Aaron Gordon has closed 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 the option to take his $23 million salary for 2025-26, then three additional years at his maximum salary plus bonuses. Total of 133 million dollars. A key member of Denver’s 2023 championship team is now locked in for the 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, whom he helped win their first championship in 2023. The 29-year-old was first selected by the Orlando Magic with the fourth overall pick. in 2014. He spent his first six seasons in the league there before being traded to Denver in 2021.
Gordon had two years remaining on the four-year, $86.6 million contract he first signed with the Nuggets in 2022. As part of his new extension, Gordon opted for the player option on his current deal that will pay him just under $23 million during the 2025-26 campaign. He will then be paid the maximum amount over the remainder of his new contract to reach a total value of $133 million over the next three seasons.
Gordon’s deal was one of several contract extensions made across the league on Monday, which was the deadline for 2021 rookie class to accept contract extensions. Among those who agreed to new deals were Alperen Şengün and his 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 (Hawks).
The Nuggets finished 57-25 last season, but were eliminated from the playoffs in the Western Conference semifinals a year after winning their first NBA title. They will open the season Thursday night against the Oklahoma City Thunder.
This post will be updated with more information soon.