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Jokic delays Nuggets extension for max deal

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Three-time MVP Nikola Jokic stated his intention to remain with the Denver Nuggets for the remainder of his career, but plans to wait until next offseason to sign a contract extension. Jokic is currently under contract for two more seasons, including a player option for the final year. By delaying his decision until the 2027 offseason, he becomes eligible to sign a five-year, $359.5 million deal, which would be the largest in NBA history and push his career earnings to an estimated $724 million.

The Nuggets organization is reportedly aware of Jokic's timeline and understands the financial motivation behind his decision. This is the second consecutive offseason where Jokic has been eligible to negotiate an extension. Despite his individual accolades, including averaging a triple-double for the second time with 27.7 points, 12.9 rebounds, and 10.7 assists, the Nuggets were eliminated in the first round of the playoffs last season.

The Nuggets have had a quiet start to free agency, re-signing guards Tyus Jones and Peyton Watson while losing Tim Hardaway Jr. to the Miami Heat. Jokic's decision to prioritize a larger future contract signals his commitment to Denver, but the team will need to address roster improvements to capitalize on his extended presence following their championship in 2023.