Misko Raznatovic, the agent for Nikola Jokic, expects the star center to sign a super-max contract extension with the Nuggets during the 2022 offseason, he said during an appearance on Donatas Urbonas’ podcast at BasketNews.com.
“According to our expectations, it should be signed this summer,” Raznatovic said. “The extension of the maximum amount, what he obviously deserved.”
Raznatovic’s comments are essentially just further confirmation of an outcome that has long been anticipated.
Jokic qualified for a super-max contract – also known as a designated veteran extension – when he won the NBA’s Most Valuable Player award in 2021. However, he only had six years of NBA service at that time, and a player signing a super-max deal, which starts at 35% of the salary cap instead of 30%, must have at least seven years under his belt. So even though he had met the performance criteria, Jokic had to wait one more year to extend his contract.
The 27-year-old has done nothing this season to dissuade the Nuggets from putting that super-max offer on the table, having averaged 25.5 points, 13.8 rebounds, 8.0 assists, and 1.4 steals on .567/.364/.806 shooting in 55 games (33.0 MPG).
Jokic, who will be eligible to officially sign his extension once the new league year begins in July, can tack five new years onto the final season of his current contract, which will pay him $33.6MM in 2022/23. We can’t yet pin down the exact value of the reigning MVP’s super-max extension, since it will be based on the salary cap in 2023/24.
Last month, the NBA projected a $121MM salary cap for the ’22/23 season, so it’s a safe bet that number will continue to rise the following year — we just don’t know by how much. For instance, if the ’23/24 salary cap is $124MM, Jokic’s five-year extension would be worth $251.7MM. A $128MM cap would result in a $259.8MM deal.
No matter what the precise amount of the extension is, it’ll be a record-setting payday for Jokic, one that his agent expects him to take in stride.
“Luka Doncic organized a nice party for his last contract that put some kind of challenge primarily for me because I am very well known for organizing parties and participating in social life,” Raznatovic told Urbonas with a smile. “But knowing Nikola, probably nothing will happen, and everything will be the same. Just one piece of paper to be signed.”
NostraDunker predicts that Jokic will sign the supermax this offseason…
Well Deserved. Jokic been playing carrying a team of bums every year in a loaded west
They aren’t bums they are good NBA players not trying to Discredit Jokić he has been amazing this season but to say that he carries them and his teammates are bums is absolute ridiculous they are great role players.
He’s an incredible player and as incredibly reliable. Can’t remember when he last had a significant injury.
I also can’t think of another player who cared less about stats to be almost averaging a triple double with such historic efficiency.
When interviewed about the MVP race, he said ‘Joel is an incredible player and it would be great if he got it this year as a fellow big man’.
Easily my favourite player. Crazy basketball IQ, cares most about making the right play, hungry to improve, tough and still only 27.
People are talking about how much better the Nuggets will be with Murray and Porter back but I’m excited to see how much better Jokic will be, without the double teams and blown shots after perfect passes.
He’s currently at 25.5ppg on 47/37/80%, 13.8rpg, 8apg, 1.4spg and nearly a block a game (but only if it’s a game winning/saving block).
I see the shooting percentages going up, the scoring and rebounding dropping slightly and the assists making it to double figures once Denver are back to full strength (next season).
What I’m most focused on his how spoilt we are to be living in an era of Antetokounmpo/Embiid/Jokic/Doncic/Morant – passionate and Uber skilled players just entering their prime while the previous generation’s greats Curry/Thompson/Green/James/Durant/Harden/Paul/Leonard/Lillard still have plenty left in the tank. I’ve never known the league so wide open and have never looked forward to the playoffs so much.
He doesn’t block shots . Never averaged 1 a game in his whole career. There are not many game winning blocks. He still has a ways to go
The smartest player in nowday nba.
So about a quarter billion. That’s
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Joker actually deserves the super max
He’s earned it imo