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Nuggets Hold Firm as Peyton Watson Market Cools

Denver’s tight salary cap is narrowing trade options and may force Watson into a one-year qualifying offer or a sign-and-trade that yields a high-level player plus a first-round pick.

Overview

  • Peyton Watson remains an unsigned restricted free agent as teams continue to talk with Denver but have not closed a deal.
  • Reports this week say the Nuggets have softened earlier Kessler-level demands and now seek a high-level existing player plus a first-round pick in any sign-and-trade.
  • Denver’s proximity to the NBA’s second salary-cap apron limits how much salary it can take back in a trade and makes sign-and-trade packages harder to construct.
  • Multiple suitors — including the Hawks, Bucks, Clippers, Pelicans and Cavaliers — have expressed interest but so far have been unwilling or unable to offer the picks or players Denver wants.
  • Watson has indicated he might accept Denver’s $6.5 million qualifying offer and re-enter unrestricted free agency next summer if no suitable sign-and-trade or large offer materializes.