Head coach Michael Malone has agreed a new multi-year contract extension with the Denver Nuggets.

Malone's existing deal at the Ball Arena was due to expire at the conclusion of the 2022-23 season.

However, the Nuggets have announced the 50-year-old has put pen to paper on fresh terms – although they are yet to be released.

Nuggets owner Stan Kroenke said in a statement: "This extension is well deserved for Coach Malone and one we are very excited to announce.

"You can easily point to the on-court success that Michael has brought and the improvements the team has made each year under his watch, and you can also point to the selfless, hard-working culture that has developed and grown during his tenure."

Malone has guided the Nuggets to the play-offs on three occasions since taking over in June 2015, including the Conference finals in 2019-20.

The former Sacremento Kings coach has steered them to sixth in the Western Conference this term with a 43-30 record.

Malone has registered 309 career victories with the Nuggets – a tally only bettered by Doug Moe and George Karl.