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Nuggets Notes: Watson, Braun, Jokic, Tax, Jones

January 15, 2026 by Hoops Rumors

Fourth-year forward Peyton Watson has been boosting his value ahead of restricted free agency in the summer and it will be tricky for the Nuggets to match a potential offer sheet, observes Troy Renck of The Denver Post.

As Renck writes, Denver’s front office prioritized a rookie scale extension for Christian Braun last offseason over a new deal for Watson. While that decision was understandable at the time, it will limit the team’s financial flexibility moving forward and make it much more difficult to re-sign Watson without going over the second tax apron.

In the five games since Nikola Jokic suffered a knee injury, Watson has averaged 24.4 points, 5.8 rebounds, 2.2 assists, 1.0 steal and 1.0 block on .518/.414/.706 shooting, Renck notes, showing that his game can scale with more opportunities. Renck suggests the Nuggets’ best option with Watson might be to work out a sign-and-trade in the 2026 offseason.

Here’s more on the Nuggets:

  • Braun was very durable during his college career at Kansas and in his first three NBA seasons with the Nuggets. The 24-year-old wing was diagnosed with a left ankle sprain in November, an injury that caused him to miss seven weeks. Why was he out so long? “The ligaments in my ankle were ripped,” Braun told Bennett Durando of The Denver Post. “So that’s what made it tough. I was in a boot for the first three weeks. I was on crutches for a couple weeks. So I couldn’t walk. … I had to get all that strength back. And it’s still a work in progress. That’s pretty clear.”
  • Head coach David Adelman provided a minor injury update on Jokic prior to Friday’s game in Atlanta, tweets Vinny Benedetto of The Denver Gazette. According to Adelman, the three-time MVP is eager to return to action, but has largely been limited to lifting weights at this point as continues to recover from a hyperextended left knee. “I understand the 65-game rule, but a guy that never misses games for a decade, it bothers me a little bit,” Adelman said (Twitter video link via DNVR Sports). “This is not somebody that’s sitting out. He never sits out.“
  • Despite multi-week injuries to Jokic and Jonas Valanciunas (calf strain), the Nuggets are unlikely to sign a center to a 10-day contract due to their tax situation, Durando reports for The Denver Post. League sources tell Durando the Nuggets have two primary objectives heading into the trade deadline: dipping below the tax threshold (they’re currently about $400K over) and promoting Spencer Jones from a two-way contract to a standard deal.

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