Story perspectives

Panathinaikos Owner's Jokic Buyout Offer Rejected Instantly

8/11/2026

Summary

Story summary

Panathinaikos owner Dimitrios Giannakopoulos, whose net worth is estimated between $500 million and $1.9 billion, made a buyout offer to the Denver Nuggets to bring MVP Nikola Jokic to Athens, which the Nuggets rejected within seconds.
Jokic, 31, is owed $59,033,114 this season and $62,841,702 next season, and averaged a triple-double in each of the last two seasons.
Panathinaikos finished seventh (22-16) and lost to Valencia Basket in the first round.

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Story summary

Panathinaikos owner Dimitrios Giannakopoulos, whose net worth is estimated between $500 million and $1.9 billion, made a buyout offer to the Denver Nuggets to bring MVP Nikola Jokic to Athens, which the Nuggets rejected within seconds.
Jokic, 31, is owed $59,033,114 this season and $62,841,702 next season, and averaged a triple-double in each of the last two seasons.
Panathinaikos finished seventh (22-16) and lost to Valencia Basket in the first round.