Nuggets offer Peyton Watson four-year, $70 million contract with team option

The Denver Nuggets have made a four-year, $70 million contract offer to restricted free agent Peyton Watson. The deal includes a team option for the fourth year, but reports indicate that Watson may seek a different opportunity, potentially through a sign-and-trade. Multiple teams, including the Cleveland Cavaliers, Milwaukee Bucks, and LA Clippers, are reportedly interested in acquiring Watson. The Cavaliers are exploring trade possibilities to facilitate an offer for him. Watson also has a qualifying offer worth $6.5 million for one year, allowing him to become an unrestricted free agent next summer if he does not sign a deal.

• 6:56 PMYahoo Sports — Nuggets offering Peyton Watson four-year, $70 million contract with team option