Nikola Jokic chooses not to sign a three-year, $207 million contract extension this summer. He could make about $280 million on a three-year extension next year.

Jokic is eligible for a three-year, $206.4 million extension as of July 8 — and Nuggets management has said they would offer it — but he told the Denver Nuggets that he is not going to sign it this summer, waiting to discuss a contract with the team next summer, reports Bennett Durando of the Denver Post.