The Denver Nuggets were reportedly looking into potentially making big offseason changes after losing in the first round to the Minnesota Timberwolves in the playoffs. 

Thus far, the Nuggets have largely stood pat, adding Marvin Bagley and keeping Tyus Jones, but losing Tim Hardaway Jr and Jonas Valanciunas. 

They have made no significant trades despite rumors of Christian Braun and Cameron Johnson being on the trade block. 

Much of the conversation for Denver has revolved around restricted free agent Peyton Watson, who remains unsigned after his breakout season. 

Watson averaged 14.6 points, 4.9 rebounds, and 2.1 assists while shooting 49% from the field and 41% from three. He was injured on April 1, which caused him to miss Denver's first round series against the Minnesota Timberwolves.

According to Jake Fischer of the Stein Line newsletter, Rich Paul of Klutch Sports is “not rushing” a resolution to Peyton Watson’s restricted free agency, with the focus on getting his client paid what he’s worth, and the agency is comfortable if the process drags out. 

Watson is reportedly looking for up to $30 million per season after his breakout year. 

Christian Braun signed a five-year, $125 million deal in October 2025 after he had a season where he averaged 15.4 points, 5.2 rebounds, and 2.6 assists while shooting 58% from the field and 39% from three. 

Braun's numbers slipped this past season, which might be giving Denver pause in handing out another big contract after one great season, especially after Watson missed nearly 30 games with an injury. 

Watson's side has no reason to budge. They saw what Braun got and will be looking for something similar, with their argument being Watson is a better defender and his play when Jokic was out for a month, which saw him average 22.1 points, 5.8 rebounds, 2.8 assists, 1.1 steals, and 1.5 blocks per game on 48% shooting from the field and 44% from three on just over five attempts per game.

The other benefit of waiting, if they are not satisfied with Denver's current offer, is hoping that another team makes an offer to put pressure on Denver to match. The longer free agency drags on, the more teams might be willing to make an offer as they want to add Watson to their team or force Denver to make a decision. 

Denver has more incentive to get a deal done quicker so they can move forward with their offseason, which could still include a trade or two.