While it was reported that the Nuggets offered Watson $70 million over four years, another report says the team is willing to put up that amount over five years. The Nuggets are looking to get back under the second apron, hence the figure being offered to Watson. Regardless of the contract’s length, the annual value is a far cry from the $25 million that Watson was reportedly seeking. And with teams that have reportedly expressed interest in signing Watson needing to execute a sign-and-trade to get something done, the Nuggets have leverage. Watson has the option to accept his qualifying offer, which would make him an unrestricted free agent next summer, but that path carries significant risk. If he were to either play poorly or suffer an injury, Watson could stand to lose even more money next summer.