JULY 9: The Nuggets have officially re-signed Reed, per NBA.com’s transactions log.
Reed appeared in 48 regular season games with Denver last season, including five starts. He averaged 4.4 PPG in 13.9 MPG.
He was on a two-way contract and received a qualifying offer this week, making him a restricted free agent. The terms of his new contract aren’t yet known.
Reed couldn’t play in the postseason because of the two-way deal. However, he earned high praise from coach Michael Malone.
“Every time Davon Reed has gotten a chance to play this year, he’s found a way to help this team,” Malone said late in the regular season.
The 6’5” guard has made 39.1% of his 3-pointers in his 79-game NBA career.