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Nuggets and Nikola Jokic Delay Contract Extension Talks by Mutual Agreement
Nikola Jokic and the Denver Nuggets have decided to delay contract extension discussions. The move follows earlier statements indicating comfort with his long-term future in Denver. Jokic is eligible for a new deal starting in July.
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Nikola Jokic and the Denver Nuggets are holding off on contract extension talks. Marc Stein and Jake Fischer reported that Jokic informed the team last offseason he preferred to wait a year before exploring an extension, and both sides are now taking that step.
Executive vice president Ben Tenzer told reporters on Thursday that the front office remains comfortable with Jokic's relationship with the team.
"You've heard what he's said about his happiness here. We feel really comfortable with that relationship," Tenzer said. " Jokic signed a five-year, $276 million extension with Denver in 2022. He holds a $62.8 million player option for the 2027-28 season.
If no extension is signed before the upcoming season, he could decline the option and enter unrestricted free agency next year. Jokic averaged 27.7 points, 12.9 rebounds and 10.7 assists per game last season while leading the NBA in both rebounding and assists. The 31-year-old has won three regular-season MVPs, a Finals MVP and an NBA championship.
He is eligible for either a three-year, $214 million extension or a four-year, $278 million deal.
