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[SPORTS] · United States · 17 sources

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Denver Nuggets match Thunder’s $12 M offer sheet for Spencer Jones

The Oklahoma City Thunder submitted a two‑year, fully guaranteed $12 million offer sheet for Spencer Jones, a restricted free‑agent forward drafted by Denver in 2024. Under NBA rules the Denver Nuggets had a 48‑hour window to match the contract and retain Jones, which they did.

By matching the offer, the Nuggets’ projected luxury‑tax liability will jump from roughly $36 million to about $68 million, pushing the franchise into the league’s second‑apron tier. The move adds financial pressure to an organization already dealing with the pending restricted‑free‑agent Peyton Watson, who is expected to seek a contract in the $25‑30 million‑per‑year range.

Jones entered the season averaging 5.5 points per game and shooting just over 40 % from three‑point range in the regular season, shooting 69 % in the playoffs. Retaining him preserves a versatile wing for the defending champion team but forces Denver to balance roster depth against a substantially higher tax bill.

Entities

Denver Nuggets · Nikola Jokic · Oklahoma City Thunder · Peyton Watson · Spencer Jones

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