Hong Kong’s love affair with basketball is quite well known. This is also why there’s always a lot of interest here in NBA players and what they are up to. One such player that has grabbed a lot of attention recently is Nikola Jokić.
On Wednesday, 9 May, Jokić was named the Most Valuable Player (MVP) of the NBA 2023-24. With this win, he now holds the distinction of being the first non-American player to be named NBA’s MVP on three or more occasions. In addition, he is also the ninth player overall to win this award at least three times.
The three MVP award wins will surely help Jokić enrich his already embellished portfolio. A few of his other achievements include:
- Featuring in six NBA All-Star matches.
- Being named in the All-NBA Team five times (including three first-team selections).
- Silver medal win with the Serbian national team at the 2016 Rio Olympics.
Jokić emerged as the clear winner in the race for the MVP award in 2023-24. The Serbian star received 79 out of 99 first-place votes. In second place stood Shai Gilgeous-Alexander of the Oklahoma City Thunder with 15 votes. Meanwhile, Dallas Mavericks guard Luka Doncic finished third with a meagre four votes to his name.
The MVP award win was special to Jokić, particularly after finishing second to Joel Embiid of the Philadelphia 76ers in 2022-23. Embiid failed to defend his crown after he fell short of the 65-game mark set by the NBA as a threshold for MVP award eligibility. For context, the Philadelphia 76ers center underwent knee surgery in February that kept him away from the basketball court.
As the world celebrates the modern-day legend, we honour Nikola Jokić by taking a look at his net worth, salary from his NBA contract, house, car collection and more.
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Nikola Jokić: Everything we know about his wealth
How much is Nikola Jokić’s net worth?
Since he is one of the finest basketball players of his generation, it is hardly surprising to learn that Nikola Jokić has amassed a fortune from his time in the sport. But how much is his exact valuation?
According to a report by Celebrity Net Worth, Nikola Jokić, in 2024, enjoys a net worth of USD 50 million (HKD 390 million approx.).
However, even with such impressive wealth, the Serbian is not among the richest NBA players in the world. For context, LeBron James and Kevin Durant have valuations of USD 600 million and USD 300 million, respectively.
A look at Nikola Jokić’s salary
In 2022, Nikola Jokić signed a record contract with the Denver Nuggets worth a massive USD 276 million. This historic deal, which runs from 2023 to 2028, sees the Serbian take home an average annual salary of around USD 54.4 million.
However, the Designated Veteran Player Extension contract that Jokić signed works a little differently. In the first year of the deal, 2023-24, he received a salary of USD 47.6 million (USD 915,385 per week). The amount will gradually increase with every season. By the final year (2027-28), Nikola Jokić is expected to receive an annual salary in excess of USD 60 million, or approximately USD 1.2 million per week.
Here is how his salary structure stands:
- 2023-24: USD 47.6 million
- 2024-25: USD 51.4 million
- 2025-26: USD 55.2 million
- 2026-27: USD 59 million
- 2027-28: USD 62.8 million
A peek into Nikola Jokić’s real-estate properties
Celebrities who have garnered fame and wealth often lead a luxurious lifestyle. This includes owning multiple lavish mansions. As a superstar of the basketball fraternity, Nikola Jokić, too, has multiple houses to his name.
Let us take a look at them:
Denver, Colorado
The primary residence of Nikola Jokić is a house in Denver, Colorado. Spread over 12,271 square feet, the mansion provides a magnificent view of the Coors Field, the home of the Major League Baseball (MLB) side Colorado Rockies.
The property boasts six bedrooms, seven bathrooms and a nice, spacious backyard with a private pool. Jokić purchased this house in 2019 for USD 2.4 million.
Cherry Hills Village, Colorado
Right after winning his first MVP award in the National Basketball Association (NBA) in 2021, Nikola Jokić set out on a house-hunting spree. He eventually decided to buy a huge mansion in the suburbs of the Cherry Hills Village in Colorado for a sum of USD 4.5 million.
