What Is Nikola Jokic net worth?
Nikola Jokic’s estimated net worth is $50 million. He is a Serbian professional basketball player and a member of the NBA Champion Denver Nuggets. He began as a member of the Serbian National Basketball Team and has since become an NBA MVP, NBA Champion, NBA Finals MVP, and a bona fide NBA superstar.
Though he has had a storied NBA career so far, what does Nikola Jokic’s net worth look like? We will go over the Denver Nuggets’ NBA history, his NBA salary, partnership with major brands, and all the things people want to know about when it comes to Nikola Jokic’s net worth.
And don’t forget to check out how Denver Nuggets playoffs history looks like here.
Early Life and Career of Nikola Jokic
The 29-year-old professional basketball player was born in 1995 in Sombor, Serbia. His brothers were friends with former NBA star Darko Milicic, instilling a love of basketball at a young age for the future Serbian star.
Jokic spent three seasons playing youth basketball for KK Mega Basket and even got 13 games with the team in the Serbian League. The Sombor, Serbia native was solid during his time with Mega Basket, but it would be his time in the ABA that really put him on the radar.
At 6’11” with a 7’3” wingspan, Nikola Jokic would continue to fly under the radar, eventually being taken with the 41st overall pick (second round) in the 2015 NBA Draft by the Denver Nuggets.
Calculation of Nikola Jokic’s Net Worth
Nikola Jokic’s estimated net worth is $50 million, but that is going to go up exponentially in the coming years. Jokic received the largest extension in franchise history, a 5-year/$276 million deal after helping lead the Denver Nuggets to the Western Conference Finals in the 2020 bubble season.
His contract has been the result of an immensely successful season. Despite going in the second round of the NBA Draft, Nikola Jokic has become essential to the Denver Nuggets. He made the All-NBA First Team to begin his career. Making the NBA All-Rookie First Team should have been a good indication of things to come.
In addition to making the NBA All-Rookie First Team, Jokic has made NBA history. Nikola Jokic became just the 9th player in NBA history to win the NBA MVP award three times or more. Leading the Denver Nuggets to not only their first NBA Finals in 2023, but an NBA championship over Jimmy Butler and the Miami Heat, only elevated his value. Not bad for being an afterthought in the NBA Draft.
Denver Nuggets center Nikola Jokic (15) and guard Jamal Murray (27) stand on the court during the second half of an NBA basketball game against the Minnesota Timberwolves, Tuesday, March 19, 2024, in Minneapolis. (AP Photo/Abbie Parr)
Comparison to Other NBA Players’ Net Worth
Nikola Jokic is one of the highest-paid players in the NBA and with good reason. The Denver Nuggets star signed a five-year contract extension worth $276.1 million over five years. If he manages to take the Denver Nuggets to another NBA Finals and championship, his value will only be higher when the deal expires in 2027.
As of now, he’s doing well compared to most other NBA players. That said, he will need to finish out his current deal and sign another lucrative contract if he wants to get in the range of the richest NBA players ever. Names like Kobe Bryant, Shaquille O’Neal, and LeBron James are worth $400 million or more.
With additional endorsements and investments, plus an annual salary of $55.2 million, “Nikola Jokic net worth” will come with a rapidly growing number as a result. He has proven to be worth every penny for the Denver Nuggets and shows no signs of slowing down. Winning a fourth MVP trophy is not out of the realm of possibility with as dominant as his game has been.
Impact of Endorsements on Nikola Jokic’s Net Worth
Endorsements are definitely important to Nikola Jokic’s net worth. Jokic signed on with top brands like Nike, Western Union, Somborac, Panini, and 361 Degrees. The Finals MVP has millions in endorsements just from Nike and Western Union alone.
The Serbian center is a valuable player on the floor and in marketing. He might not be on the same level as the Los Angeles Lakers LeBron James, but the All-NBA First-Team member has been critical for the Denver Nuggets and his own brand ever since his rookie season.
Investments and Business Ventures of Nikola Jokic
Nikola Jokic’s net worth has been put to good use in his home country. Though he is not enthused about winning his third MVP trophy, he is excited about the properties he purchased in Sombor, Serbia. Nikola Jokic’s wife is also involved in his investments.
Jokic owns a ranch as well and is heavily interested in horse racing. Nikola Jokic’s big contract extension has afforded him the ability to invest in things that he loves. He might be the most lunchpail NBA Finals MVP there has ever been, but the Denver Nuggets star does have his passions.
Speculations and Future Prospects
Nikola Jokic and his future will always be a point of discussion. After winning his first NBA Championship, the first in Denver Nuggets history, he seemed like a guy ready to go home after a long day at the office. He doesn’t seem to love basketball like other stars but just happens to be one of the most dominant forces in NBA history.
He has a passion for his horses and being at home in Serbia. Perhaps it is that detached nature that helps make him so good. Nikola Jokic goes onto the court with business-like attitude, looking to dominate and go home with a win. It has worked out pretty well for him, especially for a second-round pick in the NBA Draft all those years ago.
The future for Nikola Jokic in the NBA is entirely up to him. He is arguably the best player in the world and has won three MVP awards to prove it. The Denver Nuggets are a premier team that will contend for NBA championships with him and Jamaal Murray as the foundation. He will want to go back to his horse ranch in Serbia for good at some point, but that shouldn’t be for a long time.
Final Thoughts About Nikola Jokic
Nikola Jokic has done it all, one of the most dominant players in NBA history. He’s working toward another NBA Finals appearance this year after winning his third NBA MVP trophy this year. The NBA All-Star signed a historic contract extension and his sponsorship deals have put him on the celebrity net worth map.
His low-key lifestyle, driving relatively simple vehicles like a GMC Yukon Denali, in the wake of a lucrative contract extension has made Nikola Jokic’s net worth substantial. Between Nikola Jokic’s investments, five-year contract extension, and deals with major brands, the NBA All-Star has become a valuable player in more ways than one.
