by Sam Amick, USA TODAY Sports

Ty Lawson has agreed to a four-year, $48 million extension with the Denver Nuggets, two people with knowledge of the deal told USA TODAY Sports on condition of anonymity until a formal announcement is made.

The fourth-year guard posted career highs in scoring (16.4 points per game), assists (6.6), rebounds (3.7), steals (1.3) and minutes (34.8) last season while helping Denver earn the sixth seed in the Western Conference playoffs.

The deadline for extensions to be agreed upon is Wednesday at midnight ET.

… [For more on Nuggets' Lawson agrees to extension ahead of deadline, click here.]