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Nuggets’ Reggie Jackson Exercises $5.25 Million Player Option, Returning for 2024-25 Season

Reggie Jackson, the Nuggets’ point guard, has opted to pick up his $5.25 million player option for the 2024-25 season, as confirmed by a league source to The Denver Post. Last season, Jackson, who played in all 94 games during both the regular season and playoffs, averaged 10.2 points and 3.8 assists.

At 34, Jackson will be back for the final year of his contract. He joined Denver in February 2023 after a contract buyout with the Charlotte Hornets and won his first NBA championship as a reserve for his hometown team five months later. A Palmer High School graduate, Jackson then took on a more significant role as Jamal Murray’s primary backup the following season, re-signing under the taxpayer mid-level exception.

Jackson averaged 10.2 points and 3.8 assists per game, shooting 43.1% from the field and 35.9% from three-point range. He had an impressive start to the season, starting 14 of Denver’s first 25 games while covering for an injured Murray. However, he faced challenges upon returning to the bench, seeing his playoff minutes reduced to 9.8 per game.

With Jackson’s decision, the Nuggets now have 11 roster spots filled for the upcoming season. Vlatko Cancar is expected to re-sign on a new one-year minimum contract after the team declined his option on Sunday, according to a league source. If Cancar re-signs, three roster spots will remain open, with Kentavious Caldwell-Pope’s player option deadline approaching on Saturday. Sources anticipate Caldwell-Pope will decline the option to explore free agency.

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