There was palpable concern in the Denver Nuggets community last offseason when three-time MVP Nikola Jokic declined a contract extension that would have locked him into the franchise for several more years. With a player option worth $62.8 million for the 2027-28 season, Jokic technically could test free agency as soon as the next two offseasons.
Fortunately for Denver, Jokic passed on that earlier extension with the clear intention of signing a more lucrative deal this summer. Now eligible for a new four-year contract extension worth approximately $280 million, Jokic is poised to become the highest-paid player in NBA history. While the figure is staggering, the Nuggets face an absolute no-brainer decision.
Why this is an easy decision for Denver
Nikola Jokic has done everything imaginable for the Denver Nuggets franchise. He became the first player in team history to win the MVP award and spearheaded the organization’s first-ever NBA Championship. Drafted with the No. 41 overall pick in 2014, Jokic has evolved into one of the greatest centers the league has ever seen. The Nuggets’ front office and ownership understand that their priority is ensuring he finishes his career in Denver.
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The organization should be willing to do whatever it takes financially to keep Jokic happy and committed. As long as the three-time MVP remains the focal point, the Nuggets will be perennial contenders. Paying him the supermax extension is not just logical — it’s essential.
Even while playing roughly half the season dealing with a knee injury and other physical issues, Jokic posted remarkable numbers: 27.7 points, 12.9 rebounds, and 10.7 assists per game. He shot an elite 56.9% from the field, 38.0% from three-point range, and 83.1% from the free-throw line.
His dominance was historic. Jokic led the entire NBA with 34 triple-doubles — 21 more than the next closest player. He became the first player in league history to lead the NBA in both rebounds per game and assists per game while also ranking eighth in scoring. Statistically, he is coming off one of the most impressive individual seasons in NBA history. Though his production dipped slightly after a month-long injury absence, Jokic remains at the absolute peak of his powers.
Is there any concern?
A contract of nearly $70 million per season through the 2030-31 campaign represents an enormous long-term commitment. The Nuggets must ensure they can continue building a competitive roster around their superstar. A deal of this magnitude could constrain future flexibility and make it more challenging to surround Jokic with the necessary supporting cast.
However, Jokic is the rare type of transcendent player who justifies paying first and building around him second. The probability of contending for championships is exponentially higher with him on the roster than without. While some fans may voice reservations about committing such historic money, the front office is expected to move forward without hesitation — and for very good reason.
Jokic has earned this. He has elevated the Nuggets from a respectable Western Conference team into a true dynasty-level contender. Paying the three-time MVP to remain the face of the franchise isn’t just smart business; it’s the only logical path forward if Denver wants to maximize its championship window.
This offseason, the Nuggets have a golden opportunity to secure their franchise cornerstone for the rest of his prime. For a team that waited decades for a player of Jokic’s caliber, the decision should be swift, decisive, and celebratory.