Nikola Jokic Net Worth Breakdown

Nikola Jokic net worth is estimated at $50 million.

Jokic, a Serbian professional basketball player, is currently affiliated with the NBA’s Denver Nuggets.

With six All-Star appearances and five selections to the All-NBA team, Jokic has established himself as a prominent figure in the league.

Born on February 19, 1995, in Sombor, Serbia, Jokic embarked on his professional basketball journey with the Serbian team Mega Basket in 2012, where he spent two seasons before entering the NBA draft.

An infographic of Nikola Jokic Net Worth
An infographic of Nikola Jokic Net Worth

The Nuggets selected him in the second round of the 2014 NBA draft.

Jokic has since become a cornerstone player for the team, now entering his ninth NBA season.

The NBA player is known for his versatile skill set as a center, which includes exceptional playmaking, shooting prowess, and rebounding abilities, Jokic has earned acclaim as a five-time NBA All-Star from 2019 to 2023.

Notably, he secured the NBA’s Most Valuable Player (MVP) title for the 2021 and 2022 seasons, marking a historic achievement as the first player in Nuggets history to receive this prestigious accolade.

Beyond his NBA career, Jokic also represents the Serbian national basketball team and notably secured a silver medal at the 2016 Olympic Games.

Profile Summary

Information Details
Name Nikola Jokic
Net Worth Approximately $50 million
Age February 19, 1995 (age 29)
Residence Denver, Colorado
Position Center
Marital Status Married
Source of Wealth Professional Basketball, Endorsements, and Investments
Salary $47.6 million (2023–24 season)
Endorsements Nike, Western Union, Somborac & Panini

 

What is Nikola Jokic’s Net Worth in 2024?

As of 2024, Nikola Jokic’s net worth is at $50 million.

He recently secured a groundbreaking contract extension with the Denver Nuggets, valued at an unprecedented $276 million, setting a new record for the largest contract in NBA history.

Nikola Jokic’s Career

Nikola Jokic began his basketball journey with KK Vojvodina Srbijagas before joining KK Mega Basket in 2012, where he signed his first professional contract.

Initially, he primarily played for the junior team to refine his skills but gradually earned more playing time with the senior squad in the subsequent season.

In 2014, Jokic declared for the NBA draft, and the Denver Nuggets selected him as the 41st overall pick during a commercial break.

Following another successful year in the Serbian League, where he won the Adriatic League MVP Award, Jokic embarked on his NBA career with the Nuggets in 2015.

His rookie season showcased his versatility, averaging 10 points, 7 rebounds, and 2.4 assists per game, earning him a spot on the All-Rookie First Team.

Jokic continued to impress in his second year, recording six triple-doubles and finishing second in the Most Improved Player race.

The subsequent season saw Jokic establish himself as a premier threat, recording the fastest triple-double in NBA history.

Since 2019, Jokic has earned selection to the All-Star team for five consecutive years.

He further solidified his status as one of the league’s top players by winning back-to-back NBA MVP honors in 2021 and 2022.

Although he didn’t secure a third consecutive regular-season MVP, Jokic compensated by leading the Nuggets to their first-ever NBA Championship in 2023, where he also clinched the Finals MVP Award.

He became only the second player to achieve a triple-double on his NBA Finals debut.

Currently, Jokic is leading the MVP race for the 2023-24 season while climbing to the top four on the list of career NBA triple-doubles.

Nikola Jokic’s Past Salary

SEASON TEAM SALARY
2022/23 Denver Nuggets $33,047,803 ($34,029,050*)
2021/22 Denver Nuggets $31,044,906 ($34,862,788*)
2020/21 Denver Nuggets $29,542,010 ($34,963,685*)
2019/20 Denver Nuggets $27,504,630 ($32,762,598*)
2018/19 Denver Nuggets $25,467,250 ($30,835,818*)
2017/18 Denver Nuggets $1,471,382 ($1,832,711*)
2016/17 Denver Nuggets $1,358,500 ($1,719,749*)
2015/16 Denver Nuggets $1,300,000 ($1,662,106*)
Total $150,736,481 ($172,668,505*)”

Nikola Jokic’s Projected Salary

Nikola Jokic is earning $47.6 million this NBA season, which started in 2023 and will end in 2024. This season marks the beginning of his five-year contract extension with the Denver Nuggets, which he agreed to in 2022.

