Jamal Murray reportedly negotiating four-year extension with Denver Nuggets worth up to $209 million

DENVER, CO - MAY 14: Jamal Murray (27) of the Denver Nuggets works against Anthony Edwards (5) of the Minnesota Timberwolves during the second quarter at Ball Arena in Denver on Tuesday, May 14, 2024. (Photo by AAron Ontiveroz/The Denver Post)

Jamal Murray and the Denver Nuggets are working towards an extension that would keep the point guard in Denver for the near future. Murray and the Nuggets are negotiating a four-year contract extension worth up to $209 million, per The Athletic’s Shams Charania.

Per Charania, the negotiations will take place this offseason with Nuggets presenting the deal to Murray. Both sides are expected to agree to the terms.

Drafted by Denver seventh overall in 2016, Murray has been a key player for the Nuggets for the past several seasons, and has been a cemented starter since 2019. He signed a five-year, $170 million extension with Denver in 2019.

This season, Murray averaged a career-high 21.2 points per game, the second-highest on the team behind reigning NBA MVP Nikola Jokić, and chipped in an average of 4.1 rebounds and 6.5 assists.

Murray missed the 2021-2022 season while recovering from an ACL tear. Upon returning to play in the 2022-2023 season, the Canadian guard helped lead the team to an NBA championship in 2023. Murray came in clutch for several games in the Nuggets’ 4-1 series victory over the Miami Heat in the Finals, including a 30-point triple-double in Game 3.