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Source: Nuggets, Faried Agree to $60M Extension

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Updated 12 months ago on
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Denver Nuggets forward Kenneth Faried has reached agreement on a five-year, $60 million contract extension, league sources told Yahoo Sports.

The deal includes a partial guarantee in the fifth year that assures Faried he will make no less than $52 million over the life of the contract, sources said.

Denver general manager Tim Connelly and Faried’s agent, Thad Foucher of Wasserman Media Group, started to seriously exchange proposals in the past week and ultimately came to terms on a deal Sunday night, sources told Yahoo Sports.

via Adrian Wojnarowski of Yahoo! Sports

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