SEASON DENVER NUGGETS
2023/24 $47,607,350
2024/25 $51,415,938
2025/26 $55,224,526
2026/27 $59,033,114
2027/28 $62,841,702

 

Nikola Jokic endorsements

Because of Jokic’s rapid rise to fame, it’s no surprise that some big brands have teamed up with the Serbian star. Besides his hefty NBA earnings, Jokic also makes a good amount from sponsorship deals.

Reports suggest Jokic has endorsement contracts with Nike, Western Union, and Panini.

According to Sports Tiger, these deals alone earn him around $750,000, but that figure is likely to increase following his championship win and Finals MVP title.

Despite his success on the court, Jokic isn’t the most marketable athlete. He prefers privacy, isn’t active on social media, and often shies away from public attention.

Nevertheless, his NBA earnings have made him very wealthy, and he remains the highest-paid center in basketball.

Nikola Jokic’s Awards and Achievements

Award/Accolade Years
2 x NBA MVP 2021, 2022
1 x NBA Finals MVP 2023
1 x NBA Champion 2023
NBA All-Rookie First Team 2016
5 x NBA All-Star 2019, 2020, 2021, 2022, 2023
3 x All NBA First Team 2019, 2021, 2022
2 x All NBA Second Team 2020, 2023
1 x Western Conf. Finals MVP 2023

 

Nikola Jokic’s House 

In 2019, Nikola Jokic possessed a residence worth $2.4 million located in Denver, Colorado.

The house features six bedrooms, seven bathrooms, and a generous backyard complete with a pool.

In late 2021, Jokic acquired a 12,271-square-foot estate in Cherry Hills, Colorado, for $4.5 million.

This property boasts amenities such as a 12-seat home theater, a pool house, a gym, and guest apartments.

Additionally, the Joker is in the process of constructing a residence spanning five plots of land in his hometown of Sombor, Serbia.

Following his NBA debut, Jokic invested in his initial high-value horse.

As of 2024, he possesses more than a dozen horses competing throughout Europe under Jokic’s stable.

Nikola Jokic’s Car Collection

Similar to many known athletes, Nikola Jokic possesses an impressive array of vehicles.

The NBA superstar is said to own luxury cars including the Lamborghini Aventador S, Porsche-Mansory Panamera 4S, GMC Yukon Denali, Lamborghini Urus, and the Mercedes-Benz AMG G 63 Brabus 800 SUV.

Additionally, he has been spotted driving a Lamborghini Huracan.

Nikola Jokic’s Shoe Deal

In 2015, Nike enlisted Nikola Jokic, yet they did not develop a dedicated signature line for the two-time NBA MVP.

Throughout his tenure with Nike, he wore various footwear models such as the Hyperdunk, Zoom Rize, and Nike Air Zoom G.T. Jumps.

However, come December 2023, the ‘Joker’ secured a multi-year partnership with the Chinese shoe brand 361 Degrees.

The relatively young company founded 21 years ago, has already commenced the production of Jokic’s inaugural signature shoe.

Meanwhile, the Denver Nuggets luminary has been seen on the court wearing the Big3 Future High.

Nikola Jokic’s Investments

Jokic is said to have acquired numerous properties in Serbia, including an apartment complex in his native town of Sombor.

He has also shown interest in contributing to the improvement of basketball courts and facilities in Serbia.

Furthermore, Jokic is a partner in ownership of the Serbian basketball team BC Mega Basket, where he previously played before transitioning to the NBA.

Nikola Jokic’s Charity and Foundation

Nikola Jokic demonstrates a strong commitment to community service.

His recent philanthropic gesture allegedly involved supporting the LuBird’s Light Foundation.

In 2019, Jokic, alongside Jamal Murray, participated in a charity ping pong event aimed at generating funds for the construction of inclusive playgrounds facilitated by the LuBird Foundation.

Additionally, he contributed substantially to a medical center in his hometown, Sombor, to aid in the battle against the COVID-19 pandemic.

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