Denver Nuggets forward Spencer Jones details his annual financial savings plan

Denver Nuggets forward Spencer Jones recently outlined his plan to allocate the $6 million annual salary from his two-year contract. After accounting for taxes, agent fees, and jock taxes, Jones estimates his take-home pay is approximately $3.3 million. He intends to limit his annual living expenses to $100,000, citing that his travel, meals, and gear are already covered as an NBA player. The remainder of his income is slated for venture capital investments, index funds, savings, and philanthropy. Jones signed the contract after the Nuggets matched an offer sheet earlier this summer, following a 2025-26 season where he averaged 5.6 points and 3.2 rebounds over 70 games. The forward stated his financial strategy focuses on building long-term freedom rather than expanding his lifestyle to match his earnings.

• 12:13 PMYahoo Sports — Spencer Jones Reveals How He Plans To Spend His $6 Million Salary: Just $100K On Living Expenses