Lawson signed to new deal

[corona]

http://espn.go.com/nba/story/_/id/85736 ... -extension

The Denver Nuggets have reached terms on a contract extension with point guard Ty Lawson.

Lawson tweeted Tuesday that the deal is done after month-long negotiations, announcing to his followers that he'll be a Nugget "for another four years" and thanking Denver management for the extension.

The deal will take effect starting next season and is believed to be in excess of $45 million.

Ty Lawson ‏@TyLawson3

It Looks like im going to be a nugget for another 4 yrs..Thanks to the Kronke family, Masai, nuggets fans and everybody 4 believing In me

Adrian Wojnarowski ‏@WojYahooNBA
Ty Lawson's extension with Denver is four years, $48 million, league source tells Y! Sports.

[Jase]

This is great news for the Nuggets organization. It avoids a likely distraction and locks up one of the key players to a young and exciting team. Glad it got done before the season started.

[Vertical Limit]

Not only that but it's not a max deal, you would have likely have to match a max offer sheet had he been a restricted free agent.

[The Rebel]

$12 million a year seems a little high for him if he does not take the next step this year, but I am still glad they got it done.

[Powder Blue]

I agree with the Rebel...If Ty doesn't take the next step then the Nuggets are back in cap hell.

Quick math tells me that puts the Nuggets @ about $70 mil committed to 11 players next year. Brewer being the only rotational that will expire this year.

Iggy has a 16 million dollar player option. I don't see him leaving that on the table unless his play this year leads him to think he can A. Get an extension from Denver or B. Get a high long-term deal from someone else.

The Luxury tax will be right around $70 and next year it cost $1.50 for every $1 over up to the first 5 mil. Gets worse after that. No way ownership will go past $70.

[patrol345]

mozgov is expiring this year also.

[Powder Blue]

mozgov is expiring this year also.

No big deal