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Reports: Nuggets match Thunder’s offer sheet to F Spencer Jones

By Thomson Reuters Jul 26, 2026 | 11:25 PM

The Denver Nuggets are matching the Oklahoma City Thunder’s two-year, $12 million offer sheet on forward Spencer Jones ​ahead of Sunday night’s deadline, ‌ESPN reported.

The Thunder had offered Jones, a restricted free agent, the fully-guaranteed contract on Saturday, and the Nuggets had until 11:59 p.m. ET ‌on ​Sunday to keep the ⁠25-year-old.

Denver had signed ⁠the undrafted free agent out of Stanford to a two-way contract in 2024 and converted it into a regular ​contract in February.

Jones averaged 5.5 points, 3.3 rebounds and 22.1 minutes in ⁠64 regular-season games (37 starts) ⁠last season. He shot 50.4% (132 ​of 262) from the field. He started ​three of six playoff games for the ‌Nuggets and averaged 6.5 points, 2.0 rebounds and 24.2 minutes.

For his career, Jones averages 4.5 points, 2.7 rebounds and ⁠18.4 minutes in 84 regular-season games (37 starts) over two seasons.

ESPN reported that Denver’s retention of Jones ⁠means ‌a $32 million increase in current ⁠luxury taxes to $68 million and ​entry ‌into the second apron.

The Oklahoman ​reported that ⁠the Thunder have one open roster sport after trading wing Luguentz Dort to the Atlanta Hawks on July 19 and are about $6.9 million under the second apron.

–Field ​Level Media