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Denver Nuggets — 2025-26 Start of Season Analysis
Denver Nuggets

Denver Nuggets

2025-26 Start of Season Analysis  ·  Western Conference  ·  Northwest Division  ·  NBA

2024-25 End of Season Recap

The 2024-25 Denver Nuggets were an offensive juggernaut — the best offense Nikola Jokić has ever quarterbacked, and arguably the most efficient half-court attack in the NBA. Denver finished 50-32, good for 4th in the Western Conference and 2nd in the Northwest Division behind the powerhouse Oklahoma City Thunder. This was a team built to outscore you, not stop you — and the scoreboard backed it up every night.

The numbers were staggering. Denver posted 120.8 PPG (3rd), a 119.9 offensive rating (4th), and shot a league-best 50.6% from the field. The ball movement was historic: 31.0 APG ranked 1st in the NBA and 3rd-highest in league history. They hit 37.6% from three (5th) and led the league in paint points (58.5), fast-break points (20.1), and at-rim shot frequency. The problem was on the other end — a 116.0 defensive rating (22nd) and 116.9 opponent PPG (25th) meant Denver had to outscore its problems nightly. The +3.9 net rating (9th) tells the story: elite offense, porous defense, and a team that won games through sheer firepower at a brisk 99.8 pace (8th).

Category2024-25 StatNBA Rank
Record50-324th in West
Points Per Game120.83rd
Opponent PPG116.925th
Net Rating+3.99th
Offensive Rating119.94th
Defensive Rating116.022nd
FG%50.6%1st
3P%37.6%5th
FT%77.0%16th
RPG45.74th
APG31.01st
TOV/G14.317th
Pace99.88th

The individual story was, as always, Nikola Jokić. His 29.6 PPG / 12.7 RPG / 10.2 APG triple-double average cemented another MVP-caliber campaign — the kind of season that would win the award in most years. Jamal Murray found his rhythm with 21.4 PPG and 6.0 APG, while Christian Braun emerged as a legitimate two-way starter (15.4 PPG on 58.0% FG). The supporting cast — Michael Porter Jr. (18.2 PPG), Aaron Gordon (14.7 PPG), and Russell Westbrook off the bench (13.3 PPG) — gave Denver the depth to survive the regular season grind despite Gordon missing 31 games due to injury.

2024-25 Postseason

Conference Semifinals

Denver's postseason was a tale of grit and heartbreak. The Nuggets survived a grueling first-round matchup against the Los Angeles Clippers, winning 4-3 in a series that featured three road wins and a dominant 120-101 Game 7 closeout at Ball Arena. Jokić was magnificent throughout, averaging a near-triple-double, and Murray showed flashes of the "Playoff Jamal" magic that fueled the 2023 championship run.

RoundOpponentResultKey Moment
First RoundLos Angeles ClippersW 4-3Game 7 blowout: 120-101 at home
Conference SemifinalsOklahoma City ThunderL 3-4Game 7 loss: 93-125 — OKC dominant

The Western Conference Semifinals against Oklahoma City was a war. Denver took Game 1 on the road (121-119) and battled back from a devastating 149-106 Game 2 loss to push the series to seven games. But the Game 7 collapse — a 93-125 blowout in OKC — exposed the Nuggets' fatal flaw: when the defense couldn't get stops against elite competition, the offense alone wasn't enough. The Thunder's depth and defensive pressure overwhelmed Denver down the stretch, and the season ended with the bitter realization that the 2023 championship core was running out of time.

The exit raised existential questions. Was the window closing? Could Denver fix the defense without sacrificing the offense? And could the front office make the bold moves necessary to get Jokić back to the Finals before Father Time comes calling? The 2025 offseason would provide the answers.

2024-25 Roster Performance

The Nuggets' roster was defined by Jokić's brilliance and the uneven contributions around him. The starting five was elite when healthy, but Aaron Gordon's 31-game absence and Jamal Murray's inconsistent health meant Denver rarely had its best lineup for extended stretches. The bench, led by Westbrook's energy and Strawther's shooting, was serviceable but lacked the defensive punch needed in the postseason.

