Spencer Jones Prioritized Optionality Over Stability In Contract With Nuggets

Denver Nuggets wing Spencer Jones said he deliberately negotiated for restricted free agent status this offseason rather than accepting greater long-term security when converting from a Two-Way deal to a standard contract.

The Nuggets were willing to offer the undrafted 2024 Stanford product a longer commitment at a team-friendly salary. Jones passed, opting instead to preserve his leverage heading into the offseason.

"It was preferred this way. I kind of wanted the optionality," Jones said. "I love Denver. But I just wanted to keep the optionality open. I was happy they were able to let me do that. I'm really happy with the decision. Like I said, I love it here. Definitely want to stay here."

Jones acknowledged that his restricted free agent status could draw an offer sheet from another team or strengthen his negotiating position with Denver directly. His emergence as a reliable 3-and-D rotation player, shooting 41.5% from three point range in 23.4 minutes per game, gives him a credible case in either scenario.

With Aaron Gordon and Peyton Watson nearing returns from injury, Jones is unlikely to accumulate the seven additional starts needed to trigger starter criteria that would raise his qualifying offer above $5 million.

"It's great to not have that little asterisk with the two-way anymore," Jones said. "To fully feel like you're part of the team."

Jones is represented by Adam Godes.