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, amounting to an AAV of over $55 million in the league.
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Nikola Jokic contract continues to add to his fortune with lucrative NBA contracts
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 thrice 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 contract extension has made him one of the most expensive players in NBA history. According to his current contract, 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.
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 2024-25 NBA season, Jokic will earn $51,415,938 in base salary while carrying a similar dead cap and cap hit value of $51,415,938. 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.
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING | FREE AGENT |
| 5 yr(s) / $276,122,630 | $55,224,526 | $276,122,630 | Designated Player Veteran Extension/Bird | 2028 / UFA |
Current Salary Breakdown
- Current Salary: $51,415,938
- Salary Per Month: $4,284,662
- Salary Per Week: $988,768
- Salary Per Game: $627,024
- Salary Per Quarter: $156,756
- Salary Per Minute: $13,063
Previous Contracts and Salaries
2018 – 2022
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING | FREE AGENT |
| 5 yr(s) / $147,710,050 | $29,542,010 | $142,710,044 | Maximum/Bird | 2023 / UFA |
2015 – 2017
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING | FREE AGENT |
| 3 yr(s) / $4,075,500 | $1,358,500 | $4,075,500 | Cap Space | 2018 / RFA |
FAQs
One. Nikola Jokic has won his first NBA Championship title with the Denver Nuggets in 2023.
Nikola Jokic will be 28 years old in 2024.
Nikola Jokic has won two NBA MVP awards to date.
Nikola Jokic has won one NBA Finals MVP to date.
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Anjum Ash.
(521 Articles Published)