Nikola Jovic

Miami Heat, Small Forward
Age: 20-343d (Jun 09, 2003)
Exp: 2 Years
Country: RS
Drafted: Round 1 (#27 overall), 2022
Agent(s): Jared Mucha, Misko Raznatovic
2024-25 Cap Hit

$2,464,200

2024-25 Cash

$2,464,200

Career Earnings

$4,591,920

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 2024-25, Jovic will earn a base salary of $2,464,200, while carrying a cap hit of $2,464,200 and a dead cap value of $2,464,200.

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
Free Agent:
2026 / RFA
Year Age Status Cap HitAnnual Cap % League Cap Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2022-23 19 $2,239,920 1.81% $2,239,920 1.49% $2,239,920 $2,239,920
2023-24 20 $2,352,000 1.73% $2,343,890 1.42% $2,352,000 $4,591,920
2024-25 21
Club
$2,464,200 1.75% $2,464,200 1.44% $2,464,200 $7,056,120
2025-26 22
Club
$4,445,417 2.87% $4,445,417 2.36% $4,445,417 $11,501,537
2026-27 23
RFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap 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
2026-27 23
RFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2022-23 19 $2,239,920 $2,239,920 $2,239,920 $2,239,920 $2,875,384
2023-24 20 $2,352,000 $2,352,000 $4,591,920 $2,295,960 $3,087,206
2024-25 21
Club
$2,464,200 $2,464,200 $7,056,120 $2,352,040 $3,454,809
2025-26 22
Club
$4,445,417 $4,445,417 $11,501,537 $2,875,384 $4,445,417
Contract Notes
  • 2024-25: Club Option (deadline 10/31/23, exercised 10/3/23)
  • 2025-26: Club Option (deadline 10/31/24)
Source: Spotrac
Career Earnings thru 2024

$4,591,920

Career 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
Total      
$7,056,120
$4,591,920
2024 21
Active / Club Exercised
$2,464,200
$7,056,120
2025 22
Active / Club
$4,445,417
$11,501,537
Total
$11,501,537
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
Total
$7,056,120
$7,056,120
$7,056,120
2025
22
$4,445,417
$4,445,417
$11,501,537
Total
$11,501,537
$11,501,537

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $4,591,920 - - $4,591,920

Injuries

Year Dates Games Missed Reason
2022-23 MIA Nov 04, 2022 - Nov 07, 2022 1 Nose
2022-23 MIA Nov 30, 2022 - Dec 05, 2022 2 Foot
2022-23 MIA Dec 08, 2022 - Dec 10, 2022 1 Undisclosed
2022-23 MIA Dec 31, 2022 - Mar 06, 2023 30 Back
2022-23 MIA Mar 25, 2023 - Apr 09, 2023 8 Back
2023-24 MIA Nov 06, 2023 - Nov 11, 2023 2 Illness
2023-24 MIA Mar 17, 2024 - Mar 19, 2024 2 Hamstring
  • 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
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

Suspensions

Date Reason Games Suspended Fine Amount
Oct 23, 2022 for on-court altercation during TOR-MIA game 1 $15,448
Feb 25, 2024 for leaving the bench during altercation during MIA-NOP game 1 $16,221
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
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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