Wilson Chandler and the Denver Nuggets have agreed upon a four-year, $46.5 million extension.

The fourth year of the deal includes a player option for Chandler.

Chandler has spent the past five seasons in Denver after the New York Knicks traded him as part of the Carmelo Anthony deal in 2011.

Chandler was mentioned in trade rumors last February, but the Nuggets instead have made a long-term commitment to him.