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Nuggets, Aaron Gordon agree to four-year, $92M contract extension

Nuggets forward Aaron Gordon

DENVER, COLORADO - JUNE 01: Aaron Gordon #50 of the Denver Nuggets dunks against Damian Lillard #0 of the Portland Trail Blazers in the second quarter during Game Five of their Western Conference first-round playoff series at Ball Arena on June 1, 2021 in Denver, Colorado. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Matthew Stockman/Getty Images)

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Aaron Gordon and the Nuggets reportedly shared optimism on a contract extension.

As has been the case since Denver traded for Gordon last season, optimism yielded positive results.

The Nuggets rolled with Gordon while they were healthy in the regular season, upset the Trail Blazers in the playoffs with Gordon despite Jamal Murray’s injury and now have reached a deal with Gordon on an extension.

Shams Charania of The Athletic:

Gordon’s largest-possible extension:

pbt aaron gordon extension

Gordon’s current contract contained $1 million each year in incentives ($500,000 for All-Star, $250,000 for All-NBA, $250,000 for All-Defense), according to Spotrac. The extension must contain the same triggers – which Gordon has never met – but can call for escalating payouts.

The best guess: Gordon will still have a flat $1 million in bonuses for each season of the four-year extension. In addition to his highest-possible base salary ($88,215,273), that’d give Gordon the reported $92 million.

Either way, this is a bargain for the Nuggets. Gordon is good, only 25 and fits well. Denver just needs Murray to get healthy.

Gordon secures major money and can still hit unrestricted free agency in 2025 at age 29. This wasn’t his highest-upside play financially. He probably would have fared better in 2022 unrestricted free agency. But there’s value in security.