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Nuggets Trade for Jonas Valanciunas on Hold as Greek Club Makes Three-Year Offer

It remains unresolved as the veteran ponders a three-year offer that hinges on a buyout Nuggets are unlikely to approve.

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Overview

  • Denver and Sacramento agreed to swap Jonas Valanciunas for Dario Saric but cannot finalize the deal until the new league year begins on July 6.
  • Panathinaikos Athens has reportedly offered Valanciunas a three-year, roughly $14 million contract that would guarantee long-term security.
  • Valanciunas is owed $10.4 million under his existing NBA contract and must secure a buyout before signing overseas.
  • With Nuggets holding his rights after the trade and little incentive to facilitate a buyout, his immediate status in Denver remains unsettled.
  • Resolution of Valanciunas’s decision will define Denver’s backup-center plans behind Nikola Jokic and could unlock additional offseason salary-cap flexibility.