Peyton Watson: Nuggets Trade Candidate May Have Played His Last Game Alongside Nikola Jokić

As the Denver Nuggets navigate a challenging stretch without their superstar center Nikola Jokić, speculation has intensified around young forward Peyton Watson potentially being traded before the three-time MVP returns from injury. On January 1, 2026, reports surfaced suggesting that Jokić’s hyperextended left knee—sustained in a December 29 game against the Miami Heat—could sideline him for at least four weeks, opening a window where Denver might move Watson to address immediate frontcourt needs or long-term financial concerns. If a deal materializes before the February trade deadline, there’s a real possibility that Watson and Jokić have already shared the court for the final time.

The Nuggets entered the 2025-26 season with high expectations after offseason moves aimed at deepening the roster around Jokić. Trading Michael Porter Jr. for Cameron Johnson and acquiring Jonas Valančiūnas provided spacing and a reliable backup big. Denver started strong, holding a 22-10 record and third place in the Western Conference before injuries struck. Jokić’s absence compounds issues with Aaron Gordon, Christian Braun, and Cam Johnson also sidelined, forcing coach David Adelman to patchwork lineups.

Peyton Watson, the 22-year-old athletic wing drafted 30th overall in 2022 out of UCLA, has emerged as a key rotational player. Known for his elite shot-blocking—often drawing comparisons to a young Anthony Davis for his length and timing—Watson has developed into one of the league’s premier perimeter defenders. His 7-foot wingspan disrupts drives and protects the rim, averaging impressive blocks per minute. Offensively, he’s shown growth, improving his three-point shooting and finishing at the rim with explosive dunks.

Watson’s partnership with Jokić has been symbiotic. The Serbian’s playmaking opens lobs and cutting lanes for Watson’s athleticism, while Watson’s defense covers for Jokić’s occasional lapses on the perimeter. Moments like Jokić hugging Watson on the bench or setting up highlight-reel alleys have endeared the duo to fans. Watson has spoken glowingly of learning from Jokić, calling him a mentor whose basketball IQ elevates everyone.

Yet, Watson’s contract situation looms large. After failing to agree on a rookie-scale extension before the season, he heads toward restricted free agency in summer 2026. On his current deal, he’s a bargain, but a new contract could command $15-20 million annually given his upside. Denver, already deep in luxury tax territory and second-apron restricted, faces tough decisions. Trading Watson now—while his value is high but before he hits the market—could net assets like draft picks or a veteran big to bolster the roster during Jokić’s prime.

Jokić’s injury accelerates this timeline. With Valančiūnas stepping into the starting lineup (before his own recent calf strain) and young players like DaRon Holmes II getting opportunities, Denver might seek immediate help. Watson’s name has circulated in rumors, potentially as salary filler or a centerpiece for a frontcourt upgrade. Teams like those needing wing defense could offer picks or role players in return.

This isn’t the first time trade whispers have surrounded Watson. His development trajectory—slow start as a rookie, breakout in year three—mirrors many young talents who get moved for win-now pieces. Nuggets brass, including GM Ben Tenzer, values Watson’s defense, but financial realities in a contender’s window force pragmatism. If Denver views him as expendable next to veterans like Johnson and Gordon, a deal makes sense.

Fan reaction has been mixed. Many see Watson as untouchable, a homegrown defender perfect alongside Jokić. Others recognize the business side: maximizing value before restricted free agency, where matching offers could strain the payroll. Social media buzzes with debates, some lamenting a potential end to the Jokić-Watson era.

As Denver pushes through this injury wave—recently surviving without Jokić against Toronto—the front office weighs options. A trade for depth could keep them afloat in the West. Retaining Watson preserves youth and flexibility.

For Peyton Watson, this speculation marks a coming-of-age moment. From UCLA standout to Nuggets contributor, he’s proven his worth. Whether he stays to grow with Jokić or moves elsewhere, his career trajectory points upward.

The Nuggets’ championship core remains Jokić-centric. Decisions around players like Watson define the supporting cast. This could indeed be the end of an intriguing partnership—or just a bump in a longer road together.