The Nuggets and head coach George Karl have agreed to a multi-year contract extension, the team announced today.

Per team policy, terms of the contract were not disclosed.

“I’ve always said Denver is the place I want to end my career,” Karl said. “This puts me one step closer to achieving that goal. Masai Ujiri and Josh Kroenke were very professional throughout these negotiations.

“The Kroenkes have been great throughout this entire process. They’ve been very supportive of me as a coach and during my battle with cancer. I’m excited for the remainder of the season and look forward to making another playoff run.”