Denver Nuggets: Free agency preview
Unload the Kenneth Faried contract
Now that Nikola’s deal is all but finalized, the Denver Nugget’s cap situation has become even tighter. Following opt-ins by both Darrell Arthur and Wilson Chandler, the team is pretty much at their cap space if not over.
Obviously this should not be something to worry about. Team owner Josh Kroenke has made it clear that he is willing to go over the luxury tax threshold. However, it would be nice to have a little flexibility. That will give the front office the chance to play the free agency game a little bit.
That’s where the Kenneth Faried contract comes into play. According to Basketball Insiders Faried is scheduled to make $13.7 million next season.
Faried was not a factor in head coach Michael Malone’s rotation, so paying that much money to a bench warmer does seem logical.
Unloading this contract will be very difficult. The team tried to trade away Faried many times over the past two seasons to no avail.
Look for Denver to package young pieces and/or draft picks to try and entice someone to take on the final year of that contract.