Nuggets Match Spencer Jones' $12 Million Offer, Triggering $68 Million Tax Bill
Updated
Updated · Bleacher Report · Jul 27
Nuggets Match Spencer Jones' $12 Million Offer, Triggering $68 Million Tax Bill
3 articles · Updated · Bleacher Report · Jul 27
Summary
Denver matched Oklahoma City’s two-year, $12 million offer sheet for restricted free agent Spencer Jones just before Sunday’s deadline, keeping the forward on its roster.
That decision pushed the Nuggets into the NBA’s second apron and left them facing a $68 million luxury-tax penalty.
Jones, 24, played 64 games and started 37 in 2025-26, averaging 5.5 points and 3.3 rebounds while shooting 39.6% from 3-point range.
His value rose in the playoffs when Aaron Gordon missed time, with Jones scoring 6.5 points on 68.4% shooting across six games.
Denver’s quiet offseason has been shaped by financial limits, and matching the offer preserved much of last season’s roster when the alternative was likely only a veteran-minimum replacement.