PlayerPPGRPGAPGFG%3P%GPNotes
Nikola Jokić29.612.710.257.6%41.7%70MVP-caliber, triple-double average
Jamal Murray21.43.96.047.4%39.3%67Co-star, "Playoff Jamal" flashes
Michael Porter Jr.18.27.02.150.4%39.5%77Traded to Brooklyn for Cam Johnson
Christian Braun15.45.22.658.0%39.7%79Breakout season, elite efficiency
Aaron Gordon14.74.83.253.1%43.6%51Missed 31 games, still dominant when healthy
Russell Westbrook13.34.96.144.9%32.3%75Departed — veteran spark off bench
Julian Strawther9.02.21.343.2%34.9%65Young shooter, bench scoring
Peyton Watson8.13.41.447.7%33.0%68Athletic defender, developmental upside

Jokić was, once again, the best player in basketball. His 29.6/12.7/10.2 triple-double average on 57.6% FG and 41.7% from three was historically efficient — a line that puts him in conversation with the greatest individual seasons ever. Murray's 21.4 PPG with 6.0 APG showed he remains a legitimate co-star, but his 67 games played raises durability concerns that haunt the franchise every April. Braun's emergence was the biggest positive development — his 15.4 PPG on 58.0% shooting (the highest FG% among qualified guards) proved he's a cornerstone piece, not just a role player. Porter Jr.'s 18.2 PPG on excellent efficiency was valuable, but the front office ultimately decided his $35M salary could be better allocated — a decision that would define the offseason.

Offseason Moves

New GM Ben Tenzer and new head coach David Adelman inherited a franchise at a crossroads — and they responded with surgical precision. The headline trade sent Michael Porter Jr. and an unprotected 2032 first-round pick to Brooklyn for Cam Johnson, a move that sacrificed long-term scoring for cap flexibility and a better two-way fit. The Jonas Valančiūnas acquisition from Sacramento (for Dario Šarić) finally gave Jokić a reliable backup center. And the veteran minimum signings of Bruce Brown and Tim Hardaway Jr. filled the bench holes that were exposed in the playoff loss to OKC.

MovePlayerDetails
Trade (w/ BKN)Cam Johnson (acquired)For MPJ + 2032 1st — 3-and-D wing, better cap flexibility
Trade (w/ SAC)Jonas Valančiūnas (acquired)For Dario Šarić — reliable backup center for Jokić
Signed (FA)Bruce Brown1yr minimum — returning championship piece, versatile defender
Signed (FA)Tim Hardaway Jr.1yr minimum — floor-spacing sharpshooter off bench
Coaching ChangeDavid Adelman (HC)Promoted from assistant, replacing Michael Malone
Front OfficeBen Tenzer (GM)Promoted to General Manager, replacing Calvin Booth
Two-Way ContractTamar BatesDevelopmental guard depth
Two-Way ContractCurtis JonesDevelopmental guard depth
Departed (trade)Michael Porter Jr.To Brooklyn — $35M salary, uneven playoff defense
Departed (trade)Dario ŠarićTo Sacramento — cleared roster spot for Valančiūnas
Departed (UFA)Russell WestbrookUnsigned — veteran energy, but 36 years old
DepartedDeAndre JordanUnsigned — limited minutes, age decline

The MPJ-for-Cam Johnson trade is the defining move of Denver's offseason. Porter averaged 18.2 PPG on elite efficiency, but his $35.8 million salary was the team's biggest financial burden behind Jokić. Johnson provides 39.0% three-point shooting, better perimeter defense, and critically, ~$17M in cap savings that allowed Denver to sign Brown and Hardaway. The analytics community is split: MPJ's raw scoring output is higher, but Johnson's 3-and-D profile may be a better fit next to Jokić, Murray, and Gordon.

The Bruce Brown reunion is arguably the sneakiest signing of the NBA offseason. Brown was a critical piece of the 2023 championship team — a switchable, high-IQ defender who can guard 1-through-4 and make winning plays. His return on a minimum deal is the kind of move contenders dream about. Valančiūnas solves the backup center problem that has plagued Denver for years — a veteran rebounder and post scorer who can hold the fort while Jokić rests. And Hardaway Jr. adds the off-the-bench shooting that Westbrook's departure left behind.

