The Nuggets have reached an agreement with second-round pick Jalen Pickett on a four-year contract that will be worth $8.4MM and will be guaranteed for the first three seasons, sources tell Michael Scotto of HoopsHype (Twitter link).
A 6’4″ guard, Pickett played three college seasons at Siena, then transferred to Penn State for two years. As a “super-senior” in 2022/23, he filled up the box score with 17.7 points, 7.4 rebounds, and 6.6 assists per game with a .508/.381/.763 shooting line in 37 contests (36.6 MPG). He was a consensus second-team All-American and made the All-Big Ten first team.
Denver put itself in position to draft Pickett by reaching a deal with the Pacers to acquire the No. 29 and No. 32 picks in the draft in exchange for No. 40 and a 2024 first-rounder. The Nuggets used the 32nd overall pick on Pickett, whose extensive college experience should put him in position to compete for a spot in the second unit as a rookie.
The Nuggets are using their taxpayer mid-level exception to sign Reggie Jackson, but are able to sign Pickett to a deal worth more than the minimum – and covering four seasons – thanks to the NBA’s new second-round pick exception. The final year on his contract will be a team option.
This guy has the potential to be better than any of the free agents they could have afforded. At his worst he’s a serviceable backup, at his best he runs the second unit, gives them a real identity and can allow Murray to play off ball in staggered minutes without Jokic.
The Nuggets basically signed third string vets at guard, wing and big positions and will be hoping for a big jump from Braun, Watson and Nnaji/Cancar to make up for Bruce’s production. Jeff wasn’t doing much on the court so I expect that to have zero effect on the numbers.