Danilo Gallinari nearing two-year Denver Nuggets extension

Denver Nuggets forward Danilo Gallinari is reportedly close to securing a two-year contract extension with the club.

The 26-year-old is under contract with the Nuggets until the end of next season after joining the team from the New York Knicks in the 2010-11 campaign.

Gallinari will sign a new deal until the 2017-18 season with Michael Malone's men worth $34m (£21.8m), according to Yahoo! Sports.

The forward averaged 12.4 points per game for the Nuggets in the last campaign.