What happened: Spencer Jones will earn $6 million in Year 1 and $5.75 million in Year 2. He holds trade-consent rights this season and cannot be moved to the offer-sheet club.
Why it matters: Second-apron status limits roster flexibility and makes subsequent payroll decisions more costly. Jones' consent right also narrows the available trade paths for this season.
By the numbers: The two-year contract totals $11.75 million. Jones' salary declines by $250,000, or 4.2%, in Year 2, while the current tax penalty stands at $68 million.
What to watch: Further roster moves will determine whether the tax penalty and second-apron status remain in place.