Denver 'thrilled' for new US$48 mil. Lawson deal
By Jahmal Corner ,Reuters
November 1, 2012, 1:09 am TWN
The Denver Nuggets have re-signed speedy point guard Ty Lawson to a contract extension, the team announced Tuesday.
The new deal is a four-year agreement worth US$48 million, according to local reports, and ensures the Nuggets will hold on to their ever-improving floor leader.
"We are thrilled to have reached an agreement on a contractual extension with Ty," Nuggets president Josh Kroenke told the team's website).
"This new contract is a reflection of his hard work and dedication throughout the past three seasons with our organization.
"Ty is a dynamic player, a wonderful person, and someone we expect to lead us into the future."
Lawson averaged a career-best 16.4 points and 6.6 assists last season, his third in the league and first as a full-time starter.
With him driving the offense, Denver led the NBA in scoring during the regular season and pushed the Los Angeles Lakers to seven games before losing a thrilling first-round playoff series.
Lawson raised his level in the post-season where he averaged 19 points and six assists.