DeMar DeRozan is agreeing to a one-year contract with the Denver Nuggets worth $3.9 million, sources say. Multiple outlets report the deal is set at the veteran minimum.
DeRozan, 37, spent the 2025-26 season with the Sacramento Kings, starting 77 games, and is waived earlier in the offseason. After two seasons with the Kings, he becomes a free agent and reaches an agreement with Denver. Outlets also note it is DeRozan’s fifth team in his 18th NBA season and that he has been a six-time All-Star.
Some reports frame the move primarily around DeRozan’s availability after Sacramento waived him, while others emphasize Denver’s roster context—adding veteran backcourt experience after Peyton Watson is sent to Cleveland in a multi-team trade. Across coverage, the central points are the same: the agreement with Denver, the contract value and length, and the Kings’ decision to waive him.