2025-26 Analysis

Forward-Looking

The 2025-26 Nuggets are a retooled contender with championship DNA: Jokić remains the NBA's best player, Murray is his battle-tested co-star, and the supporting cast has been upgraded for defensive versatility and bench depth. The coaching change from Michael Malone to David Adelman adds an element of uncertainty, but also the promise of fresh energy and tactical adjustments. This roster is built to compete for a title — not in two years, but right now.

Projected Starting Lineup

#PlayerPos2024-25 Key StatsRole
1Jamal MurrayPG21.4 / 3.9 / 6.0, 47.4% FG, 39.3% 3PCo-star, clutch scorer, pick-and-roll maestro
2Christian BraunSG15.4 / 5.2 / 2.6, 58.0% FG, 39.7% 3PTwo-way wing, breakout efficiency, championship pedigree
3Cameron JohnsonSF18.8 / 4.3 / 3.4, 47.5% FG, 39.0% 3P (BKN)3-and-D wing, floor spacer, acquired via MPJ trade
4Aaron GordonPF14.7 / 4.8 / 3.2, 53.1% FG, 43.6% 3PDefensive anchor, connective tissue, switch everything
5Nikola JokićC29.6 / 12.7 / 10.2, 57.6% FG, 41.7% 3PFranchise cornerstone, offensive engine, best player in the NBA

This is one of the most versatile starting fives in the NBA. Every starter shot above 39% from three last season — giving Jokić the spacing he needs to dissect defenses from the post and high elbow. The defensive upgrade is significant: replacing MPJ with Cam Johnson and pairing him with Gordon and Braun gives Denver three switchable, willing perimeter defenders. The concern is scoring volume: MPJ's 18.2 PPG on 50.4% FG doesn't grow on trees, and Johnson will need to maintain his Brooklyn production in a smaller role alongside Jokić and Murray.

Key Bench Players

PlayerPosAgeRole
Bruce BrownSG/SF28Versatile defender, 2023 champion, switchable wing
Jonas ValančiūnasC33Backup center, rebounder, post scorer — Jokić insurance
Tim Hardaway Jr.SG33Bench sharpshooter, instant offense, floor spacer
Peyton WatsonSF/PF22Athletic defender, developmental upside, energy spark
Julian StrawtherSG/SF23Young shooter, bench scoring, 34.9% 3P in year 2
Jalen PickettPG25Backup point guard, ball-handler, playmaker depth

The bench is dramatically improved from last season. Bruce Brown is the most impactful addition — a switchable wing who can guard four positions, make reads in the short roll, and play winning basketball in the fourth quarter. He did it for Denver's championship run in 2023, and his return immediately raises the team's defensive floor. Valančiūnas gives Adelman something Malone never had: a legitimate backup center who can rebound, score in the post, and keep Jokić's minutes manageable during the regular season. Hardaway Jr. provides the microwave scoring Denver lost when Westbrook departed — a career 36% three-point shooter who can torch second units. Watson and Strawther represent the developmental upside, with Watson's athleticism and defensive versatility making him a potential rotation breakout.

Coaching & Scheme

David Adelman takes over as head coach after the departure of Michael Malone, the architect of Denver's 2023 championship. Adelman, promoted from lead assistant, inherits a team that already has an established offensive identity — the Jokić-centric system that produces the NBA's best ball movement and most efficient half-court attack. The offense won't change dramatically; Jokić will remain the hub, running pick-and-rolls with Murray, finding cutters, and orchestrating from the post and high elbow. What Adelman promises to bring is defensive accountability and tactical flexibility. With the addition of Johnson, Brown, and the emergence of Braun, Denver has the personnel to switch 1-through-4 for the first time since the championship season. Adelman has also indicated he'll expand the bench rotation during the regular season — using Valančiūnas strategically to keep Jokić fresh for April. The coaching change is the biggest wild card of Denver's season: Adelman has the right players and the right system, but first-year head coaches in the Western Conference face an unforgiving learning curve.

