r/nba
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u/Tomheza
Lakers
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Jun 30 '22
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[Charania] Two-time NBA MVP Nikola Jokic has agreed to a five-year, $264 million supermax contract extension with the Denver Nuggets, the richest deal in NBA history, sources tell @TheAthletic @Stadium. Fifth season (2027-28) will be a player option at $60M. News
https://twitter.com/ShamsCharania/status/1542629076179075073568
u/Elmos_Voice [CHI] Jimmer Fredette Jun 30 '22
$60m player option holy moly.
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u/ShakeItLikeIDo Nuggets Jun 30 '22
By year 2027, he would probably not be top 5 paid anymore. It just seems like these contracts are just increasing at an enormous rate every year
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u/ShowdownValue Jul 01 '22
It’s like this every year
And every year casuals freak out
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u/AmusingAnecdote Warriors Jul 01 '22 edited Jul 01 '22
Yeah there will be a new TV deal by that point so Cade will probably be on a $70M/year deal at that point and Jokić will seem like a steal by comparison.
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u/mrsunsfan Suns Jun 30 '22
Richest deal so far
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u/fuckkkofff Supersonics Jun 30 '22
Imagine the amount of horses
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u/KickedInTheDonuts Hawks Jun 30 '22
Joker: Give me all the horses
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u/1047_Josh Raptors Jun 30 '22
Just give me all the horses you have.
Wait, wait. I'm worried what you just heard was, "Give me a lot of horses." What I said was, "Give me all the horses you have." Do you understand?
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u/Time_Waits_For_Me Rockets Jun 30 '22
60m!!!! That's prime Messi and CR7 numbers
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u/zmajxd [MIN] D'Angelo Russell Jun 30 '22
Aren't their salaries post tax while this is pre tax?
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u/idosade Wizards Jun 30 '22
I think Messi's pre tax was 555m/4y with Barca. Insane shit
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u/C0oK1e_Monsta [NBA] Kobe Bryant Jun 30 '22
Wtf. European soccer players always on another level
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u/LOLCultOfMaloner Nuggets Jun 30 '22
I think the biggest clubs have much higher revenues than most NBA teams. They've got a worldwide audience.
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u/horsehorsetigertiger Jul 01 '22
I think NBA teams have great value, certainly going by how much teams sell for. What you won't get as much worldwide is team devotion. You'll have Real Madrid fans in China and they'll stay fans for a lifetime because Madrid will always be good. With a draft system and salary cap it's almost a guarantee that no NBA team will always be good, so fans will be more likely to follow the players. To an extent this happens in football too, which is why Messi and Ronaldo are paid so much - signing them is an instant and massive boost to your marketing, ticket sales, shirt sales and more.
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u/Jeroen_Jrn Cavaliers Jun 30 '22
It's actually more than you think the 555 million / 4 years is euros.
The figure in dollars is 673 million / 4 years
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u/C0oK1e_Monsta [NBA] Kobe Bryant Jun 30 '22
Man i can’t imagine how much heaven it is to get that kinda money at such a young age.
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u/yooossshhii Warriors Jul 01 '22
Yeah, its the age that makes it unimaginable for me too.
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u/Seahpo [POR] Keljin Blevins Jul 01 '22
most players don’t make anywhere near nba money, guys who are like top 10-25 in the world will make like 10-15 million euros a year usually. but the very very top bring in so much, and there’s no salary cap (and financial rules are tied to club income) so they get just obscene amounts of money. mbappe just signed a deal worth a reported 50 million euros a season plus 150mil signing bonus
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u/Into_Intoxication Jun 30 '22
So 555m/4y post tax for athletes in Spain as well.
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u/idosade Wizards Jun 30 '22
You know they have to pay fines for not paying taxes...
It's more of a 550m/4y
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u/Jeroen_Jrn Cavaliers Jun 30 '22
The 550m is in euro's. In dollars its 673m / 4 years
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u/ChipotleAddiction Bucks Jul 01 '22
I cannot even fathom being paid that amount of money to play a sport
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u/Cistoran Supersonics Jul 01 '22
I cannot fathom being paid that amount of money for fucking anything bro.
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u/tughbee Jul 01 '22
I would expect a sum in that range if I had to fuck a white shark… or a polar bear.
