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Ty Lawson agrees to new deal

Updated: October 31, 2012, 1:42 AM ET
By Marc Stein | ESPN.com

The Denver Nuggets have reached terms on a contract extension with point guard Ty Lawson.

Lawson tweeted Tuesday that the deal is done after month-long negotiations, announcing to his followers that he'll be a Nugget "for another four years" and thanking Denver management for the extension.

The deal, which will take effect starting next season, is worth $48 million over four years, a league source told ESPN The Magazine's Chris Broussard.

Lawson averaged ...

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