Denver are still over the second apron after the Peyton Watson trade
From Bobby Marks:
Some notes for Denver
Denver is 1.3M over the 2nd apron and have 2 roster spots open
They will create a trade exception for 50% of PW salary.
However, they are not allowed to use and exceed the 2nd apron because this is a s/t.
The Nuggets had zero tradeable firsts prior to this trade