The Denver Nuggets will decline their team option upon Nikola Jokic to make him a restricted free agent.

Jokic and the Nuggets plan to reach agreement on a five-year, $146.5 million max contract.

Jokic was signed to a deal worth just $2.9 million for the 18-19 season.

In his third NBA season, Jokic averaged 18.5 points, 10.7 rebounds, 6.1 assists with a PER of 24.4.