"Nuggets forward Danilo Gallinari has agreed to a four-year contract extension. The 23-year-old small forward will make close to $42 million in that four year span, a league source told The Denver Post.

The deal signifies Denver's dedication to building around a young nucleus, the same nucleus that was handed the keys after Denver traded Carmelo Anthony and Chauncey Billups 13 months ago.

"It was easy to say 'Yes' to this contract," Gallinari said at today's Nuggets shootaround. "It's very nice because we've been playing very well. We have a lot of very good young guys, very unselfish players and I'm looking forward to play with this team this year and with a lot of the guys in the next few years.""