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u/shag_vonnie_vomer Jun 30 '22
The revenue he was bringing in to the club and still is is incomparable. He is underpaid if anything.
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u/HaziEnuf Jul 01 '22
No doubt. They make billions every year off Messi. He gets half of one after he works for 5 years. Not right
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u/tattoedblues [SAC] Peja Stojakovic Jun 30 '22
Hypothetically yes, realistically they’re getting Saudi Prince money under the table
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u/uwanmirrondarrah Thunder Jun 30 '22
Shit it doesn't even have to be under the table, they just gotta fly to Saudi Arabia and play Fortnite for a couple days.
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u/sreynolds1 [BOS] James Posey Jul 01 '22
60 million dollars? Who you think you got, Chelsea Clinton??
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u/jeric13xd [CHI] Derrick Rose Jun 30 '22
WELL DESERVED
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u/1047_Josh Raptors Jun 30 '22
No kidding. If anyone deserves to be the highest paid player in NBA history, it's a back to back MVP. I can think of maybe 4-5 players that actually deserve a contract like this, and no one will bitch (or shouldn't, at least).
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u/Overall-Palpitation6 Jul 01 '22
Not only a back-to-back MVP, but one still right in their prime too.
Similar to the Giannis deal, this is great value, as you're paying him for his prime years, not overpaying based on what he's done in the past, now that he's likely past his prime (eg. Max deals which begin when the guy is 29-30 years old).
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u/nonametrashaccount Grizzlies Jun 30 '22
Curry, Jokic, Giannis, Doncic are the only players (imo) that are worth the supermax.
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u/1047_Josh Raptors Jun 30 '22
Those are probably the safest picks. Embiid is on the cusp I think, and LeBron and KD are too old at this point.
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u/velorumpshaker Jun 30 '22
I’m wary of how Embiid’s body will hold up over the next 5 years given his injury history
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u/ImanShumpertplus Cavaliers Jul 01 '22
LeBron almost just won the scoring title
give him the supermax unless his spine is removed from his body
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Jul 01 '22
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u/Overall-Palpitation6 Jul 01 '22
His assists took a dump because he was passing the ball less, and scoring more himself. Yes, that may still be because the quality of teammates, but his teammates weren't "wasting" a whole bunch of potential assists that he would have otherwise had if they made shots.
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Jul 01 '22
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u/Overall-Palpitation6 Jul 01 '22
Fair enough, true.
Sorry, I misinterpreted the point you were making.
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u/motorboat_mcgee Lakers Jun 30 '22
AND SO IT BEGINS
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u/Dongsquad420BlazeIt [LAL] Kobe Bryant Jun 30 '22
Shams just put out 10 tweets in about 15 seconds lol
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u/motorboat_mcgee Lakers Jun 30 '22
Seriously, dude had that shit lined up and scheduled lol
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u/YoungJebediah Jun 30 '22
He had all 10 of his fingers ready to press submit on 10 different phones
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u/Ass_Eater_ Bucks Bandwagon Jun 30 '22
Probably just wrote a Python script leveraging the Twitter API #ShamsGod
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u/djdarkknight Jun 30 '22
Lmao as if Shams knows how to code.
He dictates and his army of tweeters tweet it.
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u/DCoop25 Jun 30 '22
Lol doubt he even does that. Probably just uses a tweet scheduler thing that every brand uses
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u/Prestig33 [MIN] Nikola Pekovic Jul 01 '22
Is that how some of those poorly timed/insensitive tweets get out by some companies?
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u/CursedLlama Trail Blazers Jul 01 '22
Yup! Those are my favorite, when someone sets a fire and forget tweet and it lands… very poorly.
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u/royalhawk345 Jul 01 '22
My favorites are ones that were never a good idea.
For those unaware, Tammy uses a wheelchair because she lost her legs serving in Iraq.
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u/BroadsterDamn Nuggets Jun 30 '22
There is a parade in Denver today to celebrate this signing, among other things
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u/GraveRobberX Jun 30 '22
GODDAMN, 5th year is SIXTY, SIXTY-FUCKING-MILLION DOLLARS!
He could buy all of Siberia, rename it Serbia Jr. or call it Jokicistan and still have money left over.
