The Nuggets have exercised their third-year team option on Peyton Watson, a league source tells Vinny Benedetto of The Denver Gazette (Twitter link). The move has no impact on Watson’s status for the upcoming season, but locks in his $2,413,560 salary for the 2024/25 season.
A 6’8″ wing who played one college season at UCLA, Watson was the final first-round pick (30th overall) in 2022. He appeared in 23 games (8.1 MPG) as a rookie for the Nuggets last season, averaging 3.3 PPG and 1.6 RPG. He also made five brief playoff appearances during Denver’s championship run in ’22/23.
Watson, 21, played more extensively at the G League level, suiting up for 19 games with Denver’s affiliate, the Grand Rapids Gold.
The Nuggets are high on Watson, who is an outstanding athlete with a lot of defensive upside. He could be a rotation player in year two, and multiple outlets have cited the young forward as a possible under-the-radar contributor for Denver in ’23/24.
Denver will have to decide whether or not to pick up Watson’s fourth-year option — worth $4,356,476 — next October. The Nuggets picked up Christian Braun‘s third-year option on Tuesday, as expected.
The full list of decisions on 2024/25 rookie scale team options can be found right here.