Milwaukee Bucks center Larry Sanders is nearing completion on a four-year $44 million contract extension league sources told Yahoo! Sports.

The deal will include bonuses that could push the value of the contract to the $48 million range sources said.

Sanders 24 emerged as a breakout talent for the Bucks in his third NBA season averaging 9.8 points 9.5 rebounds and 2.8 blocks per game. He's become one of the league's best rim protectors and the anchor of the franchise's frontline.

The Bucks have undergone a significant makeover in the offseason under general manager John Hammond who hired Larry Drew as coach and signed free agents O.J. Mayo Carlos Delfino and Zaza Pachulia. The Bucks also acquired guard Luke Ridnour as part of a three-team deal.