DNVR Denver Nuggets Podcast
Why has Spencer Jones not been signed to a regular contract yet?
12 Feb 2026
Chapter 1: Why hasn't Spencer Jones been signed to a full contract yet?
you know spencer jones did get a concussion he's been out now for a week i think tomorrow a week and about a week about a week and you know they haven't signed him yet to the deal and we all just kind of assumed well it's the concussion well hold on let's play a couple clips of david adam and the first one is from our friends over at altitude radio this morning
The audio is not sharing?
So nobody could hear that. Yeah. All right. From that clip, basically, David, this is why I don't want to say it because I don't. This is a story that we're reading some tea leaves here in the circumstance. And I don't want to like try to put words in David Adelman's mouth. But one of the things he said was his representation has been talking to management.
Both sides are what they're trying to do what's right for each other. which basically says they're in negotiation on a contract. I think the Nuggets went into this period thinking that the negotiation was kind of clear. We like what you've done. We're going to sign you to a minimum deal, and we'll probably try to tax some years on that. Good job. You'll be on our team now.
Six, seven million dollars guaranteed over the course of three years you're on a minimum. And Denver ducks the luxury tax this year. You go into next year with a role player already on a cheap deal and end the season after that. Win-win for everybody.
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Chapter 2: What role does Spencer Jones play in the Nuggets' current roster?
But it might be the case, and I don't know, but it might be the case that when Adelman lets that slip, and he tried to clarify afterwards, but he didn't walk it back. He just tried to walk around it, if we can't play that audio. But here's what I think.
It's possible, and it would stand to logic to me, that Spencer Jones would look at this and say, I think I'm actually worth more than the minimum. How many guys need a 6'7 athletic defender that can guard multiple positions and can make threes? A lot of teams.
And so I wonder if Denver's now in a pickle. They might be. It's really interesting. It's a really interesting situation. When a guy goes from a two-way contract to a regular deal, I don't think there's ever that much negotiation that happens. It's pretty standard. We're going to bump you up to the standard contract.
I think throughout the season, usually there's pretty good communication between the agent and the team. Everybody's kind of on the same page. And I'm sure that was also the case here. But Spencer Jones isn't your typical two-way guy. Two-way guys never have this much of a role on their team. I mean, he started, what, 30-something games this year.
That's pretty unparalleled compared to the other two-way guys in the league.
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Chapter 3: How does Spencer's concussion impact his contract negotiations?
So, if I'm Spencer Jones' agent, yeah, we've been definitely talking about, you know, what this deal might look like for most of the season. I mean, I don't know when that last conversation might have taken place, but, I mean, this guy is an integral part of this team, and he's also just actually pretty good. So...
I think his agent is maybe just trying to get his client a good deal, and the Nuggets might have went into it thinking we're gonna sign him to X amount.
Well, that amount almost, I wonder how much of a sticking point it is. Really, it's years. If you're Denver, you probably want three years of a cheap deal, because you're like, boom, we've got a minimum guy for a minimum contract for this year and two more, and that gives you some comfort. And they might be looking at it saying, we'd probably prefer a one-year deal or two-year deal.
We'd probably have this one in next year, and then we'll be done. And maybe if you want to go three or more, let's go higher number. And Denver's looking at that going, we literally can't because we set the table for this whole scenario.
I think that you guys both talked about the two main things. One is he's been a starter for so long, so his circumstances are a lot different than the other two-way players in the league. they desperately need him right now, and they continue to be hurt. So he's with the starters. He gets to see himself amongst other players and say, I'm worth more than that.
Second, you talk about the multiple years. That would be incredible for anybody else being in this spot where, hey, I've earned this contract. I'm going to be on this contract. This team wants me. But I'm sure everybody else wants him too, and he looks around and says, this is what I want. He's also a guy that you're not going to be able to ā punk or just put in a bad spot.
He actively uses LinkedIn so he knows what it's like with his colleagues. He gets to see how it is and he's having these deep conversations. I'm sure that him and his agent said, this is not what's best for me right now. I'm going to take a one year and then we're going to see what the market says because he's going to get more. He's an NBA player.
I mean, are we sure he's going to get more? I agree that I think he's a really good player. But there is something, too. One, he hasn't made any money yet. You know, he's been on this two-way. So it's not like he has a bunch of money in his savings at the moment.
I don't know, man. Based on these LinkedIn posts. He might have invested it very wisely.
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Chapter 4: What are the potential sticking points in Spencer Jones' contract talks?
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So usually there's just a security of, yes, I will sign on the bottom line because that gives me, we'll say, $7 million. No matter where my life goes from here, I have $7 million before I'm 25 and I'm in a good spot.
But the other risk could be, well, I think he would sign no matter what this year because I don't think there's anybody in the world that would reject any money and just say, I'm going to stay on my two-way. Now you don't even get to play. If this is the scenario that there is some kind of conflict, the worst I think he would say was that I just want this year. Give me this year.
Now I'm a free agent in the summer. And then Denver will say, well, damn it. That doesn't help us. We just developed you and we're going to have you for this run. That's great. But we're almost certainly going to lose you after that.
Yeah, this is tough, man. This is the type of thing you wish they would have figured out before this moment. They could have. Yeah.
They could have done this in December. Yes. They could have done this in January. It seems like they're really late every time. They did it at the last possible moment to save money, the most money possible. And now it's kind of coming, maybe going to come back to bite them.
We'll see. Yeah, the thing is we hypothesized that maybe they were leaving that roster spot open so they could have more maneuverability around the trade deadline. I think it's still the case. But they didn't do anything with it. No, that's not necessarily true. I think their plan was to sign Spencer Jones and one other player.
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Chapter 5: How does Spencer Jones' performance compare to other two-way players?
the best laid plans, right? But like now they're at the end of it and now they're like, okay, cool. Now let's get your deal done. You just wish that you could just like give him, um, the deal that, uh, Najee has.
Can you imagine if that's the new rule is you could actually switch contracts. We're like, I'm sorry. Sorry, Christian. We're actually going with Peyton.
You're actually going to give that to Peyton. You're now a two way player. Yeah. Um, it is crazy though. Like, I have no doubt that this will be resolved. But at this moment, you hope that the reason he's not playing tonight is truly only because of the concussion and not also because of this.
Because the Nuggets are in this kind of precarious position where a night like tonight, like you alluded to, you have to win this.
This is suddenly like a big game. You know what I would do if I was an agent talking to a Cronky or just any other billionaire? I would come in with, let's just say... 5,000 pieces of rice, and I would put it on the table. And I would say, hey, all I'm asking for is all of your rice. All I'm asking for is, and you take out three.
33 grains of rice? Two. Yeah, yeah.
This is all that we're asking for of what you have.
What you could do is just a more apt way to do it is just show a map of the United States and then show all of the territory that they own and be like, we want one acre.
This park. The park that is in the middle of this neighborhood is all we're asking for right here.
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Chapter 6: What are the implications of a one-year versus multi-year contract for Spencer?
Because at the end of the day, that's what we really care about. We want the flexibility for future years.
We want to save as most money as possible. Yeah, we're trying to buy more franchises over here.
Yeah, well, what can you do?