The Denver Nuggets found themselves in quite the intriguing position heading into this summer. Having ascended to the top of the Western Conference and earning the No. 2 seed heading into the playoffs, the Nuggets also had the potential to create a maximum salary cap slot.

But the caveat in creating space would be declining the team option on forward Paul Millsap, one of the most important two-way players on the roster.

Despite having the option to chase another star in free agency, team president Josh Kroenke repeatedly stated the team's desire to bring Millsap back into the fold. On Saturday, it was confirmed that Millsap will return to the Nuggets for the 2019-20 season.

ESPN NBA Insider Adrian Wojnarowski reports that the Nuggets have officially picked up Millsap's option:

Although he has seen a pretty steady dropoff in his scoring numbers since his days with the Atlanta Hawks, Millsap continues to be one of the most effective and versatile power forwards in the game.

The 13-year veteran averaged 12.6 points, 7.2 rebounds and 1.2 steals for the Nuggets this past season while also shooting a career-high 36.5 percent from beyond the arc.

Prior to the start of the regular season, Denver was slated as one of the weakest defensive teams in the league. But Millsap's versatility and quickness provided a crucial frontcourt presence alongside star center Nikola Jokic.

In picking up Millsap's option, the Nuggets will essentially keep the same roster as the one they had this past season. But with the growth of young players like Jamal Murray, Malik Beasley and Monte Morris as well as the impending return of 2018 first-round pick Michael Porter Jr., they have the talent to compete.

And, as Wojnarowski reports, they will retain their mid-level exception:

Denver could turn more heads next season.