FRIDAY, 10:40am: The signing is official, the Nuggets announced via press release. The team also acknowledged it on Twitter. It will pay $61,776 this season.
THURSDAY, 3:21pm: The Nuggets have reached agreement with Axel Toupane on a two-year deal, reports Shams Charania of The Vertical (via Twitter). Next season’s salary is non-guaranteed, Charania adds. Denver only has the prorated minimum salary to give, so the rookie will see no more than $64,864 this season, with the precise value dependent on when he formally signs the contract. The non-guaranteed pay for next season is $874,636.
The shooting guard’s second 10-day pact expired overnight, so Denver had to make a decision about whether to sign him or let him walk. The Nuggets have a roster count of 15 players, the league maximum for the regular season, so inking Toupane will limit Denver’s roster flexibility the rest of the campaign. The team is dealing with a number of injuries, with Wilson Chandler lost for the season, Danilo Gallinari on the shelf until April with ankle woes and Kenneth Faried struggling with back issues.
Toupane has appeared in 11 games for the Nuggets and is averaging 3.0 points, 1.3 rebounds and 0.7 assists in 13.8 minutes per outing. His shooting line is .263/.292/.857.