Tyus Jones To Sign With Nuggets

As Vinny Benedetto of The Denver Gazette notes (via Twitter), the Nuggets had one opening on their standard roster, and they’ll use it to sign Jones, who was waived by Dallas on Saturday. The 29-year-old retained his playoff eligibility because he was released prior to Sunday’s deadline.

Jones’ deal will cover the rest of the 2025/26 season and he will earn a prorated portion of the veteran’s minimum, reports Bennett Durando of The Denver Post (Twitter link). If the signing is finalized on Monday, Jones will earn $877,209, while Denver will carry a cap hit of $554,273. 

The 24th overall pick in the 2015 draft, Jones is in his 11th NBA season. He’s known for his ability to set up teammates and take care of the ball. The ex-Duke point guard holds career averages of 7.3 points, 4.3 assists, and just 0.8 turnovers in 20.7 minutes per game across 738 regular season appearances for Minnesota, Memphis, Washington, Phoenix, Orlando, and Dallas.

After four-year stints with both the Timberwolves and Grizzlies, Jones has bounced around the NBA in recent years, playing for four teams in the past three seasons. He opened this year with the Magic, having signed a one-year, $7MM deal with the team during the 2025 offseason, but had a disappointing year in Orlando, averaging just 3.1 PPG and 2.6 APG on .349/.281/.875 shooting in a bench role.

Jones was traded to the Hornets at the deadline in what was a salary-dump deal from the Magic’s perspective, allowing them to duck below the luxury tax line. Charlotte subsequently flipped him to the Mavericks in a separate trade.

At the time, reports indicated that Dallas had attempted to sign Jones last summer before ending up with D’Angelo Russell and that they’d be happy to have him on the roster for the rest of the season. Jones appeared in eight games with the Mavs, averaging 3.9 PPG and 3.8 APG on .382/.211/.500 shooting in 16.6 MPG.

However, Jones evidently preferred to catch on with a playoff team, and now he has agreed to join Denver, which won the championship in 2023 and was eliminated in the Western Conference semifinals each of the past two years in a pair of seven-game series.