The Denver Nuggets are close to finalizing a deal to re-sign restricted free agent Arron Afflalo, according to sources close to the process.

Sources told ESPN.com that the sides have reached terms on a deal that, with bonuses, would pay out in excess of $43 million over five years to Afflalo, who was coveted by numerous top teams that generally presumed that the Nuggets would match any offer sheet to the 26-year-old.