The Denver Nuggets are matching the two-year, $12 million offer sheet Spencer Jones signed with the Oklahoma City Thunder. Denver will retain Jones, who became a valuable rotation player for them last season.

Matching the offer sheet for Jones will push the Nuggets over the second apron. Denver still has Peyton Watson's status unresolved, as the forward remains a restricted free agent.

Oklahoma City will remain under the second apron by $6.9 million. The Thunder will also retain the use of the full Taxpayer MLE, which is valued at nearly $6.1 million.