Done Deal: Nikola Jokić Signs 5-Year, $245 Million Contract with Denver Nuggets
In a blockbuster move that cements the future of the Denver Nuggets, superstar center Nikola Jokić has officially signed a 5-year contract worth a staggering $245 million. The deal, one of the richest in NBA history, includes full guarantees, ensuring Jokić will remain the cornerstone of the franchise through the 2029-30 season.
The reigning MVP and perennial All-Star continues to be one of the most dominant and versatile players in the league. With this new deal, the Nuggets have made it clear: they are building their championship ambitions around the Serbian phenom. Jokić’s contract includes no team or player options, signaling a full commitment on both sides.
According to league sources, the contract is fully guaranteed, with performance-based bonuses and annual escalators. Jokić will earn approximately $49 million per year, making him one of the highest-paid players in NBA history. The agreement also includes incentives tied to playoff appearances, MVP voting, and All-NBA honors.
The Nuggets’ front office expressed excitement over finalizing the deal, calling Jokić a “once-in-a-generation player” and “the heart of this franchise.” Denver General Manager Calvin Booth emphasized the importance of securing Jokić long-term, highlighting his leadership on and off the court.
Jokić, who was drafted 41st overall in 2014, has far surpassed all expectations. He has led the Nuggets deep into the playoffs in multiple seasons and captured the league MVP award in 2021 and 2022. Known for his elite passing, scoring touch, and basketball IQ, Jokić has redefined the center position.
In a statement to fans, Jokić expressed his gratitude to the Nuggets organization and the Denver community. “This city has become my second home,” he said. “I’m grateful for the trust and support, and I’m committed to bringing a championship to Denver.”
With this deal locked in, the Nuggets can now focus on building a strong supporting cast around Jokić. With the franchise star secured for the foreseeable future, Denver is poised to remain a Western Conference powerhouse and legitimate title contender.