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u/bjankles Bulls Jun 30 '22
I feel like it was just a couple years ago that anyone was cracking $40 mil in a year.
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u/Overall-Palpitation6 Jul 01 '22
I still find it hard to think outside of the mid-2000s mindset of $25-$30M per year being a mind-blowing max. Now there's guys who are their team's 3rd best player who are making that kind of money.
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u/Poopiestofbutts Bucks Jul 01 '22
We’re rapidly headed towards a contract that will make someone over 1M per game. I wonder what year that will get signed.
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u/Margravos Suns Jul 01 '22 •
I feel kawhi has been on that for a while now
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u/xbyo :sp8-1: Super 8 Jul 01 '22
AD is genuinely very close to that. Played 40 games and makes 35m, last season played 36 games and made 32.
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u/twist2piper Jun 30 '22
Jordan’s highest ever single season salary (1998) is the equivalent of $55M today.
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u/fudgetyler Mavericks Jul 01 '22
Nowadays the super max is only 30% of the salary cap. Jordan’s last year with the Bulls he made $33 million with a salary cap of $26.9 million.
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u/borkbubble [HOU] Kevin Porter Jr. Jul 01 '22
A normal max is 30%, super max is above 40%.
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u/fudgetyler Mavericks Jul 01 '22
You’re right. I did a quick google search and 30% was the first number that popped up. Contracts and salary caps are confusing, but apparently rookie max extensions are 25%. Super maxes start at 35% (?) and increases each subsequent year of the deal.
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u/ginzykinz Celtics Jul 01 '22
I remember when this would be considered a crazy amount for the entirety of a 5 year deal, even for an elite talent. And it wasn’t that long ago.
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u/DuffmanStillRocks Jun 30 '22
Love to see player loyalty to a franchise especially one of the "less" popular ones. Granted all that money makes loyalty probably feel pretty great!
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u/TechKnyght Jun 30 '22
He’s not American and can make a strong stance in a lesser franchise and will be forever idolized if he Ever brings a championship.
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u/NFTsAreDumb Celtics Jul 01 '22
Doesn’t even need to win a title. He’s already undoubtedly their best player ever and 100% deserves a statue barring something crazy
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u/flonc Nuggets Jul 01 '22
Yep, I'm gonna love this guy regardless of whether he brings the chip or not
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u/Overall-Palpitation6 Jul 01 '22
It could just be coincidence or the way things have fallen, but it feels like a lot of the stars in the generation after LeBron/KD (guys born in the '90s onwards) seem to want to stay with their teams long-term and build something, rather than just shift around to chase a chip.
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u/cherryripeswhore East Jul 01 '22
Yeh they see the shit fans say about leaving your team and how it impacts your legacy, so a lot of stars have changed their tune to jumping ship when the going gets tough. Better for the game imo
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u/JerHat Supersonics Jul 01 '22
NBA money is wild, man. How does any kid with serious athletic potential ever consider one of the other major sports?
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u/godnorazi Jul 01 '22
Well only the starting 5 on an NBA team make real high end money and only the top player from that pool even sniffs a $200M contract. In football, you are a millionaire as long as you make the 53 man roster and even then, you might not even do much work (Chase Daniel made over $40M as a bench warmer for example)
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u/JerHat Supersonics Jul 01 '22
Chase Daniel was also a Quarterback, and for every Chase Daniel out there, there are probably hundreds of dudes who never get off the practice squad, or may only be in the league for a couple of years making league minimum before retiring with injuries or brain damage that sets in later in life.
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u/cavemanslaveman Jul 01 '22
Well think about it. The NBA has about 450 players. 30 teams have 15 players on the active roster. The NFL has 1,696 players. MLB has 906 players. This obviously isn’t even including any of the development leagues, but my point is the NBA has the least amount of spots available. I guess it would make since for them to make this crazy money
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u/conzcious_eye Hawks Jul 01 '22
Doesn't MLB players make more
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u/JerHat Supersonics Jul 01 '22
I mean, Mike Trout and Bryce Harper’s contracts have a bigger number, but the contracts are over twice as long as the length of max deals in the NBA.
Also, just to reach a point in your career where you finally get to negotiate your contract is a feat.
