The Nuggets will convert Spencer Jones‘ two-way contract to a standard deal covering the rest of the season, reports Shams Charania of ESPN (Twitter link).
Jones’ promotion to the 15-man roster had been expected long before he reached his limit of 50 active games earlier this month. With nearly all of Denver’s top players missing time due to injuries this season, Jones has emerged as an important part of the rotation, starting 34 games and averaging 23.6 minutes per night.
The second-year small forward has posted relatively modest numbers, including 6.0 points and 3.1 rebounds per game. However, he has been efficient on his limited shot attempts – 50.5% from the floor and 41.4% on three-pointers – and has provided solid, versatile defense on the wing for a team with championship aspirations.
Jones suffered a concussion on February 4 and missed the last three games before the All-Star break, which is one reason why he wasn’t promoted to Denver’s standard roster a little earlier. The Nuggets also likely would’ve preferred to work out a multiyear deal with the 24-year-old.
However, as Bobby Marks of ESPN points out (via Twitter), Denver had limited flexibility below the luxury tax line to offer Jones the sort of first-year salary that would make him comfortable adding a team-friendly second year to his new deal. The Nuggets were operating just $1.8MM below the tax.
As a point of comparison, the Sixers had to give two-way standout Dominick Barlow $3.4MM two weeks ago in order to include a second-year team option on his new contract.
Instead, it appears Denver will unilaterally convert Jones’ deal to a rest-of-season, minimum-salary contract, which will make him eligible for restricted free agency at season’s end. As Charania notes (via Twitter), if Jones makes seven more starts, he’ll meet the “starter criteria” for RFAs-to-be, making him eligible for a $5.9MM qualifying offer. It’ll be worth keeping an eye on whether the team lets him reach that 41-start threshold, since it would make his free agency a little more complicated for the cap-strapped Nuggets.
Denver has two openings on its 15-man roster, so it will still have one spot available after Jones is promoted, as well as a newly opened two-way slot.