Thunder sign Spencer Jones from Nuggets for two-year contract

Yahoo Sports1 min read • Latest: Jul 26, 2026, 3:37 PM

Last updated Jul 26, 2026

Thunder sign Spencer Jones from Nuggets for two-year contract
Summary

The Oklahoma City Thunder have signed Denver Nuggets forward Spencer Jones to a two-year, $6 million contract, which the Nuggets are unlikely to match due to salary cap restrictions. The Thunder aimed to create space by trading players like Lu Dort and Isaiah Joe throughout the offseason. With the Nuggets facing penalties under the second apron and only $4 million away from its threshold, they may struggle to retain both Jones and fellow restricted free agent Peyton Watson. The Nuggets have a day to respond to the offer, but their ability to match hinges on finding a way to shed salary from their current roster.

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Key Details
  • Oklahoma City Thunder sign Spencer Jones to a two-year deal.
  • Jones' contract is valued at $6 million.
  • Nuggets face challenges matching the offer due to salary cap issues.
  • Thunder made trades to create salary cap space this offseason.
  • Nuggets have one day to respond before losing Jones.
Latest Updates
  • 9:43 PMYahoo SportsThunder Get Bad News on Two-Way Wing After Spencer Jones’ $12 Million Deal
  • 3:37 PMYahoo SportsThunder’s genius way of stealing underrated Nuggets player in free agency
What they're saying
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The Oklahoma City Thunder continued reshaping their roster Saturday by signing restricted free agent Spencer Jones to a two-year, $12 million offer sheet. If the Denver Nuggets decline to match the deal, Jones would join the reigning champions as another versatile wing following the offseason departures of Lu Dort, Isaiah Joe and Aaron Wiggins. While […] The post Thunder Get Bad News on Two-Way Wing After Spencer Jones’ $12 Million Deal appeared first on HEAVY.

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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.

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