DENVER (AP) -- The Denver Nuggets and point guard Ty Lawson are close to finalizing a contract extension that's been hanging over the team and its star point guard for weeks.
On Tuesday afternoon, Lawson tweeted, "It Looks like im going to be a nugget for another 4 yrs..Thanks to the Kronke family, Masai, nuggets fans and everybody 4 believing In me"
The Denver Post reported Lawson had agreed to a $48 million extension. The Nuggets, who flew to Philadelphia after practice Tuesday, didn't immediately return messages from The Associated Press.
Lawson averaged 16.4 points and 6.6 assists last season, his first as a starter. He was drafted out of North Carolina in 2009 after winning a national title with the Tar Heels.
The Nuggets open the season Wednesday night against the 76ers.