Denver just dropped serious cash to lock up Spencer Jones, matching OKC’s two-year, $12M offer — now pushing them into a $68M luxury tax penalty. Jones, a gritty undrafted standout from Stanford, exploded in his final season: 64 games, 37 starts, 5.5 PPG, 3.3 RPG, and elite shooting (50% FG, 39% 3PT) — especially clutch in the playoffs when Aaron Gordon was out. With the Nuggets quiet this offseason due to payroll, they’re now eyeing Peyton Watson, rumored to want $25M/year, possibly via sign-and-trade.

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