Denver Nuggets stunned fans on July 10, 2026 by waiving veteran center Nikola Jokić’s backup, a move that instantly ignited $35 million trade chatter linking the 33‑year‑old to the New York Knicks.
What happened?
The Nuggets announced the roster cut early Thursday, freeing up a $35 million contract that had been tied up since the 2023‑24 season. The player, a seasoned rim protector with career averages of 8.2 points and 5.4 rebounds, became eligible for a trade or free‑agency pickup. New York Knicks executives were spotted in a conference call minutes after the news broke, fueling speculation that the Knicks could absorb the salary to bolster their paint presence.
Why does it matter for Denver Nuggets?
Denver entered the stretch on a 2W‑0D‑3L run (LLWWL, most recent first) and had just dropped a 110‑98 loss to the Minnesota Timberwolves on May 1, 2026. Losing the last two games highlighted a need for more defensive versatility in the low‑post. By shedding the veteran’s contract, the Nuggets free cap space to pursue a younger, more mobile big man who can switch on pick‑and‑roll actions and improve their rebounding rate, which sat at 44.3% this season.
What could be next for the New York Knicks?
The Knicks, sitting at 38‑34, have struggled to protect the rim, ranking 27th in blocks per game. Adding a 7‑foot‑2, 250‑pound center with a career‑high 2.1 blocks per game would instantly lift their interior defense. If the $35 million deal goes through, New York could pair him with Julius Randle and RJ Barrett, creating a more balanced frontcourt that can finish in the paint and stretch the floor when needed.
How will the NBA landscape shift?
Should the trade materialize, Denver may look to sign a free‑agent wing to replace the minutes lost in the paint. Meanwhile, the Knicks would likely re‑tool their roster ahead of the playoff push, hoping the added size translates into a higher defensive rating. Both clubs are watching the market closely; any ripple could trigger further moves as teams scramble for cap flexibility before the February deadline.
The waiver underscores how quickly roster dynamics can change in the NBA. With the Nuggets’ recent form slipping and the Knicks hunting front‑court depth, the $35 million link could reshape both franchises’ trajectories as the season heads into its decisive phase.