This past weekend, Denver Nuggets forward Spencer Jones agreed to a two-year, $12 million offer sheet with the OKC Thunder. The Nuggets went on to match this offer sheet in order to retain the services of Jones, who’d been a restricted free agent. This move, however, will result in “a $32 million increase in current luxury taxes” for the Nuggets as per ESPN’s Shams Charania.
On social media, fans piled on the Nuggets and praised the Thunder front office for what transpired in the Jones situation.
For instance, a tweet from the comedy account Ratioed Sports read: “5D chess. Nuggets are weaker. Well played, Presti”
This past season, Jones played 64 games and averaged 5.5 points and 3.3 rebounds in 22.1 minutes per outing. The decision to match the offer sheet from the Thunder signifies that the Nuggets front office sees a future for the second-year pro out of Stanford.
On the other hand, the $32 million luxury tax increase is a steep price to pay for the Nuggets. Nothing less than a high-quality season from Jones in the 2026-27 campaign will justify this spike.
“Cut Throat Offer Sheet by Presti”: Kevin O’Connor Reacts to Nuggets’ Move to Keep Spencer Jones
In the wake of the Nuggets’ decision to match the Thunder’s offer sheet for Jones, a decision that made them the only second apron team in the NBA, Kevin O’Connor commented on the tough circumstances that Denver now faces.
O’Connor added that the Nuggets have another restricted free agent to handle.
“OKC really put Denver in a tough spot here. Cut throat offer sheet by Presti. And now we wait to find out what happens with Peyton Watson.”
According to insider Brett Siegel, Watson could be asking for a contract worth $28 million or more from the Nuggets this offseason.
READ MORE:
NBA Insider Says Nuggets’ Asking Price for Peyton Watson Was What Utah Got for Walker Kessler
Nikola Jokic Shuts Down Trade Rumors With Unwavering Commitment To Nuggets
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