Wilson Chandler Signs Five-Year Deal With Nuggets

Wilson Chandler signed a long-term deal with the Denver Nuggets on Sunday night.

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Denver Nuggets Sign Wilson Chandler To Long-Term Contract

The Denver Nuggets and Wilson Chandler have been flirting with each other ever since the latter returned from China, but it took a little while for the two to come to terms on a contract. Nuggets general manager Masai Ujiri was finally able to re-sign the swingman on Sunday night, as he continues to add talent to an already solid team.

Chandler played 21 games for the Nuggets last season following the Carmelo Anthony trade, but the 24-year-old restricted free agent decided to take his talents to China instead of deal with the uncertainty of the NBA lockout this summer.

Ujiri said in a press release:

"It is great to have Wilson back on our roster. It was a very unique situation signing a talented free agent in the middle of the season, and we worked extremely hard to find an agreement that was best for everyone. Wilson will be an excellent addition for the rest of this season and for years to come."

Citing Chandler's agent, the Denver Post's Benjamin Hochman reports that the deal is for five years and worth $37 million. He'll join JaVale McGee, who was recently acquired in a trade with the Washington Wizards, as new additions to the Nuggets lineup.

For more on Chandler and the Nuggets, visit Denver Stiffs and SB Nation Denver.

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Wilson Chandler Does Not Sign Offer Sheet, Will Join Nuggets Or Sit Until 2012-13

Wilson Chandler, a Denver Nuggets restricted free agent who recently returned from China, did not sign an offer sheet by Thursday's deadline, meaning that the forward will either have to sign with the Nuggets, go back overseas or sit out until the 2012-13 season.

If he sits, Chandler will remain a restricted free agent, meaning that the Nuggets will be able to match any offer sheet that he signs with another NBA team. Restricted free agency serves to depress player salaries. The only way out of it for Chandler, assuming that Denver won't sign him to a one-year deal now for the remainder of the season, is to take the Nuggets' compulsory qualifying offer this summer, play out the 2012-13 season and became an unrestricted free agent in July 2013.

The Nuggets are shorthanded due to injuries to Nene and Danilo Gallinari, but remain right in the middle of the West playoff race.

For more on the Nuggets, please visit Denver Stiffs and SB Nation Denver.

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Wilson Chandler Could Opt To Remain Unsigned Until July, According To Report

Wilson Chandler, who met with the Toronto Raptors on Wednesday, could opt to remain a free agent until July and look to sign a long-term contract as a restricted free agent then, reports SI.com's Sam Amick. As a restricted free agent, Chandler is subject to having any offer sheet he signs matched by the Denver Nuggets, who hold his RFA rights. Chandler cannot sign an offer sheet for less than three years with any club, and Amick reports that the Nuggets are not interested in signing Chandler to a one-year deal, which would allow the forward to become unrestricted in July.

Chandler could, however, sign his Nuggets qualifying offer by March 1 and play out the season on a small contract in order to reach unrestricted status in July.

The Nuggets have invested quite a lot of money in the team's core since the lockout ended. Danilo Gallinari, Nene and Arron Afflalo all have signed lucrative long-term deals; Ty Lawson will be eligible for an Early Bird extension in the summer, as well. But Denver's front office and coaching staff is believed to think highly of Chandler, who averaged 12 points per game for the Nuggets last season.

For more on the Nuggets, visit Denver Stiffs.

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