Kentavious Caldwell-Pope has agreed to a two-year contract extension with the Denver Nuggets, his agent, Klutch Sports CEO Rich Paul, confirmed on Wednesday. The deal, worth $30 million, kicks into effect during the 2023-24 season and includes a player option.
2022-23 would have been Caldwell-Pope’s final season with the Nuggets prior to the contract extension; a season which would see him receive a payout of $14 million. Now, as a result of the extension, the 29-year-old’s career earnings will rise above $120 million.
The guard arrived in Denver two weeks ago as part of a trade that saw Will Barton and Monte Morris sent to the Washington Wizards. Now, he is expected to be a key 3-and-D performer alongside MVP Nikola Jokic, Jamal Murray, and Michael Porter Jr.
Achieving a 41% record at catch-and-shoot 3-pointers over the past two years, Caldwell-Pope is expected to greatly benefit from Jokic’s top passing ability. He has also achieved career averages of 11.6 points, 3.1 rebounds and 1.7 assists per game.
Caldwell-Pope appeared in 77 games for the Wizards last season, averaging 13.2 points, 3.4 rebounds, and 1.9 assists per game.