Nikola Jovic

Miami Heat, Small Forward
Age: 19y-2m-14d (Dec 22, 2006)
Exp: 3 Years
Country: SRB
Drafted: Round 1 (#27 overall), 2022
Agent(s): Jeff Schwartz, Jared Mucha, Misko Raznatovic (Excel Sports Management)
2025-26 Cap Hit

$4,445,417

2025-26 Cash

$4,498,510

Career Earnings

$11,554,630

2026-2029 Rookie Extension (UPCOMING EXTENSION)

Nikola Jovic signed a 4 year, $62,400,000 contract with the Miami Heat, including $62,400,000 guaranteed, and an average annual salary of $15,600,000.
Contract Terms:
4 yr(s) / $62,400,000
Average Salary:
$15,600,000
GTD at Sign:
$62,400,000
Total GTD:
$62,400,000
Signed Using:
Minimum
Free Agent:
2030 / UFA
Year Age Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2026-27 23 $16,200,000 9.76% $16,200,000 $16,200,000 8.03% $16,200,000 $16,200,000 $16,200,000
2027-28 24 $14,904,000 8.55% $14,904,000 $14,904,000 7.04% $14,904,000 $14,904,000 $31,104,000
2028-29 25 $15,096,000 8.25% $15,096,000 $15,096,000 6.79% $15,096,000 $15,096,000 $46,200,000
2029-30 26 $16,200,000 8.43% $16,200,000 $16,200,000 6.94% $16,200,000 $16,200,000 $62,400,000
2030-31 27
UFA
Year Age Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Luxury Tax
2026-27 23 $16,200,000 - - $16,200,000 9.76% $16,200,000
2027-28 24 $14,904,000 - - $14,904,000 8.55% $14,904,000
2028-29 25 $15,096,000 - - $15,096,000 8.25% $15,096,000
2029-30 26 $16,200,000 - - $16,200,000 8.43% $16,200,000
2030-31 27
UFA
Year Age Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2026-27 23 $16,200,000 $16,200,000 $16,200,000 $62,400,000 $16,200,000 $15,600,000
2027-28 24 $14,904,000 $14,904,000 $31,104,000 $46,200,000 $15,552,000 $15,400,000
2028-29 25 $15,096,000 $15,096,000 $46,200,000 $31,296,000 $15,400,000 $15,648,000
2029-30 26 $16,200,000 $16,200,000 $62,400,000 $16,200,000 $15,600,000 $16,200,000
Trade Restriction: This player can be traded but has a Poison Pill restriction until Jul 01, 2026.
Source: Spotrac

2022-2025 Rookie (CURRENT)

Nikola Jovic signed a 4 year, $11,501,537 contract with the Miami Heat, including $11,501,537 guaranteed, and an average annual salary of $2,875,384. In 2025-26, Jovic will earn a base salary of $4,445,417, while carrying a cap hit of $4,445,417 and a dead cap value of $4,445,417.
Contract Terms:
4 yr(s) / $11,501,537
Average Salary:
$2,875,384
GTD at Sign:
$4,591,920
Total GTD:
$11,501,537
Signed Using:
rookie-scale-exception
Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2022-23 19 $2,239,920 1.81% $2,239,920 $2,239,920 1.49% $2,239,920 $2,239,920 $2,239,920
2023-24 20 $2,352,000 1.73% $2,352,000 $2,343,890 1.42% $2,352,000 $2,352,000 $4,591,920
2024-25 21
Club
$2,464,200 1.75% $2,464,200 $2,464,200 1.44% $2,464,200 $2,464,200 $7,056,120
2025-26 22
Club
$4,445,417 2.87% $4,445,417 $4,445,417 2.37% $4,445,417 $4,445,417 $11,501,537
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Luxury Tax
2022-23 19 $2,239,920 - - $2,239,920 1.81% $2,239,920
2023-24 20 $2,352,000 - - $2,352,000 1.73% $2,343,890
2024-25 21
Club
$2,464,200 - - $2,464,200 1.75% $2,464,200
2025-26 22
Club
$4,445,417 - - $4,445,417 2.87% $4,445,417
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2022-23 19 $2,239,920 $2,239,920 $2,239,920 $73,901,537 $2,239,920 $2,875,384
2023-24 20 $2,352,000 $2,352,000 $4,591,920 $71,661,617 $2,295,960 $3,087,206
2024-25 21
Club
$2,464,200 $2,464,200 $7,056,120 $69,309,617 $2,352,040 $3,454,809
2025-26 22
Club
$4,445,417 $4,445,417 $11,501,537 $66,845,417 $2,875,384 $4,445,417
Trade Restriction: This player can be traded but has a Poison Pill restriction until Jul 01, 2026.
Contract Notes
  • 2024-25: Club Option (deadline 10/31/23, exercised 10/3/23)
  • 2025-26: Club Option (deadline 10/31/24, exercised 9/5/24)
Source: Spotrac
Seasons

