By virtue of winning the Most Valuable Player award, Nuggets center Nikola Jokic will be eligible for the largest super-max extension in NBA history, according to ESPN’s Bobby Marks (Twitter link).
Jokic would be eligible to sign the super-max contract worth in excess of $240MM in the 2022 or 2023 offseason. He’s not eligible to sign it this summer because he is one year shy of the service year criteria. Jokic is in his sixth season after being drafted in the second round in 2014. A player needs at least seven years of NBA experience to sign a designated veteran extension that starts at 35% of the salary cap.
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The exact value of Jokic’s next contract will depend on exactly where the 2023/24 cap lands. If the cap is $125MM, the deal would be worth $253.75MM over five years.
Jokic has two years remaining on his current deal — he’ll make approximately $31.6MM next season and $33.6MM in 2022/23.
Damn. $241 mil. Let’s just reflect on the fact that Michael only made $93.2 mil total in NBA earnings.
Obviously times are different, the game is more global and organizations make more than ever. But still. Congrats though Jokic.
Even with Murray back, the nuggets need one more piece…A stellar sixth man of sorts won’t hurt whom is more consistent.
They have a big 3 with nice secondary pieces. Ever heard of Michael Porter jr?
pretty good for a second round pick lol he deserves it