Stein’s Latest: Valanciunas, Horford, Ham, Suns, Reid, More

After reporting on Saturday that the Nuggets plan to go through with their trade for Jonas Valanciunas despite the veteran center’s interest in signing with EuroLeague club Panathinaikos, Marc Stein of The Stein Line reiterates in his latest Substack post that Denver’s front office is “determined to enforce” Valanciunas’ contract and “optimistic” the Lithuanian big man will be a Nugget in 2025/26.

As Stein explains, even if Valanciunas agreed to give back his entire $10.4MM salary for next season in a buyout, which would give the Nuggets enough cap space below the luxury tax line to use the full mid-level exception, Denver still wouldn’t have an easy way to find another backup center, with most of the top free agents already off the board.

Having access to the full MLE would theoretically give the Nuggets the ability to offer a lucrative contract to Al Horford, who is still a free agent, but Stein continues to hear the 39-year-old big man is “destined” to sign with the Warriors, who can currently only offer him the taxpayer version of the MLE.

Valanciunas doesn’t have the ability to unilaterally terminate his contract, and the Nuggets don’t have to accept a buyout even if he did forfeit his entire salary, Stein notes. One source Stein spoke to said a resolution remains uncertain but acknowledged that Valanciunas might have to remain with Denver despite his apparent desire to return to Europe.

Here’s more from Stein:

  • The Suns and Knicks are both looking for a top assistant coach and have expressed interest in trying to lure Darvin Ham away from the Bucks, per Stein. However, Milwaukee is “determined to keep” Ham unless he gets the chance to become a head coach again elsewhere. Stein points out that joining Phoenix or New York would be a lateral move for Ham, since he’s already the Bucks’ top assistant, and says Milwaukee “loves having Ham back” after his two-year stint as the Lakers’ top coach.
  • The Grizzlies are another team in search of a No. 1 assistant under new head coach Tuomas Iisalo, Stein adds.
  • Before trading for Mark Williams and drafting Khaman Maluach, the Suns tried to pursue a sign-and-trade with the Timberwolves for Naz Reid, according to Stein, who writes that Reid’s new five-year, $125MM contract with Minnesota is believed to have played a factor in Myles Turner‘s decision to leave the Pacers for the Bucks in free agency. Indiana reportedly never offered Turner a deal as lucrative as Reid received from the Wolves.
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