Report: Nuggets' Murray nearing max deal; KCP opting out

Jamal Murray and the Denver Nuggets are working on a four-year, $209-million maximum contract extension, sources told The Athletic's Shams Charania.

Nuggets guard Kentavious Caldwell-Pope is also declining his $15.4-million player option for the 2024-25 season to become a free agent, sources told Charania and Tony Jones.

Both players had key roles when the Nuggets won their first championship in 2023.

This past season, Murray averaged 21.2 points, 6.5 assists, 4.1 rebounds, and a steal in 59 games. Caldwell-Pope averaged 10.1 points, 2.4 rebounds, 2.4 assists, and 1.3 steals in 76 games. He shot 40.6% from deep, making 1.6 per game.

Denver was eliminated in the second round this past season by the Minnesota Timberwolves. The Nuggets acquired former Dayton center DaRon Holmes II in the first round of the draft Wednesday night.