pleased" with the Nuggets' moves this offseason, and with a new head coach at the helm and an improved roster, Denver is looking to contend again in the 2025-2026 season.

This article first appeared on Denver Nuggets on SI and was syndicated with permission.

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