IMHO, not really. The nuggets basically bounced Gary Harris a couple years ago, because Harris was 3% better than Morris (better D, but couldn't shoot) at multiple x of Monte's salary. Morris was already playing a ton then, but that allowed Morris to basically play starters minutes.
Murray tore his ACL in the spring of 2020 and has missed over a year, which is has screwed Denver for the last two playoff runs, right in the middle of Jokic's prime. Murray was pretty durable before the injury and he's still the best player in the league that hasn't been an all-star imho.
Morris was the starter ever since that happened and has been serviceable, but not spectacular. The Nuggets also likely hit a homerun with PG Bones Hyland in last years draft, so this will clear the way for him to play more.
As a Nuggets fan, and ISU alumni, this blows.