What is Nikola Jokic's Net Worth in 2024?

By Edcel Panganiban March 05, 2024 03:32

Nikola Jokic is a professional Serb basketball player who has amassed insane recognition for his extraordinary abilities and playing style, hence he's well off. Jokic is among the wealthiest athletes even for NBA players his estimated net worth as of January 2024, being around $50 million.

Salary

His current salary for the 2023–24 NBA season has him earning an eye-popping $47.6 million a year, making Jokic one of the highest-paid players in all of basketball. Plus, his deals with the Denver Nuggets earn Jokic another huge paycheck — he landed a massive contract extension worth $276 million over five years last March, making it one of the biggest contracts in NBA history at that time.

That fifth-year extension makes it so his earnings are only going to get higher, and with the 2024-25 season there'd be a projection $51.4 million for that year.

Endorsements

In addition to his notable salary, Nikola Jokic has also inked some high profile marketing partnerships especially with brands like Nike, Western Union,Somborac and Panini amongst others. These endorsements account for a large portion of his wealth; according to sources, Jokic earns roughly $20 million annually from sponsors.

Investments

In addition to having a good pay from basketball and sponsorship, Jokic decided to bet his money on few investments what leveled up even more this part of the financial portfolio. His calculated investments have resulted in his net worth additionally attributed to wise investment decisions as of 2024.

Net Worth Growth

This success has been directly related to the rise in popularity and influence of Nikola Jokic; this, in turn, is very clearly reflected by his ever-increasing net worth. However, his wealth has soared and by 2023 he is estimated to posses a net worth of $70 million up from just $2 million in 2018. That major increase speaks to his on-court ability in addition to the fact that people want the fame this one-time starting NBA point guard will bring them.

Notable Achievements

Because of Jokic's amazing professional skills on the court, along with a slew of awards under his belt, it has skyrocketed his wealth. He is a five -time NBA All-star between 2019 and 2023, as well the two-time NBS's MVP of years under his belt — he has sure put himself in an iconic threshold. The claim to fame, coupled with success such as winning a silver medal at the 2016 Olympic Games while representing Serbia in basketball has helped him not only rise his profile but also made millions.

Personal Investments

Outside of basketball, Jokic has made major investments in his personal life — namely real estate and luxury items. He purchased a $2.4 million Denver, Colorado home (pictured above) in 2019 with six bedrooms seven-bathrooms and a large backyard pool. His car collection also suggests a flavour for luxury and comfort boasting of some mean machines like the Jeep Grand Cherokee, Range Rover as well as Mercedes-Benz GLE 43 AMG.

Jokic is only further climbing the financial rankings in sports, and his net worth should continue spiraling upward as he keeps making noise worldwide on the basketball stage.