The Nuggets and point guard Jamal Murray are making progress toward a four-year, $208.45MM maximum contract extension this offseason, Shams Charania of The Athletic reports (Twitter link). The Nuggets will present the offer to Murray and both sides expect an agreement.
Murray is entering the final season of a five-year, $182.8MM contract. He’s due to make $36MM in 2024/25
Under the terms of the extension, Murray would make approximately $46.53MM in 2025/26, $50.25MM in 2026/27, $53.97MM in 2027/28 and $57.7MM in 2028/29, according to cap expert Yossi Gozlan. He could’ve added a fifth year worth $61.4MM if he re-signed as a free agent in 2025, according to Gozlan, but Murray has apparently chosen to lock into the long-term security now (Twitter link).
These salary estimates are based on a $141MM cap in 2024/25, then a 10% increase in 2025/26.
Murray won a championship with the Nuggets in 2023 and is generally considered the best active player never to be selected as an All-Star. During the title run, Murray averaged 26.1 points, 5.7 rebounds and 7.1 assists in 20 games.
Injuries limited him to 59 regular-season games this past season, when he averaged 21.2 points, 4.1 rebounds and a career-best 6.5 assists. In Denver’s 12 postseason games, he averaged 20.6 points, 4.3 rebounds and 5.6 assists.
He’s a career 45.2% shooter, including 38% from beyond the 3-point line. A 2016 lottery pick, Murray is still just 27 years old.
No hometown discount for him. I guess he got his ring and doesn’t care.
Since when do the Nuggets play in Kitchener, Ontario? Just because he got paid what he’s due he somehow doesn’t care?
For some reason I thought Murray was older. Hope his body holds up for this contract.
They better sign KCP now.