In this current landscape, recent trades (like the JJJ and AD mid-season deals) have proven that salary cap flexibility is now more valuable than draft picks. By executing this trade, Denver successfully drops $15.4M below the tax line. This is a massive strategic win under the new CBA. It allows the Nuggets to retain Peyton Watson while gaining access to the Taxpayer Mid-Level Exception (TPMLE).
To secure the greatest player in the world, the Bucks are willing to swallow the "poison pill." This includes taking on Jamal Murray’s multi-year max extension and Christian Braun’s "Poison Pill" contract (due to his extension status). Milwaukee sacrifices their long-term cap health to pair Jokic with a proven co-star and a re-tooled roster.
The Kings are the perfect third party because they have sufficient roster spots to absorb a large volume of players. With five expiring contracts and the option to waive DeRozan’s $10M partially guaranteed deal