Projection

Projection systems see the 2025-26 Nuggets as a 53-55 win team and a legitimate championship contender — second in the West behind only OKC, with a deep playoff run expected. The improved bench and defensive personnel suggest this team should be better in April than the 2024-25 version, even if the regular-season win total is similar.

SystemProjected WinsNotes
ESPN BPI~53-55Top-3 in West, improved depth offsets MPJ departure
BetMGM Win Total53.5Over -125 / Under +105
DraftKings54.5Slightly higher, bullish on roster upgrades
Consensus Range~53-55Median across all systems and books
ESPN BPI Wins
~54
Betting Line (O/U)
53.5
Playoff Odds
~97%
Conference Finals
~40-45%
Championship
+650

The 53.5 win total is the sharpest line on the board. The over requires the defensive improvements (Johnson, Brown) to translate immediately and for Gordon to play 70+ games. The under is a bet on the coaching transition causing early-season turbulence and on the MPJ-to-Johnson swap costing more offensive firepower than the defense gains. At 50-32 last season with a weaker bench, 53-54 wins with a deeper roster feels right — but the Western Conference is a gauntlet.

The Betting Angle: Denver at +650 to win the championship is legitimate value for a team with the best player in basketball, a proven playoff co-star, and championship experience. The +400 Northwest Division odds are tricky — OKC is a juggernaut, and the gap between 1st and 2nd in this division may be 8+ wins. The win total over 53.5 at -125 is the best play if you believe the bench upgrades add 3-4 wins over last season's pace. Jokić at +450 for MVP is always worth a look — he's been the best player in the world for three straight years, and the only question is voter fatigue. For a contender of this caliber, the futures prices are remarkably attractive.

Key Risks

1. Coaching Transition Turbulence

David Adelman replaces Michael Malone, the only head coach Jokić has known at his peak. First-year coaches in the loaded Western Conference face a steep learning curve — rotations, timeout management, and late-game decisions take reps to master. If Denver starts 10-12 or 15-18, the narrative shifts quickly from "retooled contender" to "dysfunction." The Malone firing remains controversial within the locker room, and Adelman must earn trust fast.

2. Jamal Murray's Durability

Murray played just 67 of 82 games last season — and his health has been a recurring concern since the 2021 ACL tear. He missed critical regular-season stretches and showed inconsistency in the playoff loss to OKC. If Murray misses 20+ games again, Denver's half-court offense loses its second creator, and Jokić is forced to carry an even heavier load. The Nuggets' title odds are directly tied to Murray's knees.

3. MPJ Scoring Void

Michael Porter Jr. averaged 18.2 PPG on 50.4% FG and 39.5% from three. Cam Johnson is a better defender, but his career-high 18.8 PPG came on a last-place Brooklyn team where he was the primary option. In Denver's offense, Johnson will touch the ball less and may regress to 14-16 PPG. The 4-6 PPG gap between what MPJ provided and what Johnson delivers must come from somewhere — and that "somewhere" isn't obvious.

4. Aaron Gordon's Health

Gordon played only 51 games in 2024-25, missing nearly 40% of the season. At 29, the injuries are becoming a pattern — not a fluke. Denver's defense and connective offense depend on Gordon's versatility. If he misses significant time again, the Nuggets lack a replacement who can guard star forwards, run the floor, and finish at the rim. Gordon's health is the difference between a top-3 seed and the play-in tournament.

5. OKC's Separation in the West

The Oklahoma City Thunder won 68 games last season and are universally projected for 60+ again. Denver's path to a top seed — and home-court advantage — likely runs through OKC, and last year's Game 7 loss exposed the gap between the two teams. If the Thunder separate further, Denver may be locked into the 3-4 seed with a brutal second-round matchup every year. The division is OKC's to lose, and betting against SGA's trajectory is a losing proposition.

Key Upside Scenarios

1. The Defense Becomes Elite

Denver ranked 22nd in defensive rating last season. With Cam Johnson, Bruce Brown, and Christian Braun — three switchable, long defenders alongside Gordon — the personnel is now there for a top-12 defense. If Adelman's scheme clicks and the defense jumps 10 spots, Denver becomes the rare team with a top-5 offense AND a top-12 defense. That profile wins championships. The 2023 title team had a 7th-ranked defense — this roster has the pieces to replicate it.