3 Years

Career Earnings thru 2025

$11,554,630

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 19
Active
$2,239,920
$2,239,920
2023 20
Active
$2,352,000
$4,591,920
2024 21
Active / Club Exercised
$2,464,200
$7,056,120
2025 22
Active / Club Exercised
NBA Cup
$4,445,417
$53,093
$11,501,537
$11,554,630
Total      
$11,554,630
$11,501,537
$11,554,630
2026 23
Active
$16,200,000
2027 24
Active
$14,904,000
2028 25
Active
$15,096,000
2029 26
Active
$16,200,000
Total
$73,954,630
* denotes prorated cash total due to lockout season

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $11,554,630 - - $11,554,630
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2022
19
$2,239,920
$2,239,920
$2,239,920
2023
20
$2,352,000
$2,352,000
$4,591,920
2024
21
$2,464,200
$2,464,200
$7,056,120
2025
22
$4,445,417
$53,093
$4,445,417
$53,093
$11,501,537
$11,554,630
Total
$11,554,630
$11,554,630
$11,501,537
$11,554,630
2026
23
$16,200,000
$16,200,000
2027
24
$14,904,000
$14,904,000
2028
25
$15,096,000
$15,096,000
2029
26
$16,200,000
$16,200,000
Total
$73,954,630
$73,954,630

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $11,554,630 - - $11,554,630

Injuries

Year Dates Games Missed Reason
2025-26 MIA Feb 21, 2026 - Feb 28, 2026 4 Back
2025-26 MIA Feb 01, 2026 - Feb 01, 2026 1 Hip
2025-26 MIA Dec 15, 2025 - Dec 23, 2025 5 Arm
2025-26 MIA Nov 19, 2025 - Nov 24, 2025 4 Hip
2024-25 MIA Feb 24, 2025 - Apr 13, 2025 27 Hand
2024-25 MIA Dec 16, 2024 - Dec 16, 2024 1 Ankle
2024-25 MIA Dec 01, 2024 - Dec 02, 2024 2 Ankle
2023-24 MIA Mar 17, 2024 - Mar 19, 2024 2 Hamstring
2023-24 MIA Nov 06, 2023 - Nov 11, 2023 2 Illness
2022-23 MIA Mar 25, 2023 - Apr 09, 2023 8 Back
2022-23 MIA Dec 31, 2022 - Mar 06, 2023 30 Back
2022-23 MIA Dec 08, 2022 - Dec 10, 2022 1 Undisclosed
2022-23 MIA Nov 30, 2022 - Dec 05, 2022 2 Foot
2022-23 MIA Nov 04, 2022 - Nov 07, 2022 1 Nose
  • Oct 03, 2025 Signed a 4 year $62.4 million Rookie Scale contract extension with Miami (MIA)
  • Sep 05, 2024 Miami (MIA) exercised $4.45 million option for 2025-26
  • Feb 25, 2024 Suspended 1 game (forfeit $16,220) for leaving the bench during altercation during MIA-NOP game
  • Oct 03, 2023 Miami (MIA) exercised $2.46 million option for 2024-25
  • Oct 23, 2022 Suspended 1 game (forfeit $15,448) for on-court altercation during TOR-MIA game
  • Oct 23, 2022 Suspended 1 game (forfeit $15,448) for on-court altercation during TOR-MIA game
  • Jul 02, 2022 Signed a 4 year $11.5 million Rookie Scale contract with Miami (MIA)
  • Jun 23, 2022 Drafted by Miami (MIA): Round 1 (#27 overall)

Fines

Date Reason Fine Amount
Nov 08, 2025 for technical foul during POR-MIA game $2,000
Mar 05, 2024 for technical foul during DET-MIA game $2,000
Mar 05, 2024 for technical foul during DET-MIA game $2,000
Mar 05, 2024 for ejection (two technical fouls) from DET-MIA game $2,000
Fines: 4 $8,000

Suspensions

Date Reason Games Suspended Fine Amount
Feb 25, 2024 for leaving the bench during altercation during MIA-NOP game 1 $16,221
Oct 23, 2022 for on-court altercation during TOR-MIA game 1 $15,448
Suspensions: 2 $31,669
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2025 MIA 45 1 17.6 7.5 3.4 2.2 0.6 0.4 .370 .272 .683
2024 MIA 46 10 25.1 10.7 3.9 2.8 0.8 0.3 .456 .371 .828
2023 MIA 46 38 19.5 7.7 4.2 2.0 0.5 0.3 .452 .399 .702
2022 MIA 15 8 13.6 5.5 2.1 0.7 0.5 0.1 .406 .229 .947
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