The Denver Nuggets have reached agreement on a three-year $14 million contract extension with restricted free-agent center Timofey Mozgov league sources told Yahoo! Sports.

The deal will include a team option in the third year a source said.

An opportunity for Mozgov to play a significantly increased role with Denver opened because of a draft night deal that sent center Kosta Koufos to the Memphis Grizzlies. Mozgov will play behind starting center JaVale McGee under new coach Brian Shaw.

Several sign-and-trade scenarios were discussed over recent weeks but Mozgov and the Nuggets were committed to re-partnering after getting closer on the terms of the deal in the past week sources said.