Spencer Jones isn’t going anywhere just yet.

A little more than an hour before the the 10 p.m. Sunday deadline, the Nuggets agreed to match the two-year, $12 million offer sheet that the 25-year-old restricted free agent signed with Oklahoma City.

Matching the offer takes Denver into the second apron of the luxury tax, and that’s before Peyton Watson’s restricted free agency gets settled. With Jones on the books, Denver’s tax bill jumped from $36 million to $68 million. The Nuggets could still make a trade to shed salary and get out of the aprons over the course of the upcoming season. For the time being, Denver will be subjected to the second-apron penalties, which makes a sign-and-trade move involving Watson more complicated.

The Nuggets still have a couple of standard roster spots to fill and two open two-way contracts. Denver opted to leave one standard spot open to start last season before Jones graduated from a two-way contract to a standard deal for the remainder of the season.

Jones averaged 5.5 points and 3.3 rebounds last regular season. He started three of the Nuggets’ six playoff games and saw significant time during the regular season when Aaron Gordon was sidelined with an injury.

It was quite the leap for Jones, who went undrafted after five seasons at Stanford. He played in 20 games for the Nuggets in his first professional season, averaging 6.3 minutes per game. Last season, he played more than 22 minutes per game in the regular season and just over 24 minutes per game in the playoffs.

The Thunder, who traded Luguentz Dort earlier this offseason, reached an agreement with Jones, another versatile defender, over the weekend. The Nuggets took their time but ultimately decided to keep the former two-way standout in Denver instead of letting him join a division rival.