Two-time NBA MVP Nikola Jokic has agreed to a five-year, $264 million supermax contract extension with the Denver Nuggets, the richest deal in NBA history, sources tell @TheAthletic @Stadium. Fifth season (2027-28) will be a player option at $60M.
— Shams Charania (@ShamsCharania) June 30, 2022
Nikola Jokic's 5-year max contract that kicks in next year will look like this with full 8% raises based on a $133,000,000 salary cap:
— T.J. McBride (@TJMcBrideNBA) June 30, 2022
23-24: $46.550M
24-25: $50.274M
25-26: $54.296M
26-27: $58.640M
27-28: $63.331M*
*Player option