Nuggets in 'Active' Peyton Watson Trade Talks With 3 Teams
The Denver Nuggets are actively exploring potential sign-and-trade options for 23-year-old guard Peyton Watson.
The Denver Nuggets are actively engaging in trade discussions for 23-year-old guard Peyton Watson. Insider Shams Charania of ESPN reported that the Nuggets are in active trade talks with three teams - the Cleveland Cavaliers, Milwaukee Bucks, and Los Angeles Clippers.
Should Denver be unable to secure a new trade destination for Watson, he is expected to return for his fifth NBA season under a one-year qualifying offer. This offer would amount to $6.5 million for the 2026-27 season.
The discussions around Watson involve various player and pick packages. This ambiguity signifies the complexity of the potential transactions. If a deal is not reached, Watson could instead return to the Nuggets on a qualifying offer.
Watson had a breakout year with the Nuggets in 2025-26. As a 30th overall draft pick, he averaged 14.6 points, 4.9 rebounds, and 2.1 assists in nearly 30 minutes per game - marks that represent his career highs. If Watson remains with the Nuggets under the qualifying offer, he will become an unrestricted free agent next summer.
In a related move, the Nuggets signed veteran guard Lonnie Walker IV on a one-year, $3.3 million contract on Thursday.
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