Jamal Murray and the Denver Nuggets have agreed to a max contract extension valued at $208 million over four years, his agent told ESPN’s Adrian Wojnarowski.
The extension guarantees Murray will receive $244 million over the next five seasons and locks up the talented point guard through the 2028-29 season.
After missing the 2021-22 season with a torn ACL, Murray has been Denver’s second-leading scorer the past two years, averaging 20 and 21.2 points in 2023 and 2024, respectively.
Although Murray has never made an All-Star squad, the former lottery pick has formed a lethal pick-and-roll partnership with three-time MVP Nikola Jokic, as the pair captured the 2023 NBA title together. Murray is one of only eight players with multiple 50-point playoff games in NBA history.
The past six months haven’t been ideal for the native of Kitchener, Canada. Murray struggled to find his postseason shooting touch in the 2024 NBA Playoffs, averaging 20.6 points but shooting just 40.2% from the field and 31.5% from three in Denver’s 12 postseason contests. Murray then traveled to Paris to play in the 2024 Olympics. His poor shooting continued in Europe as he averaged just six points and 3.8 assists while shooting 29% from the field and 14.3% from deep. Canada was upset by hosts France in the quarterfinals.
Murray will need to continue to play a prominent ball-handling role for the Nuggets this upcoming season. Backup point guard Reggie Jackson left the team to join the Philadelphia 76ers, while Denver’s starting shooting guard over the past two seasons, Kentavious Caldwell-Pope, signed a $66-million deal with the Orlando Magic.
The Nuggets open their season against the Oklahoma City Thunder on Oct. 24.
