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Nuggets Avoid Tax by Trading Watson | Denver Nuggets News
Description
The Denver Nuggets just pulled off a bold move, shipping restricted free agent Peyton Watson to Cleveland in a sign-and-trade to dodge a crippling $230M luxury tax bill — the largest ever. With only seven players returning from last year’s roster, including the starting five, they’re reshaping the team dramatically, risking their elite core to save cash. Even after this deal, they’re still on track for a $60M tax hit, which could force them to trade high-value assets like first-round picks or even stars like Jamal Murray, Christian Braun, or Aaron Gordon — all to avoid the luxury tax’s second apron.
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