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Nikola Jokic Delays Contract Extension Talks with Nuggets Until 2026 Offseason

Posted : 09 July 2025

Denver Nuggets superstar Nikola Jokic has opted not to pursue a contract extension this summer, choosing instead to revisit negotiations after the 2025-26 NBA season, according to a league source confirmed by ESPN. The reigning three-time MVP still has three years remaining on the five-year, $276 million supermax deal he signed in 2022, which includes a player option worth $62.8 million for the 2027–28 season.

 

Though Jokic is currently eligible to sign a three-year, $200 million extension through October 20, ESPN's Bobby Marks noted that deferring discussions could allow him to secure a longer and more lucrative deal next year. If he waits until the summer of 2026, Jokic would be eligible to add a fourth year to the extension, increasing the total value by approximately $77 million.

 

Nuggets President Josh Kroenke confirmed the team plans to offer Jokic an extension this summer but emphasized they will present all financial options transparently. “We’re definitely going to offer it,” Kroenke said. “Whether he signs now or later, we’ll support whatever decision he makes. It’s about what’s best for him and his family.”

 

Denver has undergone significant front-office and roster changes in recent months in an effort to strengthen the team around Jokic. Longtime head coach Michael Malone was replaced by assistant David Adelman, while the general manager role transitioned from Calvin Booth to Ben Tenzer and Jon Wallace.

 

The new front office team has already made several notable moves, including trading Michael Porter Jr. to the Brooklyn Nets for Cameron Johnson and sending Dario Saric to the Sacramento Kings in exchange for veteran center Jonas Valanciunas, who will serve as Jokic’s backup. The Nuggets also re-signed 2023 NBA champion Bruce Brown and added Tim Hardaway Jr. in free agency.

 

Despite the delay in extension talks, Jokic remains central to Denver’s championship ambitions. His decision to wait could be strategic, allowing for a bigger long-term payday while giving the front office time to retool the roster into a stronger contender. The Denver Post was the first to report Jokic’s intention to delay negotiations.

 

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