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📝 Jokic Eligible for $206M Extension — But Will Probably Wait
Denver Post and ESPN reports indicate Denver Nuggets superstar Nikola Jokic will have to wait until next offseason to sign a contract extension, despite being newly eligible for the rich new deal. The MVP in waiting became eligible Tuesday for a three-year, $206.4 million extension that the Nuggets plan to extend.

But by waiting until summer 2026, Jokic can choose instead of a four-year max deal valued at $285.4 million, which would give him an enormous financial benefit.

💰 Contract Timelines and Options Explained

Jokic inked a five-year, $276 million supermax extension in summer 2022 when he was 30 years old. The deal has three years remaining, including one featuring a player option during the 2027–28 season valued at $62.8 million.

Here’s how the options operate:

Sign Now (by Oct. 20, 2025): 3-year extension worth $206.4M

Wait Until 2026: 4-year extension worth $285.4M

Wait Until 2027: Include an additional $77M by signing a deal with the player option year

Once the 2025-26 regular season is underway, Jokic cannot renegotiate or extend until July 1, 2026 according to NBA contract rules.

🗣️ Team President Confirms Nuggets Will Offer Extension
Nuggets President Josh Kroenke confirmed the plan to bring the extension this summer but also acknowledged Jokic could opt to wait:

“We’re definitely going to offer it,” Kroenke said.
“I’m not sure if he’s going to sign it or not. we’re going to break down all of the financial terms for signing now or later. He’ll do what’s in his best interest and his family’s, and we’ll agree with it.”

Kroenke emphasized total openness and reciprocal trust between the franchise and franchise player.

🏀Jokic’s Record Career Keeps Improving
Jokic is already among the most accomplished players in NBA history. A three-time Most Valuable Player (2021, 2022, 2024) and seven-time All-Star, Serbian center was a second-round draft pick (No. 41 overall) in the 2014 NBA Draft, but is now one of the sport’s most dominant players.

🔥2024 Regular Season Stats:
29.6 PPG (career best)

12.7 RPG

10.2 APG (career best)

1.8 SPG

70 games started

 2024 Playoffs:
26.2 PPG

12.7 RPG

8.0 APG in 14 games

In his career (745 games, 704 starts), Jokic averages 21.8 points, 10.9 rebounds, and 7.2 assists per game—while leading the Nuggets to their first NBA Championship in 2023 as Finals MVP.

⏳ What’s Next for the Nuggets and Jokic?
As the NBA salary cap continues to increase and the league’s financial landscape shifts, Jokic and his camp will be holding out for long-term rewards before inking their deal. When he does sign, be it this summer or next, one thing is certain: Nikola Jokic is in line for one of the richest contracts in NBA history—and the Denver Nuggets are all-in on keeping their generational talent.