2026 Free Agency

Reports: Spencer Jones signs offer sheet with Thunder

Nuggets have until midnight on Sunday to match Thunder's offer for sharpshooting wing.

Spencer Jones led all eligible players with a 69.2% shooting percentage from 3-point range in the playoffs.

After an offseason of trades, the Oklahoma City Thunder are reportedly looking to add to their bench depth.

ESPN’s Shams Charania reports that Denver Nuggets restricted free agent Spencer Jones signed an offer sheet with the Thunder worth $12 million over two years on Saturday. The deal is reportedly fully guaranteed, and Denver now has until the end of the day on Sunday to match the deal and keep Jones or let him join OKC.

Jones carved out a solid role for himself down the stretch with the Nuggets, averaging 5.5 points on 50.4% shooting during the regular season while starting 37 games. He saw his averages go up to 6.5 points over 24 minutes in the playoffs, shooting 69.2% from 3-point range in a six-game series against the Timberwolves.

The 6-foot-7 forward is the first new reported free agency addition for the Thunder, who have re-signed their own players in Isaiah Hartenstein and Kenrich Williams this offseason but otherwise have made trades to send Aaron Wiggins and Lu Dort to the Hawks and Isaiah Joe to the Pistons for draft picks.

The Nuggets will have just over 24 hours to make a decision on Jones, who joins Peyton Watson as key restricted free agents for the team. Denver saw Tim Hardaway Jr. leave to join the Heat earlier this offseason, but brought back Tyus Jones and signed Marvin Bagley III to one-year deals.

NBA.com will have more on this developing story.

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