Mike Malone will stay on the helm of the Denver Nuggets for a number of extra years after reaching an settlement with the franchise to increase his contract.
Whereas particulars of the deal aren’t but recognized, Adrian Wojnarowski says he’ll turn into one of many highest-paid coaches within the league.
The settlement between the coach and the staff comes on the heels of the primary title in Nuggets historical past gained by Malone and his employees this previous June.
It is a technique to proceed to offer stability to the NBA’s finest staff after the re-signings of Nikola Jokic and Michael Porter and with a lot of the necessary gamers in profitable the title nonetheless below contract for a number of years.
Why have the Denver Nuggets prolonged Malone’s contract?
Malone joined Denver as head coach within the 2015-16 season and has made the playoffs with the staff each single 12 months since 2019.
Final 12 months their 16-4 document was the very best postseason document since Golden State Warriors in 2017.
The present Nuggets coach has the fourth longest tenure along with his staff amongst coaches within the league, trailing solely Gregg Popovich (San Antonio), Erik Spoelstra (Miami) and Steve Kerr (Golden State). He sports activities a 375-272 document that turns right into a 37-31 document within the Playoffs.
Below his orders, the Nuggets boast the second-best profitable document within the league because the 2018-19 season behind solely the Milwaukee Bucks.
Malone is the third coach with probably the most video games (647) and wins (375) in Nuggets historical past following within the wake of legends Doug Moe and George Karl.
Malone‘s contract is anticipated to achieve the extent of these signed by Monty Williams and Gregg Popovich.
Williams renewed with the Detroit Pistons this summer season for 78.5 million over six years, which was the all-time excessive for a coach, prompting a good higher deal by Popovich with the Spurs for a five-year, 80-million-dollar extension.