Denver Nuggets star Nikola Jokic agrees to five-year, $270 million supermax extension, agents say

Denver Nuggets star Nikola Jokic has agreed to the largest contract in NBA history — a five-year, $270 million supermax extension, his agents Jeff Schwartz and Mike Lindeman of Excel Sports told ESPN on Thursday night.

Jokic, the two-time reigning Most Valuable Player, is now secured to the Nuggets for a total of six seasons for $303 million. The deal includes a player option and a trade kicker.

A second-round draft pick, Jokic has evolved into one of the improbable forces in the history of the game, a transformative offensive talent who's secured back-to-back league MVP awards.

Jokic, 27, averaged 27.1 points, 13.8 rebounds and 7.9 assists in 74 games for the Nuggets last season, as he edged out Philadelphia 76ers center Joel Embiid to win the league's top individual honor for a second straight season, becoming the 15th player to win at least two MVP awards in their career and the 10th to win them in back-to-back seasons.

He became eligible for the supermax when he won his first MVP award following the 2021 season, setting him up to extend through the remainder of his prime in Denver. Players qualify for the supermax by being named to an All-NBA team or winning Defensive Player of the Year, in either the most recent season or the two prior seasons, or by winning the league's MVP award in any of the last three seasons.

Most of the NBA's big-name free agents have already agreed to deals, but the offseason moves are still going strong, and we have full coverage here.

• Latest free agency and trade news and buzz • Pelton: Analyzing every offseason move • Lowe: Offseason winners and losers • What league insiders say about the offseason • Pelton's offseason grades: East | West

Now a four-time All-Star and three-time All-NBA