According to Yahoo! Sports, Kenneth Faried has reached an agreement on a 4-year contract extension with the Denver Nuggets worth $50 million. It was initially reported that Faried had agreed to a 5-year, $60 million deal. However, the Nuggets reworked the contract and made it shorter. Faried recently averaged 13.7 points and 8.6 rebounds per game for Team USA during the 2014 FIBA World Cup.