The Denver Nuggets are looking to secure the futures of some of the younger players on the roster, who they believe have a future role with the franchise. They are said to be in talks with backup shooting guard Malik Beasley and his representatives about signing a contract extension before the Oct. 21 deadline.

The Denver Post reports that talks have been held in recent days about a contract extension for the fourth-year shooting guard. The franchise has just two weeks before the deadline to conclude the deal otherwise there is a possibility they lose Beasley to another franchise in restricted free agency next summer.

The report claims that Beasley has already turned down an offer of a three-year deal worth $30 million. The guard recently switched agents moving on from Rich Gray to Klutch Sports’ Rich Paul, who also represents NBA big guns LeBron James and Anthony Davis among others.

The 22-year-old played 81 games for the Nuggets last season averaging 11.3 points and 2.5 rebounds in 23.2 minutes per game while shooting 40 percent from beyond the arc. However, as a starter, in 18 games, he averaged almost 16.0 points and shot 50 percent from beyond the three-point line.

The Nuggets want to secure Beasley’s long-term future but it remains to be seen if he will accept their contract extension after already turning down the initial offer. Players have been known to play out their final year without a deal in hand and enter restricted free agency but it is a plan that could backfire if their game deteriorates in comparison to the season gone by.

Beasley is not the only player in talks with the Nuggets about an extension, as the franchise is also talking to Juancho Hernangomez about signing an extension. The small forward played 70 games for the Nuggets last season averaging 5.8 points and 3.8 rebounds in 19.4 minutes per game.