DeMar DeRozan agrees with Nuggets on 1-year deal for veteran minimum, AP source says

Denver Nuggets have reached an agreement with veteran DeMar DeRozan on a one-year deal, according to a source familiar with the contract. The veteran minimum agreement is worth $3.9 million, with the first annual payment of $205 plus GST. This marks DeRozan's fifth franchise in his 18th NBA season, as the 37-year-old All-Star seeks his first championship.

DeRozan spent his early years with the Toronto Raptors before being traded to San Antonio for Kawhi Leonard in the 2018-19 season. Since then, he has played for Chicago and Sacramento, amassing three seasons with each team. The addition of the 23-year-old Denver starter Peyton Watson, acquired in a four-team trade, bolsters the Nuggets' backcourt following their 2022 championship.