Denver Nuggets' Bol Bol (10) is congratulated by PJ Dozier (35) and Mason Plumlee (7). Pool Photo-USA TODAY Sports

The Nuggets and young center Bol Bol agreed to a two-year deal worth $4.2M, his agents at CAA Sports tell Shams Charania of The Athletic (Twitter link). Bol, who spent his rookie season in 2019-20 on a two-way contract, will be promoted to Denver’s standard roster as part of the agreement.

Bol, once considered a probable 2019 lottery pick, dropped to No. 44 in last year’s draft due to health concerns. The 21-year-old was limited to seven NBA appearances and eight G League games as a rookie.

However, Bol has flashed intriguing potential as a 7-5 center who can knock down shots from beyond the arc, and the Nuggets are excited about his development, tweets Charania. In his eight games for the Windy City Bulls last season, he averaged 12.0 PPG, 5.5 RPG and 2.1 BPG with a .364 3PT% in 19.3 minutes per contest.

Even with Mason Plumlee out of the picture for the Nuggets in 2020-21, Bol will have to compete to earn a regular role in the rotation. Isaiah Hartenstein, Paul Millsap and Zeke Nnaji are also candidates for minutes at the five behind Nikola Jokic.

Bol will fill the roster spot previously occupied by Keita Bates-Diop, who was waived before his salary for 2020-21 became guaranteed. Mike Singer of The Denver Post previously reported that the Nuggets would promote Bol to the standard roster.

After committing most of its mid-level exception to JaMychal Green, Denver will likely use the remaining portion of that MLE to complete the Bol signing.

More must-reads:

TODAY'S BEST
Anderson Silva, Chael Sonnen will finish off their trilogy in a boxing ring
Victor Wembanyama, Chet Holmgren highlight 2023-24 All-Rookie team
Jaguars' Doug Pederson discusses Trevor Lawrence contract extension
Saints, star CB 'moving forward' following trade chatter
Pacers ride historic shooting performance to Game 7 blowout of Knicks
Timberwolves mount incredible second-half comeback to stun Nuggets in Game 7
Xander Schauffele proves doubters wrong with historic win at 2024 PGA Championship
Four things we learned from Joey Logano's All-Star Race win at North Wilkesboro
Phil Foden lifts Manchester City to fourth consecutive English Premier League title
Watch: Aaron Judge blasts 13th home run in Yankees' seventh straight win
Canucks won't have linchpin forward for Game 7 vs. Oilers
Jags reportedly mulling extension for Trevor Lawrence, but is that the right choice?
Gordon Hayward calls role with Thunder 'frustrating'
Mets reliever Edwin Diaz showing short shelf life of closers
Three offseason moves the 49ers must make
Watch: NASCAR drivers exchange punches after crash in All-Star Race
Knicks star offers passionate defense of HC Tom Thibodeau after Game 7 loss
Knicks' Jalen Brunson suffers serious injury in Game 7 vs. Pacers
Dodgers add recently acquired left-hander to active roster
Report: 2023 No. 7 pick expected to terminate KHL contract, join Flyers