The gated property has an area in excess of 12,000 square feet and houses as many as 29 rooms. In addition, the place comes with massive living spaces, guest apartments, a private gym, a pool and a pool house. The highlight of the mansion, however, is a state-of-the-art home theatre that can accommodate up to 12 viewers.
Sombor, Serbia
Even though he spends most of his time playing in the United States of America (USA), Nikola Jokić’s heart longs for his home in Sombor, Serbia. The basketball star has a strong connection with his home town.
He loves to spend his off-season in Sombor with his family. To that end, Jokić bought five plots of land in the northern Serbian city and is constructing a lavish house (at the time of writing this article). The exact valuation of the house is unknown.
At present, Jokić owns an apartment in Sombor, along with a few other properties across Serbia. Overall, he is the owner of more than 10 real-estate properties.
Which cars does Nikola Jokić own in his garage?
Nikola Jokić’s penchant for cars is well-known in the basketball fraternity. He has several stunning automobiles in his garage. A few of them are as follows:
- Mercedes-Benz AMG G 63 Brabus 800 (USD 693,000)
- Lamborghini Aventador S (USD 550,000)
- Lamborghini Huracan (USD 350,000)
- Lamborghini Urus (USD 230,000)
- Porsche-Mansory Panamera 4S (USD 110,000)
- GMC Yukon Denali (USD 83,000)
- Mercedes-Benz GLE 43 AMG (USD 58,000)
- Jeep Grand Cherokee (USD 36,000)
It is important to note that the figures given above are estimates and not the exact values.
Which brands does Nikola Jokić endorse?
Like many successful sports personalities, Nikola Jokić has a host of multinational brands in his endorsement portfolio.
The most prominent sponsorship deal of Jokić’s career has been with the American athletic footwear and apparel corporation Nike. It was in 2015 that the company first signed him on. In 2020, Nike extended its contract with the Serbian. According to the terms of the deal, Jokić endorsed the brand’s collection of basketball shoes.
However, Nike never made a signature line of shoes for the multi-NBA MVP winner. So when Chinese footwear brand 361 Degrees approached Jokić with such a prospect, the offer was too alluring for him to turn down. In December 2023, the basketball player signed a multi-year deal with 361 Degrees.
In addition, the basketball player endorses other brands such as Western Union, Somborac and Panini. Jokić’s overall earning from his endorsements ranges between USD 750,000 and USD 1 million per annum.
With his MVP award win in 2023-24, the figure is expected to see a massive bump in the coming days.
Is Nikola Jokić involved with works of charity?
A philanthropist at heart, Nikola Jokić is known for participating in charitable events from time to time.
In 2019, he, alongside fellow basketball player Jamal Murray, attended a charity ping pong event. The fundraiser enabled the LuBird’s Light Foundation to build accessible playgrounds across the USA.
A year later, the Denver Nuggets center made a substantial donation to the Doctor Radivoj Simonovic Medical Center in his hometown, Sombor. The proceeds were utilised to combat the COVID-19 pandemic.
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(Main and Featured Images Credits: Nikola Jokić/Facebook)
Frequently Asked Questions (FAQs)
– How much is Nikola Jokić’s net worth in 2024?
Nikola Jokić, in 2024, enjoys a net worth of around USD 50 million (HKD 390 million approx.).
– How many cars does Nikola Jokić own?
Nikola Jokić has a number of cars in his collection, including, but not limited to, a Lamborghini Aventador, Lamborghini Urus, Mercedes-Benz AMG G 63 Brabus 800 and a GMC Yukon Denali.
– How much is Nikola Jokić’s salary per week?
In 2024, Nikola Jokić has a weekly salary of around USD 915,385.
– What is the worth of Nikola Jokić’s house?
Nikola Jokić’s primary residence in Denver, Colorado is worth around USD 2.4 million.
