The luxury tax-strapped Nuggets no longer have a pick in Thursday’s draft.
The Nuggets on Wednesday traded their No. 20 pick to Charlotte for a future protected first-round selection.
The Nuggets are in line to have a $90 million payroll next season, which would be about $20 million over the luxury-tax threshold.
The No. 20 pick will make nearly $1.3 million next season. With the Nuggets in the dollar-for-dollar luxury tax, that would be savings of $2.6 million.
Well at least the Nugs got a future first for their pick and not cash like the Hornets did.