Nikola Jokic has reportedly signed the richest deal in NBA history on Thursday, according to Shams Charania of The Athletic.

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

The back-to-back MVP and the Nuggets agreed to a five-year $264 million supermax contract extension. The Joker reportedly also has a player option worth $60 million for the 2027-28 season. The 27-year-old center has led the Nuggets to the playoffs each of the last four seasons, including a Western Conference Finals appearance in 2020.

This last season, Jokic led the Nuggets to a 48-34 record and a sixth-place finish in the Western Conference playoffs while Jamal Murray and Michael Porter Jr. missed most if not all of the season due to respective knee and back injuries. The Joker averaged 26.7 points, 12.3 rebounds, and 8.1 assists per game on 57.5 percent shooting from the field. Jokic also led the League in player efficiency for the second year in a row.

“I would like it, of course, but it’s not something that I’m deciding,” Jokic said, per Sam Amick of The Athletic when asked about winning another MVP. “I think of course if it’s offered—if (the) offer is on the table—of course, I’m going to accept it because I really like the organization and really like the people who work here.”

Amick reported that Denver was expected to offer Jokic a five-year, $254 million extension that would make him the highest-paid player in the game. Assuming Murray comes back near his top form, Porter Jr. is healthy, and Jokic continues to play at a high level, the Nuggets could be a significant playoff threat next season.

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