What happened: Jones agreed to Oklahoma City's offer sheet on July 25, triggering Denver's matching rights. Denver landed the undrafted forward in 2024 and converted him to a standard NBA contract in February.
Why it matters: Denver preserves a rotation option for 2026-27 while preventing Oklahoma City from adding the restricted free agent. The decision also increases the Nuggets' projected luxury-tax costs.
By the numbers: Jones averaged 5.5 points, 3.3 rebounds and 0.8 assists across 64 games in 2025-26 while shooting 39.6% from 3-point range.
What to watch: Denver's remaining offseason moves will shape the final tax bill and Jones's role in the 2026-27 rotation.