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By Matt Audilet
Contributing Sports Writer
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The Denver Nuggets are actively exploring sign-and-trade options for 23-year-old guard Peyton Watson.
According to ESPN NBA insider Shams Charania, the Nuggets are in "active trade talks" with the Cleveland Cavaliers, Milwaukee Bucks and Los Angeles Clippers. If Denver is unable to find a new home for Watson, he'll return for his fifth NBA season under a one-year qualifying offer.
"They are in active trade talks with multiple teams on a Peyton Watson sign and trade. That includes Cleveland, Milwaukee, and the Clippers," Charania reported on Thursday. "There are combinations of player packages, pick packages as well. So either they're gonna trade him, or you could potentially have him back on a 1-year, $6.5 million qualifying offer."
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Watson experienced a breakout year with the Nuggets in 2025-26. The former No. 30 overall draft pick averaged 14.6 points, 4.9 rebounds and 2.1 assists through just under 30 minutes per game — all representing career highs.
If Watson plays the 2026-27 NBA season under the Nuggets' $6.5 million qualifying offer, he'll become an unrestricted free agent next summer.
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Denver signed veteran guard Lonnie Walker IV on a one-year, $3.3 million deal on Thursday.
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