Nuggets signs two-way guard after converting Spencer Jones’ contract

The Denver Nuggets continue to make adjustments to their rotation in the midst of another postseason push. The latest move comes in the form of former Charlotte Hornets guard KJ Simpson, who joins on a two-way contract.

Simpson comes in the place of Spencer Jones, who was earlier converted to a standard contract and will become a restricted free agent in the summer, per Shams Charania.

The Nuggets are planning to sign former Charlotte Hornets guard KJ Simpson to a two-way NBA deal, sources tell ESPN. Simpson averaged 7.3 points and 21.3 minutes over 50 games in 1 ½ seasons in Charlotte. He takes Spencer Jones' slot after Jones is converted to a standard deal. https://t.co/X4ZUkcGzzA

— Shams Charania (@ShamsCharania) February 19, 2026

Jones’ promotion was largely procedural but performance-earned. The 24-year-old has emerged as a reliable rotation wing during an injury-riddled stretch, starting 34 of 46 games while averaging 6.0 points, 3.1 rebounds and 23.6 minutes per game.

His 41.4% three-point shooting and 50.5% overall field goal percentage have made him a low-usage but highly functional spacer within Denver’s offense. More importantly, Jones’ defensive impact means that he is ranked 24th in defensive rating (118.1).

The Nuggets are set to sign former Hornets guard KJ Simpson to a two-way NBA contract, per @ShamsCharania. pic.twitter.com/IMZHp1SlZk

— ClutchPoints NBA (@ClutchPointsNBA) February 19, 2026

The contract conversion also solves a roster compliance issue. Denver had dropped to 13 standard contracts following the trade of Hunter Tyson, leaving the Jones promotion as the most straightforward method of meeting the league’s 14-player minimum.

The Nuggets still retain one open roster spot, with Jones’ current deal also allowing the franchise some important financial wiggle room. Denver is already projected to exceed $200 million in salary commitments next season and has added some much-needed depth.

Jones began the year on a two-way contract, which normally leads to a lower qualifying offer after conversion to a standard deal. However, as he has already started 34 games, the 24-year-old is close to reaching the league’s starter threshold.

Regardless, Simpson averaged 7.3 points, 2.8 rebounds and 2.9 assists in 21.3 minutes across 50 NBA games with Charlotte before being waived. His G League production has been notably stronger, posting 18.4 points, 5.5 rebounds and 4.6 assists with Greensboro, suggesting considerable offensive potential.

Picked 42nd overall in the 2024 NBA draft by the Charlotte Hornets, Simpson did not feature in a single game for the Hornets since the start of the campaign and will be itching to get his first taste of NBA action in the current campaign.

The post Nuggets signs two-way guard after converting Spencer Jones’ contract appeared first on ClutchPoints.