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Nuggets trade Reggie Jackson, three second round picks to Charlotte Hornets for cash

According to Adrian Wojnarowski of ESPN, the Denver Nuggets are trading backup point guard Reggie Jackson to the Charlotte Hornets for cash.

The Nuggets are also sending out three second round picks, their own selections in 2025, 2029, and 2030, to get the deal done.

Denver is trading Reggie Jackson to Charlotte with three unprotected second-round picks, source tells ESPN.

— Adrian Wojnarowski (@wojespn) June 27, 2024

The Nuggets, stuck up against the second tax apron and with the prospect of Kentavious Caldwell-Pope leaving in free agency, appear to have created some luxury tax breathing room.