The 2026 offseason is winding down for the Denver Nuggets, and after resolving the Peyton Watson situation and signing veteran wing DeMar DeRozan, the team's identity for the 2026-27 campaign is finally taking shape. Now that the roster is largely settled, it becomes easier to gauge what the Nuggets can achieve—though opinions vary on whether they have actually improved this summer.

Key departures include Watson, Tim Hardaway Jr., Bruce Brown, and Jonas Valanciunas. In their place come DeRozan, Marvin Bagley, Alpha Diallo, and Trevon Brazile. The starting lineup remains unchanged, which means the Nuggets are unlikely to fall off a cliff. But the question lingers: Did they get better? ESPN's NBA insiders seem to think not. They project Denver to finish third in the Western Conference with a 51-31 record, three fewer wins than last season's 54-28 mark.

Looking at the projected West playoff picture, the San Antonio Spurs lead the way at 62-20, followed by the Oklahoma City Thunder at 60-22. Then come the Nuggets and Houston Rockets, both at 51-31, with the Minnesota Timberwolves (50-32), Los Angeles Lakers (45-37), Portland Trail Blazers (43-39), and Phoenix Suns (42-40) rounding out the top eight. The Golden State Warriors and Utah Jazz are projected well below .500.

It is hard to argue that Denver will leapfrog either the Spurs or Thunder. San Antonio and OKC have both made significant moves, and they appear to be in a tier of their own. But the Nuggets should comfortably outperform that 51-win projection. Consider what happened last season: Denver won 54 games despite a staggering list of injuries. Aaron Gordon missed 46 games, Christian Braun 38, Cameron Johnson 28, Peyton Watson 28, and Nikola Jokic 17. That is a combined 157 games lost from key rotation players. The preferred starting lineup played together only 23 times—and ten of those came in the first 11 games of the season. Factor in a first-year head coach, and the fact that the Nuggets still won 54 games is remarkable.

Now, with the expectation of better health, the outlook brightens. Losing Watson and Hardaway stings, but Jokic, Jamal Murray, and Gordon are all playing at career-best levels. When healthy, that trio alone can carry the team to 55-plus wins, regardless of the supporting cast. Christian Braun is primed for a bounce-back year after an injury-plagued season, while Cameron Johnson should continue to provide consistent two-way play. The starting unit remains one of the NBA's best.

The bench, once a major concern, now has a different complexion. DeRozan brings scoring punch and veteran savvy, and he will be surrounded by improved defenders. That should alleviate previous worries about depth. The Nuggets still need to prove they are legitimate title contenders—but the foundation is solid. A win total closer to 55 or 60 seems more realistic than 51.

In short, the ESPN projection underestimates Denver's resilience and upside. The Nuggets have kept their core intact, added a proven scorer, and should benefit from normal regression in injury luck. Expect them to push for the top of the West, even if the Spurs and Thunder remain the favorites.