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Sources: Malik Beasley, Nuggets Discussing Extension

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The Denver Nuggets are in talks with backup shooting guard Malik Beasley and his representatives about a contract extension with the Oct. 21 early extension deadline looming, according to a league source.

The Nuggets have less than two weeks to reach an extension with the fourth-year shooting guard or risk losing him in restricted free agency next summer. The same goes for Juancho Hernangomez, who is also in the Nuggets’ long-term plans.

Beasley turned down a 3-year, $30 million deal, according to a report from ESPN. A source confirmed an offer was made in that range.

Source: Mike Singer of the Denver Post

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Sources: Magic ‘expressed interest’ in DeMar DeRozan

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Multiple league sources say the [Orlando] Magic are scouring the trade market for scoring help and have already expressed interest in trading for [DeMar] DeRozan.

Source: Kevin O’Connor of The Ringer

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Sources: Iman Shumpert, Nets Agree to Deal

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Free agent guard Iman Shumpert is signing with the Brooklyn Nets, league sources tell ESPN. Nets have a 16th roster spot until Wilson Chandler suspension ends in mid-December

Source: Adrian Wojnarowski on Twitter

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Sources: Caris LeVert to Miss Several Weeks with Ligament Damage in Thumb

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Sources tell NBA Insider @ShamsCharania that Nets guard Caris LeVert will miss several weeks with feared ligament damage in thumb.

Source: Shams Charania via Stadium on Twitter

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