NBA: Report Suggests Three-Time MVP Nikola Jokic Puts Off Contract Extension Negotiations with Denver Nuggets
Nikola Jokic, the three-time NBA Most Valuable Player (MVP) and star centre for the Denver Nuggets, has decided to delay contract extension talks until next summer, aiming for significant financial benefits and a potential longer deal.
Currently, Jokic is eligible to sign a three-year, $200 million extension before October 20, 2025, which would replace his $62.8 million player option for the 2027-28 season. However, by waiting until the 2026 offseason, he could secure a longer deal—potentially four years instead of three—with an added $77 million, bringing the total extension value to about $293 million over four years. This delay could increase his earnings by roughly $80 million compared to signing the extension this offseason.
By postponing extension talks, Jokic stands to sign a longer contract (four years instead of three), receive an additional $77 million on top of the current three-year extension offer, increase total earnings by about $80 million, and void his 2027-28 player option while adding more guaranteed years and money.
The Denver Nuggets fully support Jokic's decision and are prepared to offer him an extension this offseason. Team president Josh Kroenke explained that he understands the financial logic behind waiting, stating that the team would present both extension options to Jokic and respect his decision. This strategy benefits Jokic financially without immediate impact on the Nuggets, as he remains under contract and committed through at least the 2026-27 season with a player option for 2027-28.
Jokic's impressive performance on the court this season has solidified his status as one of the league's top players. He set a franchise record with 34 triple-doubles in the regular season, achieved a 61-point triple-double during the regular season, and ended the season with a historic triple-double average of 29.6 points, 12.7 rebounds, and 10.2 assists.
In the playoffs, Jokic led the Nuggets to a 3-0 finish in the regular season and a seven-game victory over the Los Angeles Clippers in the first round. His postseason performance yielded an average of 26.2 points and 12.7 rebounds. Jokic is the only NBA centre, alongside Russell Westbrook and Oscar Robertson, to average a triple-double.
Despite the potential financial gains, Jokic's decision to delay contract extension talks may raise concerns about his long-term commitment to the Denver Nuggets. However, with the team's support and the promise of both extension options, it appears that Jokic is dedicated to continuing his successful career with the Nuggets.
[1] Source: Denver Post [2] Source: ESPN [3] Source: Bleacher Report [4] Source: Sporting News
Nikola Jokic's decision to wait on contract extension talks could potentially lead to a longer deal (four years instead of three) worth $293 million over four years, an increase of about $80 million compared to signing the extension this offseason. This basketball star's commitment to improving his financial benefits might not affect his dedication to the Denver Nuggets, as he remains under contract through at least the 2026-27 season.
With his impressive performance on the court this season, Jokic has solidified his status as one of the NBA's top players, joining the exclusive group of centres to average a triple-double, alongside Russell Westbrook and Oscar Robertson. His success on the basketball court, combined with the Denver Nuggets' support, suggests a continued promising future for Jokic within the team.
