Rising point guard Jamal Murray signed a five-year, $170 million maximum contract extension with the Denver Nuggets on Thursday.
According to Bobby Marks of ESPN, the two sides agreed to include Rose Rule language in Murray’s new deal. The Rose Rule is named after Derrick Rose, who won an MVP award in his third year in the league with the Chicago Bulls while playing on a rookie contract.
Murray’s five-year extension could have a value as high as $203.58 million if he makes the All-NBA First Team or wins the MVP award next season. If the Nuggets’ floor general makes an All-NBA Second Team, his deal would be worth a total of $186.62 million, while an All-NBA Third Team selection would increase the total value of Murray’s contract to $176.44 million.
As part of the $169.7M rookie extension, Denver and Jamal Murray added 5th year 30% language: All-NBA First-Team or MVP (30%), All-NBA Second-Team (27.5%) and All-NBA Third-Team (26%). The All-NBA honors would need to be met in 2019-20 for year one (2020-21) to receive a bump.
— Bobby Marks (@BobbyMarks42) July 25, 2019
This past season for the Nuggets, Jamal Murray averaged 18.2 points, 4.2 rebounds and 4.8 assists while shooting 43.7 percent from the field, 36.7 percent from beyond the arc and 84.8 percent from the free-throw line. The 22-year-old recorded four double-doubles.
It’s very doubtful Murray will make an All-NBA First Team or win the MVP award next season. The Nuggets’ best player is Nikola Jokic. He gets the most shots and shine in Denver.
Murray is a key player for the Nuggets, though. For Denver to make a run to the NBA Finals, they’ll need their point guard to play like an All-Star next season.