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.

Three-time NBA MVP Nikola Jokic has decided to delay a contract extension with the Denver Nuggets this summer, a person with knowledge of the matter told The Associated Press on Tuesday night. The person spoke to the AP on condition of anonymity because neither Jokic nor the Nuggets have addressed the matter publicly.