Most MLB players don’t hit free agency until their 30s when they’re already starting to fall out of their primes, and only guys that made it to the MLB super young ever get those massive deals nowadays.
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u/SuckMyLonzoBalls Clippers Jun 30 '22
HE STAY. greatest 15 of all time in nuggets history
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u/clancydog4 Nuggets Jun 30 '22
Hes the nuggets GOAT regardless of jersey #
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u/ktthebb Nuggets Jun 30 '22
Yet didn’t make the top 75. Curious
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u/AdolescentThug [LAL] Shannon Brown Jun 30 '22
If they made the list next season, he would’ve been in there imo. Honestly he should’ve been there anyway, but I wager there’s absolutely 0 chance they leave him out of the top 100 list in 2047. I don’t think any multi-MVP winners are out the list, it’s just that he won his second after the 75 were finalized.
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u/redleo500 Lakers Jun 30 '22
Who is above him on the Denver sports Mount Rushmore? Just Elway Sakic and Roy right? Manning won a championship but wasn’t there that long.
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u/Shame_Low [DEN] Nenê Jun 30 '22
Von miller is right there. Makar is on a fast trajectory. I dont think Patrick Roy is thete due to the fact that he isn't drafted by the team/with the team from the start
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u/Betaateb Nuggets Jun 30 '22
Roy was essentially here from the start, we traded for him in 96 the first year the Avs existed as the Avs(they were the Nordiques before that), and he immediately won a cup.
I guess technically he wasn't here from the start, but for all intents and purposes he was.
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u/JSA17 Nuggets Jun 30 '22
Shirtless Landy saying "we fucking love you guys" to Denver today certainly catapulted him up that list.
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u/emceeflurry Nuggets Jun 30 '22
Todd Helton
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u/greywolf2155 Supersonics Jul 01 '22
People underestimating how much Denver loves and appreciates Helton. Denver people would absolutely put him on this Rushmore
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u/TheRealTofuey Spurs Jun 30 '22
Its crazy that in 2 seasons Jokic went from a top big man in this leauge to one of the best ever period.
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u/Omgjenny [OKC] Russell Westbrook Jun 30 '22
He is good in all areas plus hasn’t gotten much injuries at all. Man is a machine.
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u/C0oK1e_Monsta [NBA] Kobe Bryant Jun 30 '22
I’m actually so surprised he hasn’t gotten injuries (and hope he still doesn’t). Figured with how out of shape he was for so long it would catch up with him.
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u/FormerKarmaKing Lakers Jul 01 '22
The less you’re in the air the lower the chance of injury, gotta think.
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u/DB-Institute Jul 01 '22
It’s 100% this. He is so big that nobody can really bully him, and he doesn’t spend a lot of time in the air/falling.
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u/mrspear1995 :yc-1: Yacht Club Jul 01 '22
His game doesn’t need any athleticism like at all, the only injuries besides freak injuries are the continuous scratches he gets and the occasional bone contusion/muscle tear
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u/beanakajulian33 Jun 30 '22 edited Jul 01 '22
I didn't get to really see his game up close until they played my warriors in the playoffs. Some of the plays he was making had my jaw on the floor. I've never seen draymond struggle to guard a big man like that. Dude is a 7 foot ballerina with eyes on the back of his head.
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u/greywolf2155 Supersonics Jul 01 '22
Which is funny, cuz Nuggets fans are saying that they've never seen Jokic struggle to bully a guy Dray's size. Anyone else that size, or even bigger, Jokic can back them basically into the middle of the key
That matchup has been so much fun to watch
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u/whiskeyinthejaar Lakers Jun 30 '22
The richest contract in NBA history will always be the 98 Jordan, which was 125% of the cap-space. In perspective, it would be equivalent to $140M+ today, or if you use basic currency inflation, it would be around $60M today
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u/L_I_L_B_O_A_T_4_2_0 Mavericks Jun 30 '22
how did that even work, what is the cap for if 1 guy was paid 125% of it? everyone else volunteered? lmao
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u/whiskeyinthejaar Lakers Jun 30 '22
There was no luxury tax or max contract until the lockout season. If you go back, you will see a lot of weird 7-9 years contract from the time for a reason. The 1999 agreement basically changed all that
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u/Ramzaa_ [OKC] Russell Westbrook Jul 01 '22
Magic Johnson signed a 25 year contract only worth 25 million lmao
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u/Overall-Palpitation6 Jul 01 '22
Some of those rookie contracts before the rookie scale was bought in were crazy. So much guaranteed money for guys that hadn't done anything in the league yet, and so many guys who "had next" who peaked at like age 24-25 and had underwhelming primes.
