The Nuggets matched the Thunder's 2-year, $11.8 million offer to retain Spencer Jones.

July 27 - According to NBC Sports, the Denver Nuggets have decided to match the Oklahoma City Thunder 's two-year, $ 11.8 million contract offer for Spencer Jones .

According to a previous report by ESPN reporter Shams Charania , the Thunder offered a contract to restricted free agent Jones, which the Nuggets ultimately matched.

This 2.01 - meter forward possesses excellent one-on-one defensive skills, boasting a 39.6% three-point shooting percentage last season and starting 37 games for the Nuggets. In Game 5 of the playoff series against the Timberwolves, Jones scored 20 points, helping his team secure a crucial victory.

However, this contract extension also puts significant salary cap pressure on the Nuggets. According to ESPN salary expert Bobby Marks , simply matching Spencer Jones ' offer raised the team's luxury tax bill from $ 36 million to $ 68 million. If Payton Watson accepts the qualifying offer worth $ 6.5 million, the Nuggets are expected to incur at least $ 112 million in luxury tax.

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