Hornets Acquire Reggie Jackson, Picks from Nuggets

The Denver Nuggets have traded veteran guard Reggie Jackson and three unprotected second-round picks to the Charlotte Hornets in a move aimed at creating financial flexibility. Jackson, who played a key role off the bench for the Nuggets and averaged 10.2 points and 3.8 assists last season, is on an expiring $5.25 million contract. This trade helps the Nuggets manage their luxury tax situation and potentially re-sign guard Jamal Murray. For the Hornets, Jackson could provide valuable veteran presence and backup for LaMelo Ball, though it's unclear if he will remain with the team or be waived. This trade also allows Charlotte to absorb Jackson's salary and gain future draft picks, adding to their rebuilding strategy.