The Denver Nuggets have come to terms with point guard Jamal Murray on a new 4 year, $208M max contract extension on Saturday the club announced.
Murray, who was set to hit free agency next summer, will now be under contract in Denver for the next 5 seasons, with his new deal set to kick in for the 2025-26 NBA campaign.
Murray’s contract breakdown will be as follows: he will earn $36M this coming season, $46.4M in 2025-26, $50.1M in 2026-27, $53.8M in 2027-28 and $57.5M in the final year of the deal. The 27 year old will be under team control through his age 32 season, keeping one of the league’s most effective pick and roll duos intact alongside Nikola Jokic.
Already the franchise leader in made 3 pointers, the Canadian guard averaged 21.2pts/4.1reb/6.5ast per game in 2023-24. Limited to just 59 games due to injury, Murray shot a career best 42.5% from beyond the arc last year to help Denver secure the 2nd seed in the Western Conference.
Murray also made his Olympic debut with Team Canada in Paris this past summer, adding to an already impressive basketball resume which includes being 1 of only 8 players with multiple 50 point playoff games in NBA history.
Murray’s agents Jeff Schwartz and Mike George negotiated the extension on Murray’s behalf.
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