Denver Nuggets forward Danilo Gallinari is finalizing an agreement on a two-year extension worth an additional $34 million on his contract, league sources told Yahoo Sports. The deal is a restructuring that includes a $2.5 million increase on the $11.5 million owed to Gallinari as he enters the final year of his contract in 2015-16, sources said. Under the newly negotiated terms, Gallinari will make $14 million this season, the first of a deal that runs through the 2017-18 season, sources said. He will make $15.5 million in 2016-17 and has a player option worth $16.1 million for the third year of the deal and a full trade kicker, sources said. Gallinari is eligible for the extension because he’s signing a four-year-plus deal after three years from the date of his previous extension. The Nuggets have the requisite salary-cap space to redo Gallinari’s deal too, a benefit of trading guard Ty Lawson to Houston on Sunday night. - See more at: http://sports.yahoo.com/news/sources--danilo-gallinari-nuggets-171837314.html
