Nuggets trade Reggie Jackson, 3 second-round picks to Charlotte Hornets, source says

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Nuggets trade Reggie Jackson, 3 second-round picks to Charlotte Hornets, source says
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Bennett Durando is the Denver Nuggets beat writer for The Denver Post. Before moving to Colorado, where he started as The Post's Avalanche beat writer, he covered SEC football, basketball and other sports for five years: first reporting on his alma mater, Missouri, for the St.

Reggie Jackson of the Denver Nuggets takes a breather against the Minnesota Timberwolvesduring the second quarter at Ball Arena in Denver on Saturday, May 4, 2024. and three future second-round picks to the Charlotte Hornets for cash considerations Thursday in a maneuver that provides Denver salary cap relief before NBA free agency, a league source told The Denver Post.Earlier this week, Jackson picked up a $5.25 million player option to return for the 2024-25 season.

Jackson, 34, played in every regular-season and playoff game in 2023-24, averaging 10.2 points and 3.8 assists. He shot 43.1% from the field and 35.9% from three,after an exceptional first two months of the season when Jamal Murray was injured. Jackson’s finest moment in a Nuggets uniform came last November, when he and DeAndre Jordan led a short-handed squad to an unlikely win at the Clippers. Jackson registered 35 points and 13 assists in the win while Nikola Jokic and Murray were both out.

That’s narrowly above the luxury tax line for 2024-25, placing Denver below the first tax apron and about $18 million below the second apron with free agency looming. The trade of Jackson in particular will provide flexibility for Denver’s effort to re-sign Caldwell-Pope, but it also supplies cap space to sign other players if the Nuggets lose KCP.

Keeler: Nuggets, Nikola Jokic can’t waste another summer, another NBA draft. If right trade offer comes for Michael Porter Jr., you take it

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