2. Jokić's Fourth MVP

Jokić's 29.6/12.7/10.2 on 57.6% FG was the most efficient high-volume season in modern NBA history. If he sustains this level — or heaven help the league, improves — a fourth MVP trophy isn't just possible, it's probable. An MVP-fueled 57+ win season changes Denver's ceiling entirely, and Jokić at +450 is a legitimate value play given that he's been the best player on the planet for three consecutive years.

3. Christian Braun Becomes an All-Star

Braun's leap to 15.4 PPG on 58.0% FG was one of the most surprising breakouts of 2024-25. At 24, he's entering his prime with a championship ring, elite efficiency, and a two-way profile that screams All-Star trajectory. If Braun pushes to 18-20 PPG while maintaining his defensive intensity, Denver has a legitimate Big Three — and the contender conversation shifts from "can they keep up with OKC?" to "can anyone beat this team in a seven-game series?"

4. Bruce Brown's Championship Reunion

Brown was the secret weapon of the 2023 title run — a switchable defender who made winning plays in every critical moment. His return on a minimum deal is high-value, and if he recaptures even 80% of his championship form, Denver's bench transforms from a weakness to a strength. Brown's IQ, toughness, and versatility could be the X-factor that separates Denver from the other contenders.

5. Adelman Unlocks a New Gear

Sometimes a coaching change is exactly what a talented roster needs. Adelman brings fresh eyes, new energy, and a willingness to adjust rotations and late-game strategy. If the players respond to the new voice — and early reports suggest the locker room is energized — Denver could find another level. The 2015 Warriors added Steve Kerr and jumped from 51 to 67 wins. Adelman won't replicate that, but the principle applies: a new coach with the right roster can unlock marginal wins that matter.

Northwest Division Landscape

Team2025-26 Proj. WinsDivision OddsKey Factor
OKC Thunder61-63-400Defending champs, SGA MVP frontrunner, deepest roster in West
Denver Nuggets53-55+400Jokić-led contender, retooled roster, championship experience
Minnesota Timberwolves49-51+1600Edwards entering prime, Gobert anchors elite defense
Portland Trail Blazers34-36+20,000Youth development year, exciting young core
Utah Jazz18-20+60,000Deep rebuild, Ace Bailey-led youth movement

The Northwest Division is the best division in basketball at the top and the most separated at the bottom. OKC is the class of the conference — the defending champions with Shai Gilgeous-Alexander, a 62-win projection, and the deepest roster in the West. They are the clear division favorite at -400 and the team Denver must find a way to dethrone. Denver occupies the second tier — a legitimate championship contender with the best individual player in the sport, but likely 8-10 games behind OKC in the standings. Minnesota rounds out the contender class, with Anthony Edwards ascending to superstardom and Rudy Gobert anchoring a top-5 defense.

The division's bottom half is a stark contrast. Portland is in the middle of an exciting rebuild behind Deni Avdija, Shaedon Sharpe, and Donovan Clingan, but the 34-36 win projection puts them firmly in lottery territory. Utah at 18-20 projected wins is deep in the tank — Ace Bailey and Walter Clayton represent the future, but the present is bleak. For Denver, the division schedule is both a blessing (easy wins against Portland and Utah) and a curse (a combined 8 games against OKC and Minnesota that will define seeding). The Nuggets' goal is clear: hold the 2-seed and avoid falling into a first-round matchup with OKC or Minnesota.

Impact Players

6 Key Names

These six players will most directly determine whether the 2025-26 Nuggets can win the championship — or fall short again in the Western Conference gauntlet.

