Nikola Jokic has informed the Nuggets he will not sign a contract extension this offseason, team sources told The Denver Post, as the three-time MVP intends to wait until next summer to engage in contract talks.

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.

Nikola Jokić reportedly won't sign a contract extension with the Denver Nuggets this offseason, but that is not as troubling of a situation for the Western Conference team as it may seem.