Nikola Jokic has informed the Nuggets he will not sign a contract extension this offseason, team sources told The Denver Post, as the three-time MVP intends to wait until next summer to engage in contract talks.

Three-time NBA MVP Nikola Jokic has decided to delay a contract extension with the Denver Nuggets this summer.

Nikola Jokić reportedly won't sign a contract extension with the Denver Nuggets this offseason, but that is not as troubling of a situation for the Western Conference team as it may seem.

Big man Jonas Valanciunas appears to be coming to the Nuggets very soon after some controversy with his contract.

The projected max he could sign at that time is $285.4 million.It is in Jokic's interest to wait. Jokic, 30, is not an older player or one with an injury history where there is an added motivation to grab the money on the table now because it might not be there in a year.

The Denver Nuggets thought they had finally found an ideal backup center for Nikola Jokic when they were able to convince the Sacramento Kings to trade Jonas Valanciunas for Dario Saric. It was a brilliant trade to give them a rotational-level player, especially considering that Saric couldn't crack into the rotation at all.

Denver Nuggets superstar Nikola Jokic, eligible as of Tuesday for a contract extension, will wait until next summer to negotiate a new deal, the Denver Post and ESPN reported.

Nikola Jokic and the Nuggets failed to reach an extension, sparking wild speculation, including a surprise Pistons connection.