Spencer Jones and the Oklahoma City Thunder have agreed to a two-year, $12 million offer sheet.

The Denver Nuggets will have the opportunity to match the offer sheet as Jones is a restricted free agent.

Jones appeared in 64 games last season with the Nuggets, averaging 5.5 points and 3.3 rebounds in 22.1 minutes while shooting 39.6 percent on three-point shooting.

The Nuggets also have Peyton Watson in restricted free agency this offseason.