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Nuggets, Jokic agree to NBA-record $264M contract

All-Star center Nikola Jokic agreed to the most-lucrative contract in NBA history Thursday with the Denver Nuggets. File Photo by Jim Ruymen/UPI | <a href="/News_Photos/lp/7b7d9f7d687361547f3200a11c774d19/" target="_blank">License Photo</a>
All-Star center Nikola Jokic agreed to the most-lucrative contract in NBA history Thursday with the Denver Nuggets. File Photo by Jim Ruymen/UPI | License Photo

July 1 (UPI) -- The Denver Nuggets and All-NBA center Nikola Jokic agreed to a five-year extension worth at least $264 million, the most lucrative pact in league history.

Sources told The Athletic, the Denver Post and ESPN about the agreement late Thursday.

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The Athletic and Post reported the total value at $264 million, while ESPN reported a $270 million total. The fifth year of the contract will be a player option.

Jokic, who claimed NBA MVP honors in each of the last two seasons, averaged a career-high 27.1 points, 13.8 rebounds and 7.9 assists per game in 74 starts in 2021-22.

The three-time, first-team All-NBA selection joined the franchise as a second-round pick in the 2014 NBA Draft.

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