Jan 25, 2012, 1:05 PM EDT
UPDATE 1:05 pm: And just like that it is official — multiple sources are now saying the deal is official at four years, $42 million.
This is a good deal, both for Danilo Gallinari and the Nuggets. Gallo is not a max-deal guy, but he is a borderline All-Star and the kind of player at the heart of what Denver is building. About $10 million per year seems a fair price.
The contract would be for four years, around $40 million total, the source told The Denver Post, locking in the player they call Gallo as he ascends for the powder blue — coach George Karl has previously said he thinks the Italian small forward can be an all-star someday.
The deadline for any extension to his rookie contract is Wednesday midnight (Eastern) or Gallinari would become a restricted free agent at the end of the season.
This seems like a good deal for both sides.
Gallinari gets an average of $10 million a year, the Nuggets lock up their leading scorer (17.4 points per game, boosted by that 39 he dropped on his old team the Knicks in Madison Square Garden), a guy who can play inside or out, is an efficient scorer and passes the ball well. Gallo is at the heart of the team-style of play the Nuggets are winning with right now and they should work out a deal to keep him.
- Cavaliers sold Kyrie Irving on contract extension with LeBron James-Kevin Love plan 29
- Kevin Love says Timberwolves owner should focus on his own team following trade to Cavaliers 31
- Iman Shumpert excited to play in triangle offense because he won’t just have to stand in the corner 6
- Timberwolves owner: Kevin Love might regret trade because he’ll be third banana with Cavaliers 48
- Anthony Davis and Kenneth Faried lead Team USA in final World Cup tune-up 20
- Thunder trade Hasheem Thabeet to 76ers 37
- From late-arriving to a LeBron James favorite, Kevin Love comes full circle 17
- Clippers trade Jared Dudley and first rounder to Bucks for Carlos Delfino and Miroslav Raduljica 23