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Nuggets Weigh Matching Offers for RFA Peyton Watson Under Cap Squeeze

Crossing the league’s second apron would trigger strict limits on roster moves.

Overview

  • Watson broke out in 2025-26, averaging 14.6 points with 41.1% three-point shooting in a larger role.
  • He now enters restricted free agency, where Denver can issue a qualifying offer and match any offer sheet.
  • Denver sits about $2 million below the NBA’s second apron, a high payroll line that brings heavy limits on trades and signings.
  • Reports flag the Lakers, Bulls and Nets as suitors, while Miami could use the full mid-level exception of about $15 million to make a run.
  • Last summer Denver prioritized Christian Braun, a choice that now frames the decision on how far to go to keep Watson.