Nikola Jokic, widely regarded as the best basketball player in the world, has reportedly told the Denver Nuggets that he will not sign the three-year, $206.4 million extension that is available to him this summer. Instead, Jokic plans to wait and discuss a new contract next summer, according to the Denver Post.
Why Is Jokic Waiting?
Jokic is eligible for a huge extension now, but by waiting until next summer, he can sign a max contract worth $285.4 million — nearly $80 million more. This makes it smarter for him to hold off signing the deal now because he can make more money by waiting.
Jokic’s Position
At 30 years old, Jokic isn’t an older player, and he doesn’t have an injury history. This gives him the luxury of waiting, knowing he’ll still get a big contract next year.
Jokic is coming off a phenomenal season, averaging a triple-double with 29.6 points, 12.7 rebounds, and 10.2 assists per game. He also finished top two in MVP voting for the fifth straight season.
What’s Next for the Nuggets?
The Denver Nuggets will look a bit different next season. David Addelman has taken over as the full-time head coach after leading the team to a Game 7 in the playoffs. Michael Porter Jr. is gone, but he’s been replaced by Cameron Johnson, who is known for being a better defender and a more consistent player.
The team has also added more depth, with new players like Tim Hardaway Jr. and the return of Bruce Brown.
Jokic’s Future with the Nuggets
Jokic is expected to have another amazing season with the Nuggets, who are now legitimate title contenders. After this season, Jokic will likely have a max extension offer waiting for him next summer.