Denver Nuggets forward Aaron Gordon has agreed to a four-year, $92 million extension, according to Shams Charania of The Athletic and Stadium. The deal includes a player option on the final season in 2025-26.

Gordon is set to play the 2021-22 season on a $16.4 million deal. Instead of hitting free agency next summer, he's opting to commit to Denver.

The Nuggets acquired Gordon from the Orlando Magic right before this last trade deadline. Denver looked like a possible title contender after trading for Gordon, only for Jamal Murray's ACL tear to doom their chances. The Nikola Jokic-led squad was still able to beat the Portland Trail Blazers in the first round of the playoffs, but they were swept by the Phoenix Suns in Round 2.

Gordon naturally took a step back in his role while playing for Denver. In 25 regular-season games with the Nuggets, the 25-year-old averaged 10.2 points, 4.7 rebounds and 2.2 assists in 25.9 minutes per game. He shot 50.0% from the field and 26.6% from 3-point range.

In 1o playoff games, Gordon averaged 11.1 points, 5.4 rebounds and 2.0 assists in 29.9 minutes per game. He shot just 43.4% overall in the postseason, though he did hit 39.1% of his triples.

The Nuggets seem ready to pay up for a contending roster. Jokic and Murray are both on max contracts, and now Gordon is getting a deal worth $23 million a year. Youngster Michael Porter Jr. is also in line for a hefty extension this offseason.