Cavaliers reportedly waiving $15M former first-rounder after acquiring Nuggets' Peyton Watson

The Cleveland Cavaliers finally landed Peyton Watson on Wednesday night. As part of the move, they are waiving a former first-round draft pick.

PEYTON WATSON is heading from Denver to Cleveland as part of a four-team trade that will also have the Cavaliers sending Max Strus to the Los Angeles Clippers. A person familiar with the trade said on Wednesday night that Watson, a restricted free agent who spent his first four NBA seasons with the Nuggets, will sign a

Peyton Watson is heading from Denver to Cleveland as part of a four-team trade that will also have the Cavaliers sending Max Strus to the Los Angeles Clippers

Peyton Watson Trade Grades: Cavaliers Swing Big in Five-Team Blockbuster Deal  Sports Illustrated

The Nuggets tendered a $6.5 million qualifying offer to Watson earlier this offseason.