Nuggets’ Bruce Brown Declining 2023/24 Player Option

As expected, Nuggets guard Bruce Brown will turn down his player option for the 2023/24 season, reports Shams Charania of The Athletic (Twitter link).

Rather than locking in a ’23/24 salary worth $6,802,950, Brown will hit the free agent market, where he’ll be able to sign a new deal with Denver or a rival suitor.

Brown, who signed with the Nuggets last summer following a two-year stint in Brooklyn, averaged a career-best 11.5 points per night on .483/.358/.758 shooting in 80 games (28.5 MPG) this past season.

The 26-year-old also contributed 4.1 RPG and 3.4 APG while handling a variety of defensive assignments. In the postseason, he played the most minutes of any Denver reserve, bumping his scoring average to 12.0 PPG while shooting 51.1% from the floor.

Because Brown signed with the Nuggets just one year ago, the team only holds his Non-Bird rights, giving them the ability to offer up to about $7.8MM, a 20% raise on his previous $6.5MM salary. The club intends to offer that full raise, per Mike Singer of The Denver Post (Twitter link).

The Nuggets could theoretically offer more than $7.8MM if they had cap room or the full mid-level exception available, but they project to be over the luxury tax line, limiting their spending flexibility.

Brown is considered likely to receive an offer in the neighborhood of the full mid-level ($12MM) from another team, but spoke after the Nuggets’ championship about his desire to remain in Denver, telling reporters that “money isn’t everything.” If he’s willing to accept a below-market salary in 2023/24, he could sign another one-plus-one deal, then opt out again in 2024 and sign a more lucrative, longer-term contract with the Nuggets once they hold his Early Bird rights.

We’re tracking all of this year’s player option decisions right here.

View Comments (12)