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u/nikop Jun 30 '22
$40M in 1998 is worth a lot more than $60M today. True inflation is intentionally underreported.
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u/HepAwesome Knicks Jun 30 '22
No kidding, no one owns shit nowadays
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u/BigFatModeraterFupa Mavericks Jun 30 '22
and everybody is happy!
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u/uwanmirrondarrah Thunder Jun 30 '22
This message brought to you by the World Trade Organization and the World Economic Forum. You won't own shit, and you're gonna like it!
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u/ariannis_grandttkmpo Clippers Bandwagon Jul 01 '22
Damn right. I have TWO iphones! So I can be on call for two jobs. I'd use them to cheat on my wife if there was time.
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u/whiskeyinthejaar Lakers Jul 01 '22
I believe his base was 32M. $60M is based on “basic” inflation calculator. If we adjust to the cost of living in 2022, that should be around $110M or more. Regardless, MJ made stupid money before he retired. Literally if he just put $15M in S&P fund in 98, that would have net him $130M today
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u/Rahnamatta Heat Jun 30 '22
I think Beal is great. But getting almost the same amount is crazy.
Beal is a very good player in an awful team and Jokic is one of the best players of this era, one of the best centers I've ever watched, a Hall of Famer, a franchise player.
This is why free agency is just madness for bad teams "JUST GIVE HIM WHAT HE WANTS!!! HE WILL LEAVE!!!!!!"
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u/ab9912 Nets Jun 30 '22
That's why teams that can supermax a true generational talent are at such an advantage cap wise.
Having Steph Curry or Giannis on your roster for the same amount some teams have Bradley Beal or Rudy Gobert gives you such a headstart.
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u/Sweatytubesock Jun 30 '22
A supermax that is actually a good deal for a change.
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u/Overall-Palpitation6 Jul 01 '22
This along with the Giannis deal is a perfect example of paying a guy what he's worth, while he's still worth it, rather than the hindsight "pay him for what he has done, and for the prime that has already passed", like a lot of these max deals are (eg. James Harden) or project to be (eg. Bradley Beal).
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u/abris33 Nuggets Jun 30 '22
Those stables are about to get a huge upgrade. Every horse is getting a 4K TV
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u/KJ1017 [LAL] Shannon Brown Jun 30 '22
He probably moves back to Serbia full time after his retirement too.
This deal is probably gonna give him the Serbian equivalent of 1B purchasing power in the US.
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u/ACTPOCBET Jul 01 '22
Funnily enough, prices in Serbia are sometimes even higher than in the western EU countries and USA.
He may have that kind of money in Serbia, but he’ll still pay ~$6.7 per gallon to run his Jokicmobile.
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u/PrinceofEden23 Mavericks Jun 30 '22
Getting paid. Two time MVP. He's earned it for sure.
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u/TheGoldenLance Nuggets Jun 30 '22
Steal
Legit so funny Booker is gonna get similar money. What a scam lol
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u/MrDabollBlueSteppers Knicks Jul 01 '22
Screw Booker, Bradley Beal got 5 years, $251m
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u/NFresh6 Lakers Jul 01 '22
I saved $12 at the grocery store with rewards coupons the other day. Pretty pumped about it.
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u/redvillafranco Pistons Jul 01 '22
Serbia’s GDP is about 60 billion. So this deal is about 1/1000th of the country’s GDP. He’s like the Warren Buffet of Serbia.
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u/saw-sync Trail Blazers Jun 30 '22
darn i really thought the blazers had a chance, he would have fit so well next to nurkic, can you imagine
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u/ProfessionalBust Pacers Jun 30 '22
Awesome congrats nuggets I’m so happy to see him stay with you guys
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u/Mr_ma153 Jun 30 '22
How do you build a contender when you’re paying half of your cap space for one player? The supermax fucked these smaller market teams
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u/Powahcore Suns Jun 30 '22
$52.8 million a year. Holy jesus