Denver Nuggets forward Wilson Chandler signed a four-year contract extension with the club on Saturday, the team announced.

The Nuggets characterized the deal for Chandler as a restructuring of his old contract, which had one year remaining, coupled with the signing of a multi-year extension. Adrian Wojnarowski of Yahoo reported the contract as four years and $46 million.

Chandler averaged 13.9 points and 6.1 rebounds in 31.7 minutes per game last year for the Nuggets, his fourth season with the team. He played in 78 games, starting 75.

It capped a busy Saturday for the Nuggets, who are also reportedly close to finalizing an $11 million, three-year deal for guard Will Barton, who took to Twitter to announce his return to Denver.

Barton averaged 11.0 points, 4.6 rebounds and 1.9 assists in 24.4 minutes per game in 28 games with the Nuggets after a trade from Portland last season.