Nikola Jokic is presented the NBA Finals MVP Award leading the Denver Nuggets to a 4-1 series victory over the Miami Heat. Getty
Nikola Jokic is presented the NBA Finals MVP Award leading the Denver Nuggets to a 4-1 series victory over the Miami Heat. Getty
Nikola Jokic is presented the NBA Finals MVP Award leading the Denver Nuggets to a 4-1 series victory over the Miami Heat. Getty
Nikola Jokic is presented the NBA Finals MVP Award leading the Denver Nuggets to a 4-1 series victory over the Miami Heat. Getty

Nikola Jokic powers Denver Nuggets to first NBA title after Game 5 win over Miami Heat


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As the final seconds ticked down towards the first NBA title in Denver Nuggets history, star centre Nikola Jokic walked backwards past centre court, turned towards the Miami Heat bench and shook hands with his vanquished opponents.

Understated when the championship moment arrived, Jokic was anything but during Game 5 of the NBA Finals, scoring 28 points and grabbing 16 rebounds in a 94-89 victory on Monday to wrap up the championship.

After not winning the overall NBA MVP award for the first time in three seasons, Jokic instead helped Denver earn the ultimate team prize and was chosen the Finals MVP. The Nuggets never lost more than twice in any playoff series and finished with 10 victories in their last 11 postseason games.

“It's good, it's good,” Jokic said after the victory on the ABC broadcast. “We can finally go home now.”

Jokic, always reluctant to talk about his own play, instead spoke volumes on the court by averaging 30.2 points, 14 rebounds and 7.2 assists.

“Nikola Jokic is a great person, he is a great husband, father, son and brother, and on the basketball court he has proven time and time again that he is the best player in the NBA,” Denver coach Michael Malone said. “He's our MVP, we love him and we're thankful he's wearing a Nuggets uniform.”

Michael Porter Jr put up 16 points and 13 rebounds, Jamal Murray had 14 points and Kentavious Caldwell-Pope added 11 as the top seed from the Western Conference finished off the eighth seed from the Eastern Conference in the best-of-seven series.

Denver advanced to the ABA Finals in 1976, joined the NBA the following season then lost in the Western Conference finals four times before making the title series this season.

“All the hard work, all the sacrifice, all the dedication all culminated in winning the championship,” Malone said. “We have news for everybody out there: We're not satisfied with one. We want more. We want more.”

  • Denver Nuggets owner Josh Kroenke, centre right, hugs head coach Michael Malone after the team won the NBA Championship with a victory over the Miami Heat in Game 5 of the NBA Finals on Monday, June 12, 2023, in Denver. AP
    Denver Nuggets owner Josh Kroenke, centre right, hugs head coach Michael Malone after the team won the NBA Championship with a victory over the Miami Heat in Game 5 of the NBA Finals on Monday, June 12, 2023, in Denver. AP
  • Denver Nuggets centre Nikola Jokic and his daughter point to the Bill Russell NBA Finals MVP Award trophy after winning the 2023 NBA Finals against the Miami Heat at Ball Arena. USA Today
    Denver Nuggets centre Nikola Jokic and his daughter point to the Bill Russell NBA Finals MVP Award trophy after winning the 2023 NBA Finals against the Miami Heat at Ball Arena. USA Today
  • Denver Nuggets guard Jamal Murray celebrates after winning the 2023 NBA Finals against the Miami Heat. USA Today
    Denver Nuggets guard Jamal Murray celebrates after winning the 2023 NBA Finals against the Miami Heat. USA Today
  • Denver Nuggets guard Jamal Murray celebrates after winning the 2023 NBA Finals. USA Today
    Denver Nuggets guard Jamal Murray celebrates after winning the 2023 NBA Finals. USA Today
  • Nikola Jokic with his daughter Ognjena after Denver Nuggets win the NBA Championship. Getty
    Nikola Jokic with his daughter Ognjena after Denver Nuggets win the NBA Championship. Getty
  • The Denver Nuggets celebrate after winning the NBA Championship at Ball Arena. AFP
    The Denver Nuggets celebrate after winning the NBA Championship at Ball Arena. AFP
  • Bruce Brown of the Denver Nuggets celebrates after the 94-89 victory against the Miami Heat in Game Five of the 2023 NBA Finals. AFP
    Bruce Brown of the Denver Nuggets celebrates after the 94-89 victory against the Miami Heat in Game Five of the 2023 NBA Finals. AFP
  • Denver Nuggets guard Kentavious Caldwell-Pope celebrates after winning 2023 NBA Championship. USA Today
    Denver Nuggets guard Kentavious Caldwell-Pope celebrates after winning 2023 NBA Championship. USA Today
  • Denver Nuggets forward Michael Porter Jr battles for the ball against Miami Heat forward Kevin Love. USA Today
    Denver Nuggets forward Michael Porter Jr battles for the ball against Miami Heat forward Kevin Love. USA Today
  • Miami Heat forward Jimmy Butler reaches for the ball against the Denver Nuggets. USA Today
    Miami Heat forward Jimmy Butler reaches for the ball against the Denver Nuggets. USA Today
  • Denver Nuggets centre Nikola Jokic and Miami Heat centre Bam Adebayo compete for a rebound. AP
    Denver Nuggets centre Nikola Jokic and Miami Heat centre Bam Adebayo compete for a rebound. AP
  • Nikola Jokic drives to the basket against Caleb Martin of the Miami Heat. AFP
    Nikola Jokic drives to the basket against Caleb Martin of the Miami Heat. AFP
  • Jimmy Butler dribbles against Jamal Murray during the fourth quarter of Game Five of the 2023 NBA Finals. AFP
    Jimmy Butler dribbles against Jamal Murray during the fourth quarter of Game Five of the 2023 NBA Finals. AFP
  • Jimmy Butler and Denver Nuggets guard Christian Braun, left, compete for possession of the ball. AP
    Jimmy Butler and Denver Nuggets guard Christian Braun, left, compete for possession of the ball. AP

Jimmy Butler rallied late to score 21 points for Miami, while Bam Adebayo contributed 20 points and 12 rebounds and Max Strus and Kyle Lowry each had 12 points. The Heat knocked off the top-seeded Milwaukee Bucks and the second-seeded Boston Celtics on their way to representing the Eastern Conference in the Finals.

