Report: Nuggets' Peyton Watson Considering Nuclear Option Amid Contract Standoff
Denver kept the 25-year-old forward on a two-year, $12 million fully guaranteed deal after Oklahoma City extended the offer sheet, ESPN reported.
- On Sunday, the Denver Nuggets matched the Oklahoma City Thunder's two-year, $12 million offer sheet for restricted free agent Spencer Jones before the 10:59 p.m. CT deadline.
- The Thunder extended the fully-guaranteed deal to Jones on Saturday, triggering a 24-hour clock that forced Denver to evaluate the contract terms and decide whether to retain the rotational player.
- Jones, a Stanford product, posted 6.5 points and shot 69.2 percent from deep in six playoff games while Aaron Gordon missed time during the 2025-26 campaign.
- Retaining Jones pushes Denver into the second apron, resulting in a $68 million tax penalty, while the Thunder remain roughly $6.9 million under the second apron with an open roster spot.
- The Nuggets now face decisions regarding restricted free agent Peyton Watson, who reportedly seeks a deal worth around $25 million annually; Denver is reportedly open to a sign-and-trade for Watson.
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20 Articles
Report: Thunder Receives Bad News on $12 Million Spencer Jones Signing
The Oklahoma City Thunder’s attempt to add forward Spencer Jones in restricted free agency has come to an end after the Denver Nuggets exercised their right to match the two-year, $12 million offer sheet. The move keeps Jones in Denver and leaves Oklahoma City searching elsewhere to fill its final roster spot ahead of the 2026-27 NBA season. While the Thunder did not land the 25-year-old wing, their offer forced Denver into a costly financial de…
Report: Nuggets' Peyton Watson considering nuclear option amid contract standoff
Nov 29, 2025; Phoenix, Arizona, USA; Denver Nuggets guard Peyton Watson (8) against the Phoenix Suns at the Mortgage Matchup Center. Mandatory Credit: Mark J. Rebilas-Imagn Images Peyton Watson may be considering the ultimate “bet on yourself” move with his status for next season still uncertain. The Denver Nuggets forward has been one of the most notable free agents this offseason. Watson, who showed off star potential at times last season, has…
Reports: Nuggets match Thunder's offer sheet to F Spencer Jones
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