What happened: Cleveland, Denver and the Clippers agreed to a trade sending Peyton Watson to the Cavaliers and Max Strus to LA. The Nuggets receive an unprotected 2031 Cleveland first-round pick and a 2032 Sacramento Kings second-round pick. Watson will sign a four-year, $88 million contract.

Why it matters: The Cavaliers secure Peyton Watson to add athleticism and scoring after reaching the Eastern Conference finals. The Clippers add a perimeter shooter in Strus, while Denver extracts future draft capital for the departing restricted free agent.

What to watch: Watson joins a retooled Cleveland rotation for the upcoming 2026-27 season, while the Clippers integrate Strus into their lineup.