Nuggets match Thunder's offer for Spencer Jones amid Hawks' pursuit of Watson

The Denver Nuggets matched the Oklahoma City Thunder's two-year, $12 million offer sheet for Spencer Jones on July 26. This decision extends Denver’s projected tax penalties significantly. The Nuggets now face a possible $231 million tax bill if they re-sign Peyton Watson for $23 million. The Hawks, Bucks, and Clippers have expressed interest in Watson, who seeks a contract of $25 million or more. Atlanta has become hard-capped at the first apron due to earlier trades, making a sign-and-trade necessary for their pursuit of Watson.

• 3:52 AMYahoo Sports — Hawks' Peyton Watson Path Didn't Get Easier With Nuggets' Spencer Jones Match