The estimated net worth of Nikola Jokic is $30 million in 2023, salary of $33,047,803 for the 2022-23 NBA season, and net income of $24.23 million after taxes. His 2023-24 net income after taxes is based on his average salary of $46.9 million from the five-year period, $272 million max. He signed with the Denver Nuggets in July 2022.
With his 2023-24 salary being $46.9 million, Jokic pays $17.3 million in federal taxes, $2.06 million in Colorado state taxes, agent Misko Raznatović $1.41 million, $1.4 million in operating taxes, and $436,000 in operating taxes. Federal insurance contributions (FICA) taxes.
Pointing to a few NBA betting sites, the Nuggets are favorites to win the 2023 NBA Finals over the Miami Heat. Some sportsbooks still show Nikola Jokic has the best odds of winning the Finals MVP award.
Nikola Jokic’s income after taxes 🥴
$46.9M: Salary
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$17.36 million in federal tax
$2.06 million Colorado tax
$1.41 million: Agent fees
$1.4 million in jock tax
$436,000: FICA
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$24.23 million: net income pic.twitter.com/DqEQfoOZec– Andrew Petcash (@AndrewPetcash) June 5, 2023
Even after taxes, Nikola Jokic is still one of the richest players in the NBA. The five-year, $270 million Supermax extension is the largest contract in league history.
LeBron James signed a two-year, $97.1 million deal last August, making him the highest-earning player in NBA history with $532 million in guaranteed money during his career.
Jokic will earn about $303 million between now and the end of the 2027-28 season. The Nuggets center became eligible for the supermax when he won his first MVP award following the 2020-21 season.
Denver Nuggets center Nikola Jokic Net Worth, Salary, and Income After Taxes in 2023
The two-time MVP has a player option worth $61.908 million for the 2027-28 season. His estimated base salary for the 2023-24 season is $46.9 million. This is based on a projected maximum salary of $134 million.
Plus, while Jokic has yet to sign a lifetime endorsement deal, the five-time All-Star has sportswear deals with Nike, Panini, and Western Union.
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2023-24 NBA season salary: $46.9 million
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Nikola Jokic Net Worth: $30 million
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Jokic’s income after taxes: $24.23 million
On social media, the eight-year-old veteran also advertised Jelen, a Serbian pale ale founded in 1756. Nikola Jokic earned nearly $1 million from sponsorship alone.
Nikola Jokic’s salary from the NBA season
NBA season |
NBA team |
NBA salary |
2015-16 season |
Denver Nuggets |
$1,300,000 |
2016-17 season |
Denver Nuggets |
$1,358,500 |
2017-18 season |
Denver Nuggets |
$1,471,382 |
2018-19 season |
Denver Nuggets |
$24,605,181 |
2019-20 season |
Denver Nuggets |
$26,573,595 |
2020-21 season |
Denver Nuggets |
$29,542,010 |
2021-22 season |
Denver Nuggets |
$30,510,423 |
2022-23 season |
Denver Nuggets |
$33,047,803 |
Moreover, Nikola Jokic has a cap number of $46.9 million, which makes him the highest paid player in the Nuggets. His salary takes up 23.41% of Denver’s total cap.
as the runner-up in the 2022-23 MVP behind the Philadelphia 76ers Joel EmbiidJokic lived up to the hype.
Not to mention, the winning team in the 2023 NBA Finals takes home $4,775,940. Of course the losing team receives $3,164,731. These amounts are divided among the team members.
Through 17 starts this postseason, Nikola Jokic averages 30.4 points, 12.9 rebounds, 10.1 assists, 1.1 steals and 39.2 minutes per game. In addition, the five-time All-NBA member shoots 54.5% from the floor and 46.9% outside the arc.