Nikola Jokic Net Worth (2023): How much is the Denver Nuggets star worth?

Nikola Jokic

Nikola Jokic is an enigmatic personality, who has proved his potential in the league since his draft in 2015. Despite being a 41st overall pick by the Denver Nuggets, the Serbian superstar exceeded all expectations over his potential through his relentless work-ethic and style of play. All of this worked out for the Serb when he won both the NBA championship and the Finals MVP title in 2023.

With the two-time NBA MVP enshrining his name among the NBA greats, question arises, how much does he earn through his career. In this article, we answer this question as we further delve into Nikola Jokic’s net-worth, career-earnings, endorsements, and other sources of income.

Nikola Jokic’s net worth in 2023

Nikola Jokic’s current net worth stands roughly at around $50 million in 2023. However, it is expected that his worth would sky-rocket even further in 2024, following his championship win in 2023. A significant chunk of Jokic’s income comes from his Denver Nuggets annual salary, coupled with his endorsement deals and other investments.

How much does Jokic earn from his NBA contract?

During his rookie year, Nikola Jokic was offered a three-year $4,075,000 deal, which guaranteed him a salary of $1,358,000 till 2017. During his initial few seasons, Jokic had exceeded the expectations that he carried as a 41st pick in the league. The Serbian, who was literally drafted while a Taco Bell commercial was on air, became a formidable threat as a center for his opposition teams.

Over the years, Jokic signed two extension contracts which guaranteed him a salary above $30 million. As of 2023, Jokic has entered the second year of his $276,122,630 contract which guarantees him a $55,224,526 average annual salary. In the upcoming 2023-24 season, Jokic is set to earn $47,607,350. Furthermore, if he opts for his player option for the 2027-28 season, the Serbian might even end up earning $62,841,702 from his Nuggets contract.

Nikola Jokic endorsements

The Joker is signed onto some really lucrative endorsement deals, which includes major brands and corporations. It is estimated that the Serb earns around $20,000,000 from his endorsement income from various brands. Here is a list of brands promoted by Jokic:

  • Nike
  • Western Union
  • Somborac (a Serbian brand)
  • Panini (a trading card company)

Nikola Jokic’s investments

Nikola Jokic has made several investments in properties across Serbia, which includes an apartment complex in his home town Sombor. Furthermore, his interest in horse racing has also led him to own several racing horses in his country. Jokic had previously expressed his wishes of investing to improve the basketball infrastructure and facilities available in his countries. Currently, he is also a co-owner of the Serbian basketball club BC Mega Basket, where he played before joining the NBA.