The Denver Nuggets and free-agent forward Paul Millsap have agreed to a three-year $90 million contract, according to a report by The Vertical.
Millsap, a four-time All-Star, had a $21.4 million option for next season that he said he planned to opt out of following the Atlanta Hawks' first-round exit from the playoffs.
The veteran forward is signing for less than the max he was eligible for. The Hawks could have offered to re-sign him for a projected five-year deal worth up to $205 million, while any other other team could have offered him a four-year contract worth $158.