Jokic could have inked a three-year, $212 million extension, but informed the Nuggets he will wait until the summer of 2026, when he can sign a four-year contract projected to be worth nearly $293 million. This decision is rooted in financial strategy rather than any uncertainty about his future in Denver.

Jokic remains under contract through the 2026–27 season, with a player option for 2027–28. That means the earliest he could hit free agency is the summer of 2027, giving the Nuggets at least two more years of security with their superstar.

For Nuggets fans and the organization, Jokic’s move is not a signal of dissatisfaction but rather a reflection of the evolving business landscape in the NBA, where maximizing contract length and value has become the norm for the league’s elite.

Nuggets’ Perspective: No Panic, Just Pressure

The Nuggets’ front office anticipated Jokic’s decision and has responded with calm pragmatism. Team president Josh Kroenke and general manager Calvin Booth have been transparent about the financial realities and the options available to Jokic, expressing their support for whatever path he chose.

There is no sense of panic within the organization, as Jokic has consistently expressed his love for Denver and his commitment to the team. Sources close to the franchise say Jokic is pleased with the team’s recent roster moves, which include the additions of Cameron Johnson, Bruce Brown, Tim Hardaway Jr., and Jonas Valanciunas.

Still, Jokic’s decision does add a layer of urgency. After back-to-back second-round playoff exits since their 2023 championship, Denver knows it must keep the roster competitive and the team in title contention if it hopes to ensure Jokic’s long-term future in Colorado. 

Why Wait? The Business Behind the Decision

By waiting until 2026 to sign his next contract, Jokic stands to benefit in several ways. The extension available to him that summer would be for four years instead of three, offering both greater long-term security and a significantly higher total value.

With the NBA’s salary cap expected to rise, the projected deal could net Jokic nearly $80 million more than if he were to sign now.

This approach also allows Jokic to retain flexibility as the league’s financial landscape continues to change, a strategy that has become increasingly common among NBA superstars seeking to maximize both earnings and leverage.

What’s Next for Jokic and the Nuggets

In the short term, Jokic’s decision changes little for the Nuggets. He remains the face of the franchise and will lead a retooled Denver squad into the 2025–26 season with championship ambitions.

While the extension delay is a business move, it also serves as a reminder that the clock is ticking and the Nuggets must continue to deliver on their end if they want to keep their generational star for the long haul.