Miami became just the second eighth seed to reach an NBA Finals, joining the 1999 New York Knicks, who lost the title series to the San Antonio Spurs.

“It's true in sport and also in life that you don't always get what you want, but there is no regret from our side,” Heat coach Erik Spoelstra said. “Everybody, staff and player alike, put themselves out there and put themselves into the team, whatever was best for the team. The tough pill to swallow is that it just wasn't good enough. … (The Nuggets) are one hell of a basketball team.”

Perhaps struggling with the magnitude of the moment, the Nuggets shot just 1 of 15 from 3-point range in the first half and 3 of 8 from the free-throw line. However, they trailed just 51-44 at halftime before leading by as many as three points in the third quarter. Denver entered the fourth quarter trailing 71-70.

A jump hook by Jokic early in the final period gave the Nuggets a 72-71 lead with 11:39 to play before both teams ramped up their defensive intensity. After neither side scored for a 2:35 stretch, Jamal Murray's 14-foot pull-up jumper gave Denver an 81-76 advantage with 6:43 left.

A Jokic runner put the Nuggets up 83-76 with 4:43 remaining as the Heat opened the fourth quarter 2 of 16 from the field. Butler came to life in the final period, scoring the team's last 13 points, including three free throws that were awarded even though he kicked out his right leg and caught an opponent on a 3-point attempt. However, Miami did not score over the final 1:57.

A Bruce Brown rebound and put-back basket put the Nuggets up 90-89 with 1:31 remaining, and a steal followed by two free throws from Caldwell-Pope with 24.7 seconds left gave Denver a 92-89 lead.

Butler missed a 3-point attempt with 17.1 seconds remaining, and Brown sealed the title with two free throws for a 94-89 advantage with 14.3 seconds left.

“I learned a lot about myself just being out for two postseasons, just grinding and having so many things go through my head,” said Murray, who missed the playoffs in 2021 and 2022 as well as the entire 2021-22 regular season due to a knee injury. “Just to see us healthy and knowing what we can do, we had the belief from the get-go.”

The bio

Favourite book: The Alchemist by Paulo Coelho

Favourite travel destination: Maldives and south of France

Favourite pastime: Family and friends, meditation, discovering new cuisines

Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.

Favourite Author: My father for sure

Favourite Artist: Damien Hurst

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

You may remember …

Robbie Keane (Atletico de Kolkata) The Irish striker is, along with his former Spurs teammate Dimitar Berbatov, the headline figure in this season’s ISL, having joined defending champions ATK. His grand entrance after arrival from Major League Soccer in the US will be delayed by three games, though, due to a knee injury.

Dimitar Berbatov (Kerala Blasters) Word has it that Rene Meulensteen, the Kerala manager, plans to deploy his Bulgarian star in central midfield. The idea of Berbatov as an all-action, box-to-box midfielder, might jar with Spurs and Manchester United supporters, who more likely recall an always-languid, often-lazy striker.

Wes Brown (Kerala Blasters) Revived his playing career last season to help out at Blackburn Rovers, where he was also a coach. Since then, the 23-cap England centre back, who is now 38, has been reunited with the former Manchester United assistant coach Meulensteen, after signing for Kerala.

Andre Bikey (Jamshedpur) The Cameroonian defender is onto the 17th club of a career has taken him to Spain, Portugal, Russia, the UK, Greece, and now India. He is still only 32, so there is plenty of time to add to that tally, too. Scored goals against Liverpool and Chelsea during his time with Reading in England.

Emiliano Alfaro (Pune City) The Uruguayan striker has played for Liverpool – the Montevideo one, rather than the better-known side in England – and Lazio in Italy. He was prolific for a season at Al Wasl in the Arabian Gulf League in 2012/13. He returned for one season with Fujairah, whom he left to join Pune.

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
TCL INFO

Teams:
Punjabi Legends 
Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

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COMPANY%20PROFILE
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Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

US tops drug cost charts

The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.

Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.

In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.

Some of the costliest drugs worldwide include Lipitor for high cholesterol. 

The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.

High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets

W.
Wael Kfoury
(Rotana)

THE BIO

Mr Al Qassimi is 37 and lives in Dubai
He is a keen drummer and loves gardening
His favourite way to unwind is spending time with his two children and cooking

Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

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HEADLINE HERE
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Manikarnika: The Queen of Jhansi

Director: Kangana Ranaut, Krish Jagarlamudi

Producer: Zee Studios, Kamal Jain

Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni

Rating: 2.5/5

if you go

The flights

Emirates fly direct from Dubai to Houston, Texas, where United have direct flights to Managua. Alternatively, from October, Iberia will offer connections from Madrid, which can be reached by both Etihad from Abu Dhabi and Emirates from Dubai.

The trip

Geodyssey’s (Geodyssey.co.uk) 15-night Nicaragua Odyssey visits the colonial cities of Leon and Granada, lively country villages, the lake island of Ometepe and a stunning array of landscapes, with wildlife, history, creative crafts and more. From Dh18,500 per person, based on two sharing, including transfers and tours but excluding international flights. For more information, visit visitnicaragua.us.

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Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Updated: June 13, 2023, 6:15 AM