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Denver Nuggets Secure Valanciunas’ Commitment Despite EuroLeague Pursuit

After fielding a multi-year EuroLeague offer, the veteran center pledged to honor his two-year deal before reporting to Denver following FIBA EuroBasket.

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Overview

  • Denver acquired Jonas Valanciunas from the Sacramento Kings on July 13 in exchange for Dario Saric to bolster interior depth.
  • Panathinaikos extended a three-year proposal and buyout talks, but Nuggets leadership and Valanciunas have affirmed he will fulfill the remaining two years and over $20 million on his NBA contract.
  • On July 21, Valanciunas broke his silence by confirming he is excited to join Denver and committed to competing for a championship.
  • Under FIBA regulations any EuroLeague transfer requires a Nuggets-approved buyout, giving Denver leverage to keep Valanciunas in the NBA.
  • Valanciunas is slated to serve as the primary backup to MVP Nikola Jokic, capping a busy offseason overhaul aimed at strengthening the frontcourt.