Three-time NBA MVP Nikola Jokić 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 Nuggets have been eliminated in the second round of the playoffs in back-to-back years since winning their first NBA title 2023. After their Game 7 loss to the Thunder in May, Jokic was blunt in concluding to reporters that Denver wasn’t not good enough to win the championship.

Jokic is eligible for a three-year, $206.4 million extension as of July 8 — and Nuggets management has said they would offer it — but he told the Denver Nuggets that he is not going to sign it this summer,