Ty Lawson signs four-year extension with the Nuggets

 Lawson will be a Nugget for the next four years. (Getty Images)

Four more years -- for Ty Lawson in Denver.

Lawson has signed a four-year extension to remain with the Nuggets just a day before the Oct. 31 deadline, preventing him from going to restricted free agency, reports -- Ty Lawson.

According to Yahoo! Sports, Lawson's extenson is four years and $48 million.

The 24-year-old has quietly risen to be one of the better point guards in the league, blossoming in Denver's unique system as a terrific scorer and distributor. He definitely fits into the Nuggets' long-term construction plan.

The number is fairly perfect for Lawson, too. He's a quality starting point guard and if the Nuggets had waited, he could've exploded and found himself as a max player next summer. At the same time, Lawson had to like the offer because sometimes in a contract year like this the pressure and distraction can hurt production.

That puts Lawson making roughly $12 million per year spread out over the life of the contract. Comparitively, against other top point guards in the league, it's a solid deal.

Chris Paul ($17.7 million per year) and Deron Williams ($17.1 million) are the highest-paid point guards in the league. After that, there's Derrick Rose ($16.4 million), Russell Westbrook ($13.6 million), Tony Parker ($12.5 million) and Rajon Rondo ($11 million).

Mike Conley signed a four-year, $45 million deal last season and up against that, it seems that Denver got great market value for Lawson.

Lawson averaged career-high numbers across the board last season for the Nuggets, putting up 16.4 points, 6.6 assists and 3.7 rebounds per game in 61 appearances.

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