Nikola Jovic is a rising Serbian professional basketball player currently making strides with the Miami Heat in the National Basketball Association (NBA).
Born in Leicester, Leicestershire, England, Nikola Jovic's basketball story began at a young age, influenced by his father Ilija who was a professional basketball player back then.
Nikola honed his skills in the youth systems of KK Sava before joining the one of the biggest Serbian basketball clubs, Mega Basket’s youth system in 2018, where he started developing his game.
Jovic's breakout moment came during the 2021–22 Euroleague Basketball Next Generation Tournament in Belgrade, Serbia, where he put up solid numbers, averaging 29.3 points, 10.3 rebounds, 4.5 assists, and 1.8 blocks per game.
These terrific performances earned Jovic the well-deserved MVP award and solidified his status as a top prospect in European basketball.
Making his senior debut for Mega Basket in February 2021, Jovic quickly caught the attention of NBA scouts with his versatile skill set and size. In April 2022, he was named the ABA League Top Prospect for the 2021–22 season, further highlighting his potential.
Eventually, he was selected with the 27th overall pick by the Miami Heat in the 2022 NBA Draft. Despite facing a learning curve in his rookie year, Jovic is showing promise as a talented young power forward for the Heat.
In the 2023-24 NBA season, Jovic truly started showing glimpses of his potential with his hustle and hard work ethic that aligns well with the Miami Heat culture. While still in the early stages of his NBA career, Nikola Jovic's dedication to improvement and willingness to embrace the Heat's culture bode well for his future success in the NBA.
Nikola Jovic Contract Breakdown
| Year | Base Salary | SigningBonus | Cap Hit | Dead Cap | Yearly Cash |
| 2023-24 | $2,352,000 | - | $2,352,000 | - | $2,352,000 |
| 2024-25 (Team Option Exercised) | $2,464,200 | - | $2,464,200 | - | $2,464,200 |
| 2025-26 (Team Option) | $4,445,417 | - | $4,445,417 | - | $4,445,417 |
How much is Nikola Jovic getting paid?
Nikola Jovic is set to earn $2,352,000 for the 2023/24 season.
According to Sportrac, he is on a four-year rookie scale contract with the Miami Heat, worth $11,501,537 part-guaranteed. Jovic's rookie contract follows the typical NBA structure, with the first two years guaranteed and the last two years non-guaranteed.
How much does Nikola Jovic make in a minute?
Nikola Jovic’s salary for the 2023/24 season is $2,352,000. Now one year is known to have 525,600 minutes. If his total salary is divided by the number of minutes available in a year, then he makes around $4.47 in a minute.
Nikola Jovic Career Earnings
After the end of the 2023/24 NBA season, Jovic would have earned just over $4.5 million from his NBA contracts.
What are the terms of Nikola Jovic’s contract?
Jovic’s standard rookie scale contract has team options after second and third seasons. This means the Miami Heat hold the option to decide if they wish to sign him for the 2024/25 and 2025/26 season.
The Miami Heat have already exercised their team option for the 2024/25 season.
How much of the Nikola Jovic Contract is guaranteed?
Nikola Jovic’s contract worth $11,501,537 is guaranteed until the 2024/25 NBA season. Fourth season of the contract is non-guaranteed, as of March 2024.
Nikola Jovic Contract History
These are all the contracts that Nikola Jovic has signed in his career till now.
July 2, 2022
Nikola Jovic signed a four-year $11.5 million contract with the Miami Heat.
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FAQ on Nikola Jovic Contract
A. Nikola Jovic will earn $2,352,000 for the 2023/24 NBA season.
A. Nikola Jovic’s nationality is Serbian.
A. Nikola Jovic’s height is 6 feet 10 inches and his weight is 94 kg (23008 lbs).
A. Nikola Jovic plays as a power forward.
A. Nikola Jovic averaged 6.5 points, 4.1 rebounds, 1.8 assists, and 0.5 steals per game in the 2023/24 games.
