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Denver Nuggets' Game 1 Win Over the Thunder Gains a Reaction From Former NBA Player 2 Apr 26, 2025; Inglewood, California, USA; Denver Nuggets center Nikola Jokic (15) reacts after not getting a foul call in the second half of game four of round one of the 2024 NBA Playoffs against the Los Angeles Clippers at Intuit Dome. Mandatory Credit: Jayne Kamin-Oncea-Imagn Images

'Not Sure If He’s Going to Accept': Nikola Jokic Extension Talks Gets Denver Nuggets CEO’s Honest Take

Originally posted on Hardwood Heroics | By Jordan Samar | Last updated Jun 25, 2025 9:13 AM ET

Denver Nuggets CEO Josh Kroenke shared the team’s plans to offer Nikola Jokic a new lucrative contract extension this summer. However, he expressed doubts about whether the three-time league MVP would accept it.

“We’re definitely going to offer it,” Kroenke said via DNVR Nuggets. “I’m not sure if he’s going to accept it or not because we’re also going to explain every financial parameter around him signing now versus signing later, be completely transparent, that’s the way we always are, and that he makes the best decision for himself and his family, and we’ll support him in it.”

Jokic is entering the third year of a five-year, $276 million deal he signed with the Denver Nuggets in 2022. The one-time NBA champion has a $68.8 million player option for 2027-28 and will be an unrestricted free agent in the summer of 2028.

Former Denver Nuggets Coach Sparks Intense Debate After Comparing Nikola Jokic to Michael Jordan in His 1 Latest Post 3 Apr 20, 2024; Denver, Colorado, USA; Denver Nuggets center Nikola Jokic (15) drives to the basket against Los Angeles Lakers forward Rui Hachimura (28) during the second quarter in game one of the first round for the 2024 NBA playoffs at Ball Arena. Mandatory Credit: Andrew Wevers-USA TODAY Sports

However, Jokic can sign a three-year, $212 million extension this offseason, which would give him an average annual salary of $70.7 million. For context, the highest-paid player for the 2024-25 NBA season was Golden State Warriors star Stephen Curry, who earned just under $55.8 million.

Denver Nuggets News: Josh Kroenke divulges the team’s “nightmare” scenario having to trade Nikola Jokic

Denver Nuggets CEO Josh Kroenke raised eyebrows when he floated the idea of having to trade Nikola Jokic if the team sustains a huge injury to the “wrong player” while breaching the second apron.

Denver Nuggets' Situation Gets Blunt Assessment From 3-Time NBA Award Winner: ‘Beginning of the End’ 1 Oct 17, 2024; Minneapolis, Minnesota, USA; Denver Nuggets center Nikola Jokic (15) looks to pass as Minnesota Timberwolves guard Jaylen Clark (22) defends him in the third quarter at Target Center. Mandatory Credit: Bruce Kluckhohn-Imagn Images

“I think that, for us as an organization, going into that second apron is not something that we’re scared of…The wrong person gets injured, and very quickly you’re into a scenario that I never want to have to contemplate, and that’s trading No. 15,” Kroenke stated.

“And so, we’re very conscious of that pushing forward and providing the resources that we can when the moment arrives. But that second apron, is it a hard cap? I’m not 100% sure, but it’s something that teams are obviously very aware of going forward,” he added.