Nuggets trade Peyton Watson, pursue DeMar DeRozan as free agent
2 sources • 1 min read • Latest: Aug 21, 2026, 6:24 PM
Last updated Aug 21, 2026

The Denver Nuggets traded Peyton Watson to the Cleveland Cavaliers in a five-team deal that gives them future draft picks. With Watson's departure, the Nuggets are now focused on acquiring DeMar DeRozan, a six-time All-Star and recent free agent after being released by the Sacramento Kings. DeRozan is sought for his offensive experience and scoring ability, which could complement the existing roster led by Nikola Jokic and Jamal Murray. The team's current salary situation makes adding DeRozan to the roster a potential key move in the offseason.
- •Nuggets trade Peyton Watson to Cavaliers for future draft picks.
- •Denver aims to sign DeMar DeRozan, a free agent and six-time All-Star.
- •DeRozan has a history of significant career earnings, totaling $305 million.
- •The deal gives Denver potential financial flexibility for further moves.
- 3:15 PMYahoo Sports — Nuggets reportedly outbid Heat, Wizards for $305M future Hall of Famer, 17-year veteran
- 6:24 PMYahoo Sports — Nuggets reportedly want to replace Peyton Watson with $305M future Hall of Famer, 6x All-Star
- 2:52 PMYahoo Sports — Nuggets reportedly going all-in for $305M future Hall of Famer after trading Peyton Watson
"The Denver Nuggets made a signing after trading Peyton Watson. In the process, they beat out the Miami Heat and Washington Wizards to land the six time All-Star.
"The Denver Nuggets finally ended the Peyton Watson saga on Wednesday night. Now, they have all eyes set on a six time All-Star to add to the roster.
"The Denver Nuggets traded Peyton Watson after a long offseason. Now, they want to sign a 17-year veteran to take his spot.
Sources
External links- Yahoo SportsAug 22, 2026, 3:15 PMNuggets reportedly outbid Heat, Wizards for $305M future Hall of Famer, 17-year veteran
The Denver Nuggets made a signing after trading Peyton Watson. In the process, they beat out the Miami Heat and Washington Wizards to land the six time All-Star.
- Yahoo SportsAug 21, 2026, 6:24 PMNuggets reportedly want to replace Peyton Watson with $305M future Hall of Famer, 6x All-Star
The Denver Nuggets traded Peyton Watson after a long offseason. Now, they want to sign a 17-year veteran to take his spot.
- Yahoo SportsAug 20, 2026, 2:52 PMNuggets reportedly going all-in for $305M future Hall of Famer after trading Peyton Watson
The Denver Nuggets finally ended the Peyton Watson saga on Wednesday night. Now, they have all eyes set on a six time All-Star to add to the roster.
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