Nuggets point guard Reggie Jackson is picking up his $5.25 million player option for the 2024-25 season as expected, a league source confirmed to The Denver Post. Jackson, 34, will return for the second and final year of his contract. He came to Denver in February 2023 after reaching a contract buyout with the Charlotte Hornets and won his first career NBA championship five months later as a reserve for his hometown team.