Nuggets To Decline 2024/25 Team Option On Vlatko Cancar

The Nuggets have decided to decline their 2024/25 team option on Vlatko Cancar, a source tells Bennett Durando of The Denver Post (Twitter links).

However, it sounds like there’s mutual interest in a reunion.

As Durando observes, the Nuggets are declining the $2,346,606 option due to luxury tax concerns. But if Cancar re-signs with Denver on a minimum-salary deal, he would project to make $2,432,511 in ’24/25 while the Nuggets would carry a cap hit of $2,093,637.

Durando believes the 27-year-old is “likely” to return to the Nuggets on a one-year, veteran’s minimum contract.

Cancar missed the entire ’23/24 season after tearing the ACL in his left knee last summer. As Durando notes, Cancar has been preparing to play with the Slovenian national team ahead of the country’s Olympic qualifying tournament, which takes place early next month in Greece.

A former second-round pick who was stashed overseas for a couple years before coming stateside in 2019, Cancar averaged 5.0 PPG and 2.1 RPG on .476/.374/.927 shooting in 60 games (14.8 MPG) in ’22/23, when the Nuggets won their first championship.

The full list of team option decisions for next season can be found right here. June 23 was the deadline for Denver’s decision on Cancar, but most other decisions aren’t due until June 29.

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