Nikola Jokić Commits to Denver Nuggets With Historic $293.4 Million Extension
Denver, CO – May 28, 2025 — The Denver Nuggets have locked in their franchise cornerstone for the long haul. Superstar center and two-time NBA MVP Nikola Jokić has signed a four-year, $293.4 million contract extension with the Nuggets, ensuring his presence in the Mile High City through the 2030–31 NBA season. The groundbreaking deal includes a staggering $81.2 million payout in the final year, making it one of the most lucrative contracts in NBA history.
Jokić, 30, has been the face of the franchise since being drafted 41st overall in 2014. Known for his rare combination of size, vision, and skill, the Serbian big man has redefined the modern center position. His signature no-look passes, footwork, and ability to control the game from the post have made him a generational talent — and a nightmare for opposing defenses.
A Commitment to Denver and Stability
The timing of the extension sends a strong message about Jokić’s trust in the Nuggets organization, especially after a period of instability. The team’s recent shakeup, including the departure of head coach Michael Malone and general manager Calvin Booth, had cast some doubt on the direction of the franchise. But with this extension, Jokić has made it clear: he believes in Denver.
“This is where I started, and this is where I want to finish,” Jokić said in a team press release. “Denver is home for me, and I’m committed to winning more championships here.”
Eyes on Another Title
Jokić led the Nuggets to their first-ever NBA Championship in 2023 and has remained the heart of the team’s championship aspirations ever since. This extension positions the Nuggets to remain competitive for the rest of the decade, with Jokić anchoring their offense and mentoring the next generation of talent.
The Nuggets’ front office is now expected to build aggressively around their superstar, with plans already in motion to retool the roster for another deep playoff run. With Jokić’s long-term future secure, Denver becomes an even more attractive destination for free agents and potential trade targets.
Record-Breaking Numbers
- Length: 4 years
- Total Value: $293.4 million
- Final Year Salary (2030–31): $81.2 million
This deal surpasses previous benchmarks and sets a new standard for elite player compensation. It reflects not only Jokić’s value to the Nuggets but also his standing as one of the greatest players of his era.
Legacy in the Making
With this extension, Jokić solidifies his place as the greatest player in Denver Nuggets history. Should he play through the end of the deal, he will have spent 17 seasons with the franchise — a rarity in the modern NBA.
As the Nuggets look to the future, they’ll do so with the steady brilliance of Nikola Jokić at the helm. For the fans in Denver, the message is simple: The Joker isn’t going anywhere.
