Overview
- Denver matched Oklahoma City's two-year, $12 million offer sheet for restricted free agent Spencer Jones, a decision sources reported late Sunday.
- The offer sheet is fully guaranteed and was structured as roughly $6 million in year one and $5.75–6 million in year two as reported by salary analysts.
- Matching Jones raises Denver's projected luxury-tax bill by about $32 million and pushes the franchise above the NBA's punitive second tax apron, which brings steeper penalties and narrower roster rules.
- Oklahoma City is returned to an open 15th roster spot and retained cap flexibility, while Denver must now navigate restricted free agent Peyton Watson under tighter trade and signing constraints.
- Denver prioritized Jones because he grew from a 2024 two-way signee into a rotation wing who averaged 5.5 points and 3.3 rebounds in 64 regular-season games and shot an extremely high percentage from three in a small playoff sample.