Last Updated on December 26, 2024 by Mathew Diekhake
Here’s a breakdown of Nikola Jokić’s contract history in the NBA:
1. Rookie Contract with Denver Nuggets (2015–2018)
- Draft Year: 2014 (41st overall pick, 2nd round)
- Contract Value: 3 years, $4.1 million (signed in 2015)
- Details: Signed a modest rookie deal as a second-round pick. Jokic quickly outperformed this contract, establishing himself as a key player.
2. Rookie Extension (2018–2023)
- Contract Value: 5 years, $148 million (maximum contract)
- Details:
- Signed a max contract extension in 2018, as the Nuggets recognized his All-Star potential.
- This was a significant raise, making Jokic the face of the franchise.
- During this period, Jokic won back-to-back MVPs (2021, 2022) and led Denver to consistent playoff appearances.
3. Supermax Extension (2023–2028)
- Contract Value: 5 years, $272 million (largest contract in NBA history at the time)
- Details:
- Signed in July 2022, the supermax extension started in the 2023–24 season and will run through the 2027–28 season.
- Includes escalating salaries each year:
- 2023-24: $46.9 million
- 2024-25: $50.7 million
- 2025-26: $54.5 million
- 2026-27: $58.3 million
- 2027-28: $62.1 million
Career Earnings Overview (as of 2024):
- Nikola Jokić has earned approximately $150 million from his NBA contracts to date, with over $270 million guaranteed in future earnings.
- His supermax deal underscores his status as one of the league’s most dominant and valuable players, especially after leading the Denver Nuggets to their first-ever NBA championship in 2023.