Nikola Jokic Informs Nuggets He Won’t Sign Extension This NBA Offseason

According to Bennett Durando of The Denver Post, Nikola Jokic has informed the Denver Nuggets he will not sign an extension this NBA offseason. 

Jokic can make more money next offseason.

“Nikola Jokic has informed the Nuggets he will not sign a contract extension this offseason, team sources told The Denver Post, as the three-time MVP intends to wait until next summer to engage in contract talks,” Durando wrote. “Jokic has a minimum of two years remaining on his current supermax contract, as well as a player option for the 2027-28 season. Tuesday was the first day he was eligible for an extension that would add up to three years and $212 million to that deal. 

“However, he can earn an additional $80 million, approximately, by pushing off an extension until the 2026 offseason. The Nuggets presented both options to Jokic in conversations with him and his representation. Jokic’s camp is electing to wait — a decision that Nuggets leadership was anticipating because of the money on the table, team sources said.”

The Nuggets won the NBA championship in 2023 against the Miami Heat in five games, with Jokic winning the Finals MVP Award. 

Since then, Denver has lost in the second round of the playoffs in seven games twice. 

The Nuggets lost to the Minnesota Timberwolves two seasons ago and fell to the Oklahoma City Thunder last season. 

Jokic is widely regarded as the best player in the NBA. He averaged a triple-double and finished second in MVP voting last season. The Joker put up 29.6 points, 12.7 rebounds and 10.2 assists per game while shooting 57.6% from the field, 41.7% from beyond the arc and 80.0% from the free-throw line. 

The Nuggets fired Michael Malone as head coach with three games left in the regular season. David Adelman, who took over on an interim basis, was named the full-time head coach at the end of May. 

Jokic, 30, has spent his entire career with the Nuggets. He’s the best player in franchise history and will be in the Hall of Fame one day. The seven-time All-Star has career averages of 21.8 points, 10.9 rebounds and 7.2 assists with Denver.