Nikola Jokic will not pursue a contract extension this summer and plans to delay discussions until next summer. He has three years remaining on a five-year, $276 million contract signed in 2022. By waiting until the 2026 offseason, Jokic can potentially add a fourth year worth an additional $77 million. Nuggets president Josh Kroenke confirmed that the team would extend an offer this summer but would explain the financial benefits of delaying the decision. Additionally, the Nuggets have made coaching and management changes to improve around Jokic.
Nikola Jokic will not seek a contract extension this summer, delaying talks until next summer. He has three years left on a five-year, $276 million contract.
By waiting until the 2026 offseason for an extension, Jokic can add a fourth year and potentially earn an additional $77 million from the Nuggets.
Nuggets president Josh Kroenke stated that the team will offer Jokic an extension and will explain the financial implications of signing now versus later.
The Nuggets have made coaching and management changes to enhance their support around Jokic, recently appointing David Adelman as head coach.
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