* The Denver Nuggets are trading a player named Peyton Watson to the Cleveland Cavaliers. This is part of a big trade that involves four different teams.
* Peyton Watson will get a new, big contract with the Cavaliers, and the Nuggets will get some draft picks and another player from a different team.
* This trade helps the Cavaliers get a new player for their team, and the Nuggets get some new players and future picks to help them later.