What happened: Oklahoma City signed Spencer Jones to the offer sheet in restricted free agency. Denver exercised its matching right before the midnight Sunday deadline.
Why it matters: Keeping Jones adds $32 million in projected tax and makes Denver the NBA's only current second-apron team. The final tax bill is determined at season's end, leaving room to shed salary through in-season trades.
By the numbers: The contract averages $6 million per season; Denver's projected tax bill rises 88.9%.
What to watch: Watch whether Denver moves salary during the season to lower its tax bill and exit the second apron.