Nikola Jokic’s Contract and Salary Breakdown: How much is the Nuggets superstar earning?

Nikola Jokic holds one of the biggest contracts in NBA history.


Nikola Jokic’s Contract and Salary Breakdown: How much is the Nuggets superstar earning?

Nikola Jokic (Image via FS)

NBA superstar Nikola Jokic is one of the best players in the league right now. The Nuggets center has earned himself the limelight with his fantastic consistency in the league. Named NBA MVP twice already, Jokic is beyond doubt one of the most valuable players in the NBA.

With his massive $276 million extension for the Denver Nuggets, Jokic now holds one of the most expensive contracts in NBA history. But exactly how much is Nikola Jokic earning from his current NBA contract?

Drafted in 2014, Jokic’s steady rise to prominence owes to the star’s all-around performance on the court. One of the most instrumental players in the team, Nikola Jokic has excelled across all categories in the NBA.

Letting such a player go would be utter stupidity, and the Nuggets have ensured that they keep their ace for another five seasons. Offered the most expensive contract in NBA history at the time of signing, Jokic has signed with the Nuggets until 2027-28. Here’s the comprehensive breakdown of Nikola Jokic’s contacts and salaries details.

Nikola Jokic’s Current Contract Breakdown

Nuggets superstar Nikola Jokic’s new extension has made him one of the most expensive players in NBA history. According to his current contract extension, the Jokic will be earning $276,122,630 over five years. The five-year contract will see Nikola Jokic earn an annual average salary of $55,224,526 until 2028 per Spotrac.

Nikola Jokic
Nikola Jokic for the Denver Nuggets (via Imago)

Jokic has been guaranteed $276,122,630 at signing, almost double that of his previous contract. So is his average salary, where his previous contract saw him earn $29,542,010 per annum. Needless to say, Nikola Jokic will be adding substantially to his impressive net worth over the course of the next few seasons.

For the 2023-24 NBA season, Jokic will earn $47,607,350 in base salary while carrying a similar dead cap and cap hit value of $47,607,350. There is a player option in the five-year contract for the 2027-28 NBA season. Nikola Jokic will become an unrestricted free agent in 2028.

CONTRACTAVG. SALARYGTD AT SIGNSIGNED USINGFREE AGENT
5 yr(s) / $276,122,630$55,224,526$276,122,630Designated Player Veteran Extension/Bird2028 / UFA

Current Salary Breakdown

Nikola Jokic
Nikola Jokic (via Imago)
  • Current Salary: $47,607,350
  • Salary Per Month: $3,967,279
  • Salary Per Week: $991,820
  • Salary Per Game: $580,577
  • Salary Per Quarter: $145,144
  • Salary Per Minute: $12,095

Previous Contracts and Salaries

Nikola Jokic
Nikola Jokic (via NBA)

2018 – 2022

CONTRACTAVG. SALARYGTD AT SIGNSIGNED USINGFREE AGENT
5 yr(s) / $147,710,050$29,542,010$142,710,044Maximum/Bird2023 / UFA

2015 – 2017

CONTRACTAVG. SALARYGTD AT SIGNSIGNED USINGFREE AGENT
3 yr(s) / $4,075,500$1,358,500$4,075,500Cap Space2018 / RFA

FAQs

Q. How many NBA Championship titles has Nikola Jokic won with the Nuggets?

One. Nikola Jokic has won his first NBA Championship title with the Denver Nuggets in 2023.

Q. How old is Nikola Jokic?

Nikola Jokic will be 28 years old in 2024.

Q. How many NBA MVP has Nikola Jokic won?

Nikola Jokic has won two NBA MVP awards to date.

Q. How many NBA Finals MVP has Nikola Jokic won?

Nikola Jokic has won one NBA Finals MVP to date.

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