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The Denver Nuggets and head coach Michael Malone agreed to a contract extension Tuesday.

Terms were not disclosed, but ESPN reported the deal extends through the 2022-23 season.

The Nuggets (21-8) currently have the second-best record in the Western Conference behind the Los Angeles Lakers (24-6).

“We have been very fortunate to have Coach Malone lead our resurgence. His tireless work ethic and passion are clearly reflected in the continued improvement of our roster,” president of basketball operations Tim Connelly said in a press release. “We are all extremely excited for him to continue to lead our team as we try to build a championship level organization.”

Moving up the franchise ranks

In his fifth season with Denver, Malone is already the fourth-winningest coach in franchise history at 194-163 (54.3 percent).

The Nuggets improved from 33 wins in his first season in 2015-16 to 40 wins in 2016-17, 46 in 2017-18 and 54 in 2018-19, making Denver the only NBA team to increase its total in each of the past four campaigns.

Last season, Denver reached the second round of the NBA playoffs for the first time since 2008-09.

“None of this would be possible without the hard work, dedication and trust from our players as well as the entire coaching staff,” Malone said in the release. “I’d also like to thank the amazing fans in Denver who have helped make Pepsi Center one of the toughest places to play in the NBA once again. I look forward to continuing our ultimate goal of winning NBA Championships.”

–Field Level Media (@FieldLevelMedia)