Nuggets Re-Sign Timofey Mozgov

SATURDAY, 2:02pm: The deal is official, according to the Nuggets website.

FRIDAY, 10:26am: The Nuggets and Timofey Mozgov have reached an agreement on a contract that will pay the restricted free agent $14MM over three years, reports Adrian Wojnarowski of Yahoo! Sports. According to Wojnarowski, the third year will be a team option, which likely means that salary is non-guaranteed.

Mozgov, 27, was sent to Denver by the Knicks in the blockbuster deal that landed Carmelo Anthony to New York. He has yet to log significant minutes in any of his three NBA seasons, and was behind Kosta Koufos and JaVale McGee at center for the Nuggets in 2012/13. However, with Koufos having been traded to Memphis, the door is open for Mozgov to earn more playing time going forward.

The Nuggets had long been expected to re-sign Mozgov, having begun negotiations with him on a multiyear deal shortly after the free agent period got underway. According to Wojnarowski, a few sign-and-trade scenarios were discussed, but both sides were ultimately committed to working out a new agreement that kept Mozgov in Denver. The seven-footer also reportedly drew interest from the Kings and Spurs.

When I examined Mozgov's free agent stock earlier in the year, I predicted that the Russian big man might be in line for a contract similar to Robin Lopez's three-year, $15MM+ deal. Mozgov is represented by ASM Sports, as our agency database shows.

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