Spencer Jones agrees to two-year Thunder offer sheet

Denver faces the call amid rising tax bills.

Wire Report IntelligenceUpdated Jul 261 min read

Jones' $12M deal is fully guaranteed with the Thunder and now the Nuggets have 48 hours to decide to match or not. Denve Via @ShamsCharania on X

What happened: The $12 million contract is fully guaranteed, according to Shams Charania. As a restricted free agent, Jones can remain with Denver if the Nuggets exercise their matching rights.

Why it matters: Denver is also handling Peyton Watson's restricted free agency this offseason, increasing the roster and tax stakes around the decision. If the Nuggets decline, Oklahoma City would add Jones for the upcoming 2026-27 season.

By the numbers: The offer averages $6 million per season over two guaranteed years.

What to watch: The Nuggets have 48 hours to decide whether to match.

Sources

@ShamsCharania 2026-07-25T16:31:58.023534+00:00

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