Michael Malone and the Denver Nuggets have agreed to a contract extension that will make him one of the NBA's highest paid coaches.

Malone helped guide the Nuggets to their first championship in franchise history last June.

The Nuggets hired Malone as head coach in 2015 after his brief stint with the Sacramento Kings.

Gregg Popovich, Erik Spoelstra, Steve Kerr, Rick Carlisle, Nick Nurse, Tyrone Lue and Frank Vogel are the other current head coaches who have won a championship as head coach.