Thunder Sign Spencer Jones; Nuggets Decide
Restricted free agent Spencer Jones agreed to a two-year, $12 million fully guaranteed offer sheet with the Oklahoma City Thunder, giving Denver a 48-hour window to match by a Sunday deadline. If Denver does not match, Jones would depart for Oklahoma City to add depth as OKC has moved to trim payroll through cost-cutting moves. Jones appeared in 64 regular-season games for Denver last season, averaged 5.5 points and 3.3 rebounds, shot 39.6% from three, and delivered a playoff 3-point mark of 69.2%. The Nuggets are navigating luxury-tax concerns as they balance Jones’s restricted free agency with long-term finances. The Thunder moved below the second apron and used flexibility to extend Jones, potentially filling a key roster spot in their reshaped rotation. A match keeps Jones in Denver under the terms of the offer; a mismatch would mark a notable Western Conference acquisition for Oklahoma City.
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Left· 4 sources
“Spencer Jones agrees to two-year, $12M offer from OKC Thunder, Nuggets have option to match”Denver Post · Jul 25, 2026
Center· 1 source
“Oklahoma City Thunder extend offer sheet to Nuggets free agent Spencer Jones”KOTV - Newson6 · Jul 25, 2026
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