Nuggets match Thunder's offer for Spencer Jones amid Hawks' pursuit of Watson
Yahoo Sports • 1 min read • Latest: Jul 27, 2026, 3:52 AM
Last updated Jul 27, 2026
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.
- •Nuggets matched Thunder's offer for Spencer Jones on July 26.
- •Denver's tax penalty jumps to $68.6 million after the match.
- •Hawks, Bucks, and Clippers are interested in Peyton Watson.
- •Watson reportedly seeks over $25 million annually for his next contract.
- •Atlanta is hard-capped at the first apron following recent trades.
- 3:52 AMYahoo Sports — Hawks' Peyton Watson Path Didn't Get Easier With Nuggets' Spencer Jones Match
"The Nuggets matched Oklahoma City's two-year, $12 million offer sheet on Spencer Jones. Where that leaves Atlanta's pursuit of Peyton Watson.
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