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Nikola Jokic expected to sign historic $360 million extension with Nuggets

Yahoo Sports • 1 min read • Latest: Sep 26, 2026, 8:34 PM

Last updated Sep 26, 2026

Nikola Jokic expected to sign historic $360 million extension with Nuggets

Summary

Nikola Jokic is set to remain with the Denver Nuggets, aiming to sign a five-year extension worth approximately $359.5 million next summer. Currently, he is under contract for the 2026-27 season, earning $59 million, with a player option for 2027-28 worth $62.8 million. The three-time MVP’s decision to wait for the larger contract stems from financial implications that could add over $81 million compared to a four-year extension available now. With last season's playoff struggles still in mind, Denver seeks to strengthen its roster during the upcoming season to support Jokic as they pursue deeper playoff runs. Jokic averaged 27.7 points, 12.9 rebounds, and 10.7 assists last season, leading the league in rebounds and assists.

Source Links

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Market Watch

•Jokic aims to stay with the Nuggets for his entire career
•Expected to wait until next summer for a $360 million deal
•Currently under contract for $59 million in 2026-27
•Nuggets seek improvements after early playoff exit
•Jokic had a standout season averaging 27.7 points

Latest Updates

8:34 PMYahoo Sports — Nikola Jokic Set for Richest Contract in NBA History, $360 Million Deal Reportedly Coming

What they're saying

"
Nikola Jokic has already made one part of his future clear. He wants to remain with the Denver Nuggets for the rest of his career. The only step left is signing his next contract. That decision now appears closer. Kevin O’Connor reports that few people around the NBA expect Jokic to leave Denver. According to [...]
— Yahoo Sports

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Denver Nuggets Minnesota Timberwolves Philadelphia 76ers NBA Basketball