The Cleveland Cavaliers, Denver Nuggets, and Los Angeles Clippers completed a multiteam trade sending Peyton Watson to Cleveland and Max Strus to Los Angeles, sources told ESPN.

As part of the deal, Denver receives an unprotected 2031 Cavaliers first-round pick and a 2032 Sacramento Kings second-rounder. Watson will sign a new four-year, $88 million deal with a player option and trade kicker, according to Klutch Sports CEO Rich Paul and agents Lucas Newton and Calvin Andrews.

The Cavaliers, coming off an Eastern Conference finals appearance, have aggressively retooled their roster this week. They previously traded Dennis Schroder to Charlotte for Tre Mann, making this a five-team deal. The Clippers send a 2027 second-rounder to Cleveland to acquire Strus via a trade exception.

Cleveland also sends Mann, the 2027 second-rounder, and cash to Washington for Cam Whitmore. The Wizards send Julian Reese to Denver, who will waive him. Watson, 23, averaged career highs last season with 14.6 points, 4.9 rebounds, and 41% three-point shooting while starting 40 games for Denver.