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Nikola Jokic, Bradley Beal cash in quickly as NBA free agency begins

Associated Press

The NBA generated more basketball related income than ever this past season, the total number coming up just short of $9 billion.

Business is good. The first night of free agency underscored how good.

Nikola Jokic and Bradley Beal both quickly agreed to deals that will be worth more than a quarter of a billion dollars by the time they expire, highlighting the moves made Thursday when the NBA’s annual free-agent negotiating window opened.

Jokic agreed to a supermax extension to remain with the Denver Nuggets, the two-time reigning MVP guaranteeing himself at least $264 million over five seasons starting with the 2023-24 campaign.