The Nuggets just secured Spencer Jones for $12M over two years, but the real drama centers on Peyton Watson—whose contract talks are stalled. With offers reportedly far apart, Watson may take the qualifying offer ($6.5M) and become a UFA next summer, risking millions but betting on a bigger payday. That move would also lock him into a no-trade clause, complicating Denver’s options. If he walks, the Nuggets lose all leverage and could lose him for nothing—a devastating blow to their championship hopes. They must now decide: pay up now or risk losing him for free.
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