After re-signing Spencer Jones to a two-year, $12 million deal, the Denver Nuggets have their full attention on restricted free agent Peyton Watson. However, they are seemingly still far from a deal with the 23-year-old wing.
Nuggets forward Peyton Watson, whose market has been limited by his restricted free agency, is giving serious consideration to accepting the team’s $6.5MM qualifying offer and becoming unrestricted next summer, sources tell Marc Stein of The Stein Line (subscriber link).
The Denver Nuggets finally made their decision on Spencer Jones' future in the Mile High on Sunday night. After a three-week wait in free agency and nearly 48 hours after signing his offer sheet with the OKC Thunder, the Nuggets have opted to match that two-year, $12 million deal to keep their 3&D forward around for the next couple of seasons.
Keeping a promising young player usually seems like a simple choice. However, it came with one of the league’s heaviest financial consequences for the Denver Nuggets, who have had a disappointing offseason.
Peyton Watson may be considering the ultimate “bet on yourself” move with his status for next season still uncertain. The Denver Nuggets forward has been one of the most notable free agents this offseason.
An athlete's peak tends to coincide with the youthfulness of their 20s. Sometimes, though, that apex happens when they've had more time to marinate in experience, and that's sometimes true in the NBA.
The Denver Nuggets have found themselves in a difficult financial spot this summer. While it was apparent that the Nuggets would be forced to pay a considerable amount in taxes, the team was committed to finding ways to save enough money to retain Peyton Watson this summer.
The Denver Nuggets are matching the Oklahoma City Thunder's two-year, $12 million offer sheet on forward Spencer Jones ahead of Sunday night's deadline, ESPN reported.
The Nuggets will match the two-year offer sheet Spencer Jones signed with the Thunder, keeping the restricted free agent forward in Denver, according to Shams Charania of ESPN (Twitter link).
Typically, the path to the NBA for most players is to spend at least a season in college to get high-level basketball and important development under their belts.
The Denver Nuggets were hit with a big development over the weekend surrounding one of their two key restricted free agents this offseason, Spencer Jones.
The Oklahoma City Thunder have signed Denver Nuggets forward Spencer Jones to a two-year, $6 million contract that the Nuggets can’t match. The Thunder spent most of the offseason trying to shed salary from their roster to stay under the second apron, trading away the likes of Lu Dort, Isaiah Joe, Kenrich Williams, and Aaron Wiggins.
The Denver Nuggets‘ offseason activity has been centered around Peyton Watson’s restricted free agency. But now they are under pressure from the Oklahoma City Thunder, who submitted a $12 million offer sheet for Spencer Jones.
Spencer Jones garnered attention for his LinkedIn activity following his decision to sign an offer with the Oklahoma City Thunder this offseason. Jones stands out as a restricted free agent, seeing the Denver Nuggets control his contract rights.
In an interesting story for The Ringer, Logan Murdock observes that NBA teams are increasingly targeting young, cost-controlled role players to fill out their rosters in the tax apron era.
The luxury tax continues to weaken the Nuggets’ rotation. Restricted free agent forward Spencer Jones—a key bench player for the Nuggets in 2025-26—has reportedly signed a 2-year, $12 million offer sheet with the Oklahoma City Thunder (per @MikeAScotto).
Restricted free agent forward Spencer Jones has agreed to a two-year, $12MM offer sheet with the Thunder, Michael Scotto of Hoops Hype tweets. The Nuggets will now have 48 hours to decide whether to match it.
The Denver Nuggets haven't made a ton of moves throughout the past few weeks of the offseason. Really, a lot of that is due to the holdup on both of their restricted free agency situations centering around Peyton Watson and Spencer Jones.
An ESPN insider and analyst, Bobby Marks, has raised questions about the Denver Nuggets’ lack of impactful offseason signings. He argues that Nikola Jokic’s extension deal delay may be tied to the team’s potential next season.
Former Denver Nuggets guard Ty Lawson, once a promising point guard in the NBA, found himself in legal trouble again after authorities arrested him on a shoplifting charge in a Denver suburb.
The Denver Nuggets are hoping to make another run to the NBA Finals with the pairing if Nikola Jokic and Jamal Murray. One player who has been drawing trade interest this offseason is Cam Johnson, but the latest reports stated that the Nuggets are hesitatnto move on from Johnson.
The Denver Nuggets came into the offseason with questions surrounding what changes would be made on the team ahead of next season. There was a willingness to do whatever they needed to improve the team, and that meant trading some of their key players.
Could a potential Western Conference contender be setting the table for a splashy offseason acquisition? A roster decision on Wednesday certainly indicates that could be the case.