Denver's Nikola Jokić was unanimously voted the NBA Finals Most Valuable Player (MVP),[2][3][4] after averaging 30.2 points, 14.0 rebounds, 7.2 assists, and 1.4 blocks while shooting 58.3% from the field and 42.1% from the 3-point line.

In game 4, the Heat trailed by 12 with under six minutes remaining, but they went on a pivotal 30–13 run down the stretch, with Jimmy Butler scoring a career-high 56 points in a 119–114 victory to put the Bucks on the brink of elimination.

[7] Outside of Butler and Bam Adebayo, the Heat got a majority of their playoff production from undrafted players such as Martin, Gabe Vincent, Duncan Robinson, and Max Strus, as well as veterans Kyle Lowry, Cody Zeller, and Kevin Love, the latter of whom Miami acquired in February 2023 after he was bought out by the Cleveland Cavaliers.

During the offseason, they traded for starting guard Kentavious Caldwell-Pope and rotation player Ish Smith from the Washington Wizards in exchange for Monté Morris and Will Barton.

[27] With a healthy roster, the Nuggets finished the season with a 53–29 record and clinched the top seed in the Western Conference for the first time in franchise history.

Denver reached their second conference finals in four years, where they faced the seventh-seeded Los Angeles Lakers, who previously defeated them in their first seven postseason matchups.

Jokić was awarded Western Conference Finals MVP, as he surpassed Wilt Chamberlain for the most triple-doubles in a single postseason.

[32][33] Nikola Jokić had a triple-double and Jamal Murray contributed 26 points and 10 assists to lead Denver to a 104–93 win in their inaugural NBA Finals appearance.

Michael Porter Jr. recorded his seventh double-double of the playoffs, while Aaron Gordon set the tone by scoring 12 of his 16 points in the opening quarter.

[34] Through the first three quarters, Miami guarded him with Adebayo, Cody Zeller, and a zone defense, forcing Jokić to become a passer.

[34] Nuggets coach Michael Malone countered by having Jokić post up closer to the basket, and he scored 12 points in the final period.

[34] Jokić had 27 points on 67% shooting to go along with 14 assists and 10 rebounds, joining Jason Kidd of the then-New Jersey Nets as the only NBA players with a triple-double in their finals debuts.

[35] Jokić and Murray also became the second pair of teammates to each put up at least 25 points and 10 assists in a finals game since Magic Johnson and James Worthy in 1987.

Jokić scored a game-high 41 points but recorded a playoff-low four assists as the Nuggets lost their first home game since March 30.

[38] With Martin dealing with an illness, Miami elected to insert Kevin Love, who did not play in Game 1, into the starting lineup.

[38] Miami opened the first 2:43 of the fourth quarter with a 15–2 scoring run, highlighted by Duncan Robinson going 4 for 4 from the field to give the Heat their first lead of the second half.

[39] Jokić and Murray became the first pair of teammates in NBA history to each record a 30-point triple-double in the same game as the Nuggets won 109–94, reclaiming the series lead.

[40] Udonis Haslem, aged 42 years and 363 days, became the oldest player to play in the NBA Finals; he came off the bench with 29.8 seconds left in the game.

[44] Bruce Brown came off the bench and scored 11 of his 21 points in the fourth quarter, thwarting any attempt by the Heat to overcome their eighth double-digit deficit of the playoffs.

[44] After neither team could claim a double-digit lead in the first half for the second consecutive game, the Nuggets led by 13 going into the fourth quarter.

[50] In a closely contested Game 5, Jokić propelled the Nuggets to their first NBA championship in franchise history with a hard-fought 94–89 victory over the Heat.

[51] Prior to the game, Miami announced that Tyler Herro was listed as active for the first time since he broke his hand in the first round against the Milwaukee Bucks.

[52] Miami's shooting woes ultimately proved costly, as they shot an inadequate 26% from three-point range and 34% from the field, their lowest percentage of the season.

[60] Same as before, the series was called by Mike Breen on play-by-play with Mark Jackson and Jeff Van Gundy as analysts, and Lisa Salters as the sideline reporter.

[a] Van Gundy also set the record for calling his 17th NBA Finals as an analyst, however he was one of several personnel laid off by ESPN on June 30, 2023.

[69] During the celebrations in downtown Denver immediately following the Nuggets championship win, there were two shootings that resulted in at least eleven people being shot, including one suspect.

[71] The celebrations in downtown Denver had been described as "raucous", with fireworks detonating and men climbing streetlights near Coors Field and many fans cheering in McGregor Square.

[72] During the parade on June 15, a Denver police officer was struck in the lower leg by a fire truck which was transporting multiple Nuggets players, including Nikola Jokić and Jamal Murray.