The Denver Nuggets have agreed to a multi-year contract extension with coach Michael Malone.
The terms of the expansion announced on Wednesday were not released by the team. Malone was under contract during the 2022–23 season.
In seven years at Denver, Malone has won 309 regular season games, the third overall in franchise history behind only Doug Moe and George Carl. His 20 postseason wins are the fourth time in the team's history, and just four away from matching Moe.
Malone guided the Nuggets to the Western Conference Finals in 2020 before losing to the Los Angeles Lakers. In that playoff race, the team went down 3–1 in two separate series.
Despite the absence of point guard Jamal Murray (knee) and sharpshooter Michael Porter Jr. (back), this season, Denver is making its fourth consecutive appearance after the season.
The Nuggets rely heavily on reigning NBA MVP Nikola Jokic, as well as a strong supporting cast that includes Aaron Gordon, Will Barton, Monte Morris, and Jeff Greene.
"This expansion is well-deserved for Coach Malone and we are very excited to announce it," Nuggets Governor E. Stanley Kroenke said in a statement. “You can easily point to the on-court success that Michael has brought and the improvements the team has made each year under his supervision, and you can also point to the selfless, hard-working culture that drives them. Has grown and developed during the tenure.
"We look forward to continuing to have Coach Malone on the sidelines as we all work toward our goal of bringing the NBA Championship to the city of Denver."
Malone's total with the Nuggets is 309-237.
Before arriving in Denver, he was head coach for two seasons with Sacramento. He went 39-67 with the Kings.