Denver Nuggets will refuse the team option on Nikola Jokic



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The Denver Nuggets filed the paperwork to deny the team's option on Nikola Jokic's contract Monday night, paving the way for a five-year deal, of about $ 147 million, announced ESPN.

The decline of the $ 1.5 million team option for the 2018-2019 season makes Jokic, 23, a restricted free agent and allows the Nuggets and Jokic to run the company. Long term agreement.

The Nuggets will deny the $ 1.5 million team option on Nikola Jokic so that they can sign it for a long-term deal. Matthew Stockman / Getty Images

If Denver had not declined the option, Jokic could have been an unrestricted free agent in 2019.

Both sides plan to work together for the new deal, which should be completed by July 1, league sources said.

Jokic became the star of the Denver franchise, averaging 18.5 points, 10.7 rebounds and 6.1 assists last season. Denver has won 46 regular season games, missing the playoffs on the final game of the regular season. Denver hopes to re-sign guard Will Barton, who will be a free agent without restriction.

Jokic was the 41st pick in the 2014 NBA Draft and signed a typical deal for a second-round pick that includes an unrestricted free agency after the fourth year.

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