Panathinaikos Basketball Club owner Dimitrios Giannakopoulos wants to bring three-time NBA Most Valuable Player Nikola Jokic to Athens, with the Denver Nuggets superstar potentially joining the Greek club for the 2027-28 season.
Giannakopoulos, whose net worth has been estimated at between $500 million and $1.9 billion, said on the “Euro Insiders” podcast, published Tuesday, that he approached the Nuggets about buying out Jokic’s contract and bringing the Serbian star to Greece.
“People are going to say, ‘OK, now he’s joking,’” Giannakopoulos said. “I did make a very serious proposal this year, both to his team and to him. I got a rejection. I know that he has one more year (on his) contract.”
Technically, Jokic has two years remaining on his contract. According to Spotrac, he is due to be paid $59,033,114 this season and $62,841,702 next season, while the 2027-28 season is a player option.
“When I asked, he had a certain contract running,” Giannakopoulos said. “This was his last year. I tried to buy out his last year. They didn’t even, I mean, it took a few seconds to say, ‘Who? Greece? Where? What? Bye,’ from his team. But ... let’s wait until next year.”
Jokic, 31, has spent all 11 of his NBA seasons with the Nuggets and has averaged 22.2 points, 11.1 rebounds and 7.5 assists while leading the franchise to its only NBA championship in 2022-23.
Jokic has averaged a triple-double in each of the past two seasons. Oscar Robertson, who did so in 1961-62, and Russell Westbrook, who accomplished the feat four times, are the only other players to average a triple-double for a full season.
Last season in the EuroLeague, Panathinaikos went 22-16 to finish seventh among 20 teams before losing to Valencia Basket in the first round of the playoffs.
Former NBA players including Jerian Grant, Juancho Hernangomez, Kendrick Nunn and Guerschon Yabusele are listed on Panathinaikos’ preseason roster.
