Arron Afflalo

The Denver Nuggets have re-signed guard Arron Afflalo to a multiyear contract, Executive Vice President of Basketball Operations Masai Ujiri announced today. Per team policy, financial terms were not disclosed. We’ll post contract details here later today.

Afflalo, 6-5, 215, set career-highs in several statistical categories in 2010-11, including points (12.6), rebounds (3.6) and assists (2.4). The 26-year-old also finished fifth among NBA guards with a .498 shooting percentage, and he shot .423 from three-point range, which tied for eighth among the overall league leaders.

“Arron is a tremendous young player who is only going to get better,” Ujiri said. “Not only has he become one of our best offensive players, but he is an excellent defender and a great leader in the locker room. He is a big part of our future, and we are glad to have him back on our roster.”

Drafted by the Detroit Pistons 27th overall out of UCLA in 2007, Afflalo played limited minutes in his first two NBA seasons before the Nuggets acquired him in exchange for a future second-round pick on July 13, 2009.

After earning a spot in Denver’s starting lineup less than two weeks into the 2009-10 season, Afflalo never relinquished the job. He averaged 8.8 points and 3.1 assists in his first year with the Nuggets and finished eighth in the NBA in three-point percentage (.434).

Afflalo enjoyed another banner season in 2010-11, highlighted by a career-high 31 points against the Phoenix Suns on Jan. 11 and a 24-point game against the Dallas Mavericks on Feb. 10. In the Dallas game, he scored 19 points in the fourth-quarter and hit the winning jumper as time expired.