The Denver Nuggets are in a financial tightrope walk this offseason, juggling roster upgrades with strict salary cap penalties. After losing key players and signing Marvin Bagley III and Alpha Diallo, they matched a lucrative offer for Spencer Jones — pushing them deep into the second apron. Adding DeMar DeRozan on a veteran’s minimum only made things worse, now leaving them $4.9 million over the limit. With the trade deadline looming and draft penalties looming if they don’t fix it, they’ve got one more move to make — likely trading Zeke Nnaji — while holding onto their core lineup. A recent Peyton Watson trade already netted them a 2031 first-round pick, giving them a crucial asset to navigate this crunch.

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