Aaron Gordon has locked down a new deal with the Denver Nuggets.
Gordon and the Nuggets agreed to a four-year, $133 million contract extension on Monday, according to ESPN’s Shams Charania.
Aaron Gordon’s new deal comes with a $23 million salary option for 2025-26, then three more years at his maximum salary plus bonuses. A sum of $133M. A key member of Denver’s 2023 championship team is now locked in long term. https://t.co/M7x2coMJJm
— Shams Charania (@ShamsCharania) October 22, 2024
Gordon averaged 13.9 points and 6.5 rebounds per game last season with the Nuggets, who he helped to their first championship in 2023. The 29-year-old was first selected by the Orlando Magic with the overall pick No. 4 in 2014. He spent his first six seasons in the league there before he was traded to Denver in 2021.
Gordon had two years left on his four-year, $86.6 million deal that he originally signed with the Nuggets in 2022. As part of his new extension, Gordon picked up the player option on his current deal, which will pay him just $23 million during the campaign 2025-26. He will then be paid the maximum amount through the remainder of his new agreement to hit the total value of $133 million over the next three seasons.
Gordon’s deal was one of several contract extensions that were made across the league on Monday, which was the deadline for the freshman class of 2021 agree to contract extensions. Among those to agree on new deals include, Alperen Şengün and Rockets teammate Jalen Green, Cade Cunningham (Pistons), Evan Mobley (Cavaliers), Scottie Barnes (Raptors), Jalen Suggs (Magic), Franz Wagner (Magic), Moses Moody (Warriors), Trey Murphy III (Pelicans), Corey Kispert (Wizards) and Jalen Johnson (Falcons).
The Nuggets went 57-25 last season, but were knocked out of the playoffs in the Western Conference semifinals a year after winning their first ever NBA title. They will open the season on Thursday night against the Oklahoma City Thunder.
This post will be updated with more information soon.