New capturing guard Kentavious Caldwell-Pope signed a two-year $30 million extension with the Nuggets on Wednesday, a number of sources confirmed to The Denver Post.
The deal features a participant choice for the second 12 months, sources mentioned.
Caldwell-Pope had one 12 months remaining on his present contract price $14 million.
The extension might carry Caldwell-Pope via the 2024-25 season in Denver.
The Nuggets traded for Caldwell-Pope, 29, two weeks in the past, sending starters Monte Morris and Will Barton to Washington in change for the two-way capturing guard and reserve guard Ish Smith.
The Post reported on the time of the commerce that there was curiosity in reaching an extension with Caldwell-Pope on condition that they considered him as a key defensive piece to bolster the roster.
The Nuggets had curiosity in buying Caldwell-Pope courting again, at least, to this 12 months’s commerce deadline.
Earlier this week, Caldwell-Pope mentioned he was stunned that the commerce occurred however admitted he was thrilled he landed with a contender.
“I’m excited just to be able to compete again and compete for a championship,” he mentioned.