Team Note: Jokic has notified the Nuggets that they will not renew their contract in advance this summer and will hold contract negotiations next summer

According to Denver Post reporter Bennett Durando, sources said that Jokic has informed the Nuggets that he will not renew his contract early this offseason and he plans to wait until next summer to negotiate contracts.

Previously reported that Jokic, 29, can sign a three-year max salary of $212 million in advance renewal, which will be attached to his existing contract, which will last until the 2026-27 season and includes a player option for the 2027-28 season.

If Jokic postpones renewal until next year's offseason, he will be able to make an extra $80 million.

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