Denver Nuggets restricted free agent Spencer Jones has agreed to a two‑year, $12 million offer sheet with the Oklahoma City Thunder, according to Adam Godes of ADS Sports. The deal is fully guaranteed, and Denver has until 11:59 p.m. ET on Sunday to match the Thunder’s offer. If the Nuggets decline to match, Jones will join Oklahoma City for the upcoming season.

Jones was a key contributor for Denver last season, shooting an NBA‑best 69.2% from three‑point range during the playoffs and averaging 5.5 points and 3.3 rebounds in 64 regular‑season games (37 starts) in 2025‑26. His shooting prowess made him a valuable asset off the bench, and the Thunder see him as a floor‑spacer who can complement their young core.

The Nuggets are juggling multiple restricted free agents, including Jones and Peyton Watson, while managing rising luxury‑tax bills. Matching the offer would keep Jones in Denver but add to the franchise’s payroll pressure. If Denver lets the offer stand, Jones will conclude his two‑year stint in Colorado and begin a new chapter with the Thunder.