Nikola Jokić

C
The best player in basketball. His 29.6/12.7/10.2 triple-double average on 57.6% shooting is historically unprecedented. Everything Denver does starts and ends with Jokić — he IS the offense, and the ceiling is as high as his conditioning.
Bull Case
30/13/11, 4th MVP, leads Denver to 57+ wins and a Finals berth — best season ever for a center
Bear Case
Fatigue catches up at 30, dips to 25/11/9, coaching transition disrupts rhythm — 50-win ceiling

Jamal Murray

PG
The co-star whose health determines Denver's ceiling. "Playoff Jamal" is a real phenomenon — 26.1 PPG in the 2023 Finals — but his 67-game seasons and post-ACL durability remain the franchise's biggest concern.
Bull Case
23/4/7, plays 75+ games, healthy for playoffs — Jokić-Murray PnR is the NBA's best action
Bear Case
Misses 20+ games, 18/3/5 when playing, fades in playoffs — Denver seeks a trade deadline upgrade

Cameron Johnson

SF
The MPJ replacement. Johnson's 18.8 PPG and 39.0% from three in Brooklyn was impressive, but he's never played on a contender as a starter. His ability to space the floor, defend, and accept a reduced role defines Denver's ceiling.
Bull Case
16/5/3, 41% 3P, elite defender — perfect 3-and-D fit that makes Denver's starting five the best in the NBA
Bear Case
Regresses to 12/3/2, struggles in reduced role, 35% 3P — MPJ trade looks like a mistake

Aaron Gordon

PF
The connective tissue. Gordon does everything that doesn't show up in box scores — switches onto guards, finishes lobs, pushes transition, and makes the Nuggets' defense functional. The problem is he played only 51 games last season.
Bull Case
16/6/4, plays 75+ games, All-Defensive consideration — Denver's most important non-Jokić player
Bear Case
Misses 25+ games again, defensive anchor gone — Nuggets slide to 6-7 seed without him

Christian Braun

SG
The breakout star. Braun's 15.4 PPG on 58.0% FG was one of the most efficient seasons by a guard in NBA history. He's 24, has a championship ring, and his upside is All-Star caliber if the scoring continues to grow.
Bull Case
19/6/3, 40% 3P, All-Star conversation — Denver has a legitimate Big Three
Bear Case
Regression to 13/4/2, efficiency drops with usage increase — 2024-25 was the peak, not the floor

Bruce Brown

SG / SF
The championship reunion. Brown was the missing piece of Denver's 2023 title run — switchable, smart, and fearless. His return on a minimum contract is the definition of value, but he's two years removed from his best basketball.
Bull Case
12/4/3, anchors the second unit, playoff minutes — culture setter who raises Denver's floor
Bear Case
8/3/2, can't recapture 2023 form, limited impact — nostalgia signing, not a difference-maker

Bottom Line

The 2025-26 Nuggets are a legitimate championship contender — not because of addition by subtraction, but because of addition by optimization. Trading MPJ's scoring for Cam Johnson's versatility, reuniting with Bruce Brown's championship DNA, adding Valančiūnas's reliability behind Jokić, and trusting David Adelman to bring fresh energy to an established system is a calculated bet on roster balance over raw talent. The projection systems see 53-55 wins with a ~97% chance of making the playoffs, a ~40% shot at the Conference Finals, and +650 championship odds. The floor is a 48-win team that exits in the second round — again. The ceiling is a 57-win juggernaut that rides Jokić, a healthy Murray, and a revamped defense back to the NBA Finals.

Win Total O/U
53.5
BetMGM · Over -125
NW Division
+400
Behind OKC (-400)
Championship
+650
BetMGM · 2nd tier
Jokić MVP
+450
Voter fatigue risk

For bettors, Denver is the most interesting team on the futures board. The championship at +650 is the headline play — you're getting a team with the best player alive, a proven playoff co-star, championship experience, and a deeper supporting cast than any Jokić team has ever had, at 6.5-to-1 odds. The win total over 53.5 at -125 is the safer bet: the bench upgrades alone should be worth 3-4 wins, and Jokić's track record of carrying teams to 50+ wins is ironclad. Jokić for MVP at +450 is the ultimate value play if you believe the voters will reward sustained greatness. The division at +400 is dead money — OKC is too good, and the Nuggets aren't catching them in the regular season. But the championship? In a seven-game series, no one wants to face Nikola Jokić. And until someone proves they can beat him four times in April, Denver at +650 remains one of the best bets on the board.