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Reports: Nuggets exercise Paul Millsap's $30M option

The Denver Nuggets are bringing back a key player for next season.

Credit: AP

Denver Nuggets forward Paul Millsap, right, drives s Portland Trail Blazers forward Al-Farouq Aminu defends during the first half of Game 2 of an NBA basketball second-round playoff series Wednesday, May 1, 2019, in Denver. (AP Photo/David Zalubowski)

DENVER — The Denver Nuggets have exercised a $30 million option on forward Paul Millsap's contract for next season, sources tell ESPN.

A four-time All-Star, Millsap has averaged 14.1 points and 7.4 rebounds per game over 13 seasons for Denver, Utah and Atlanta.

League sources also tell ESPN that the Nuggets will extend a qualifying offer to forward Trey Lyles, who is a restricted free agent.

The Nuggets finished with the second-best record in the West and advanced to the Western Conference semifinals this past season.

Denver also agreed on a five-year, $170 million contract extension with point guard Jamal Murray early Monday.

Credit: AP

Denver Nuggets forward Paul Millsap, left, is defended bu Portland Trail Blazers forward Zach Collins during the second half of Game 5 of an NBA basketball second-round playoff series Tuesday, May 7, 2019, in Denver. The Nuggets won 124-98. (AP Photo/David Zalubowski)

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