The Denver Nuggets are in a high-stakes battle to keep rising star Peyton Watson, who’s reportedly been offered a five-year, $70 million deal — but other teams like the Bucks, Hawks, and Clippers are circling with sign-and-trade offers. With Denver already over the salary cap apron after matching an offer for Spencer Jones, they’re demanding at least two first-round picks to part with Watson — a critical piece who’s become indispensable to their playoff push. Losing him would be a massive blow, especially with Jokić and Murray already on the roster. The race to keep Watson is on — and the Bucks may hold the edge with their young core, draft assets, and trade exception.

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