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Nuggets coach Michael Malone agrees to contract extension with Denver

The Nuggets and ninth-year coach Michael Malone agreed to a multiyear contract extension Monday, The Denver Post has learned.

According to a report from ESPN’s Adrian Wojnarowski, the deal will make Malone “one of the league’s highest paid coaches.” The exact terms of the contract have not been disclosed. However, Malone’s previous deal, signed in March 2022, had at least one remaining year after 2023-24, meaning the new deal will keep him in Denver through at least 2026-27.

Malone, 52, led Denver to the first NBA championship in franchise history in 2022-23, his eighth season at the helm after a prior brief stint in Sacramento.