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Walker Joins Nuggets Amid Tax Burden | Denver Nuggets News
Description
The Nuggets just pulled off a savvy, high-stakes move by signing Lonnie Walker IV — a veteran scorer with NBA experience and a career-high season under his belt — despite a contractual wrinkle that had him overseas. Denver’s luxury tax bill is already ballooning toward $85 million, and adding Walker could push it past $120 million if they bring back Peyton Watson. For a one-year, $3.3M deal, the Nuggets are betting Walker’s scoring punch can help them chase another title around Jokic — all while deepening their payroll into dangerous territory.
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