Denver Nuggets Dealt Bad News After Peyton Watson Trade
The Denver Nuggets, who remain $1.3M above the second apron, are not allowed to use their trade exception from the Peyton Watson trade. The post Denver Nuggets Dealt Bad News After Peyton Watson Trade appeared first on HEAVY.
On December 27, 2024, the Denver Nuggets traded for Peyton Watson, reducing their payroll by at least $100 million while creating a trade exception worth $10.2 million. However, the Nuggets are currently prohibited from using the $10.2 million trade exception, as they are a second apron team and cannot take back players under contract in a sign-and-trade or use a trade exception created by signing a player.
According to a trade expert, the Nuggets can only unlock the trade exception by getting under the second apron, which would then hard-cap them to the second apron. With the trade, the Nuggets have created a trade exception worth at least $10.2 million and gained an unprotected 2031 first-round pick from the Cleveland Cavaliers. The Nuggets are currently $1.3 million above the second apron and have two roster spots open, but they cannot use the newly created trade exception until they are under the second apron.
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