Jonas Valanciunas

Jonas Valanciunas ‘Fully Committed’ To Honoring Nuggets Contract

After having avoided directly addressing his contract situation in recent weeks, Nuggets center Jonas Valanciunas offered clarity on his plans for the 2025/26 season in remarks to Donatas Urbonas of BasketNews.com on Monday.

“I want to clear the air about my playing situation next season now that Denver has made their decision to keep me,” Valanciunas said. “The idea of playing for Panathinaikos, closer to home, was very exciting to me, but that will have to wait. I am fully committed to honoring my contract with the Nuggets this season and will give it my all to compete for a championship.”

The Nuggets reached a trade agreement with the Kings on July 1 to acquire Valanciunas in exchange for Dario Saric, solidifying their backup center spot behind Nikola Jokic by landing a player they had reportedly coveted in recent years.

However, the Lithuanian big man’s future became a hot topic of discussion a couple days later when word broke that he was close to accepting a three-year contract offer from the Greek team Panathinaikos.

While it initially appeared that a buyout might be in the works for Valanciunas, the Nuggets made it clear they wanted him to play in Denver in 2025/26. They officially pulled the trigger on the trade on July 13, with general manager Ben Tenzer telling reporters this past Friday that the Nuggets had had “great conversations” with the center and his camp and that Valanciunas had expressed excitement about the upcoming season.

In order to play for Panathinaikos or any other non-NBA club, Valanciunas would have to secure his release from his current contract and then get a letter of clearance from FIBA. With the Nuggets unwilling to buy him out, his only option to force the issue would have been to hold out and not report to his new team. His comments today indicate he won’t be taking that route.

Valanciunas’ contract will pay him $10.4MM in 2025/26 and includes a non-guaranteed $10MM salary for the ’26/27 season. He’s expected to play a significant role as part of a revamped second unit in Denver that will also include recently added free agents Bruce Brown and Tim Hardaway Jr.

Nuggets’ Tenzer: ‘No Concerns’ About Valanciunas Reporting To Camp

Speaking to reporters at a press conference on Friday, Nuggets general manager Ben Tenzer said the team has “no concerns” about the possibility of newly added center Jonas Valanciunas not showing up for training camp this fall, per Michael Scotto of HoopsHype (Twitter video link).

“We’ve had great conversations with him,” Tenzer said. “There’s been nothing but healthy conversations in terms of him honoring his contract and him excited to be a Nugget.”

Two days after the Nuggets reached a trade agreement with the Kings early in free agency to acquire Valanciunas in exchange for Dario Saric, the Lithuanian big man’s future became a hot topic of discussion, as word broke that he was close to accepting a three-year contract offer from the Greek team Panathinaikos.

There’s some precedent for a European-born player giving up his entire guaranteed NBA salary in order to secure his release and get FIBA clearance to play for a non-NBA team — Sasha Vezenkov did it just last year. However, the Nuggets were never motivated to let Valanciunas out of his contract, even if he were willing to forfeit his full $10.4MM salary, since they’ve long had their eye on him and view him as an ideal backup for star center Nikola Jokic.

As rumors about Panathianikos continued to swirl, reports indicated that the Nuggets had told Valanciunas’ camp they expected him to honor his contract, and the trade was officially completed this past Sunday. Since then, head coach David Adelman has spoken about how he envisions using Valanciunas, and now Tenzer has publicly confirmed that there are no plans for a buyout.

For his part, Valanciunas hasn’t publicly said he intends to report to the Nuggets and play out the 2025/26 season in the NBA, so it’s possible he could still look to press the issue. But for the time being, all signs are pointing to him being in Denver this fall.

Valanciunas’ contract features a non-guaranteed $10MM salary for 2026/27 in addition to his $10.4MM guaranteed salary for the coming season.

Nuggets Notes: Valanciunas, Adelman, Rotation, Holmes, Wallace

While the Nuggets have made it clear they expect Jonas Valanciunas to honor his contract, which will pay him $10.4MM next season, they also recognize they will need to make a concerted effort to help the Lithuanian center feel “comfortable and content” with the idea of spending (at least) the next year with the team, according to Bennett Durando of The Denver Post.

Valanciunas was reportedly interested in signing a three-year deal with Greek club Panathinaikos this summer but he still has one guaranteed year left on his NBA contract. Denver went through with its trade for Valanciunas and intends to have him on the roster this fall, though it remains to be seen how the 33-year-old feels about that idea, since his public comments haven’t revealed much to this point, Durando notes.

Head coach David Adelman said during a Summer League broadcast that he viewed Valanciunas as a “point center” of sorts. In an interview with Durando, he clarified what he meant.

He’s a bona fide, big-time center over the last decade who you can put in a bunch of different spots all over the floor,” Adelman told The Post. “And when I say ‘point center,’ I mean someone you can play through in the half-court. I don’t envision him getting a rebound and pushing the ball up. I do think some of the things we already do (work with him): playing five-out with back-side dribble hand-offs, playing off the elbows, posting him up against smaller lineups, his ability to make others better.

It’s not the assist numbers that matter to me. It’s his ability to start ball movement through the impact of who he is. So he’s an enormous get. I’m super excited about getting him here, getting him acclimated.”

Here’s more on the Nuggets:

  • From his comments, it seems clear that Adelman envisions Valanciunas having a significant role off the bench. But Adelman told Durando that free agent additions Bruce Brown and Tim Hardaway Jr. will have to earn whatever minutes they receive next season. “Those guys have to compete for spots. That’s new guys included. They all know that,” the coach said. “We’re very excited about some of the things those guys have done through their careers. We expect them to come to compete like they’ve done, and there’s a reason they’ve all played in rotations across the league. But this is going to be an open competition. I hope our young guys understand that. … And all those guys will complement Jonas. It’s gonna be the guys who earn these spots that get to play with him.”
  • Second-year big man DaRon Holmes is back in action at Summer League a year after suffering a torn Achilles tendon, which sidelined him for his entire rookie season. Holmes recognizes it’s going to take him some time to adjust to playing five-on-five again, Durando writes in another story for The Denver Post. “I always see people that are like, ‘Hey, this guy didn’t play well! This guy didn’t!’ It’s Summer League,” Holmes said. “Not even just for me; for all the other athletes out here playing. A lot of the rooks. They’re getting used to it. So it just takes some time. It’s like when you’re first playing when you’re a freshman going into college. That’s how it feels.”
  • Vinny Benedetto of The Denver Gazette details how Nuggets executive vice president of player personnel Jon Wallace made a habit of proving people wrong during his time at Georgetown. Wallace’s former college coach thinks he’s well suited for his new job. “Jon Wallace is a hoop head, who, oh, by the way, is also extremely intelligent, who, oh, by the way, is a connector and understands the dynamics of putting a unit together,” John Thompson III told Benedetto. “He’ll be able to take the owner’s vision and be able to execute that. I think he will do many aspects of the job at a very high level.”

International Notes: Brissett, Valanciunas, Bamba, Micic, Cordinier

Former NBA forward Oshae Brissett has signed with Maccabi Tel Aviv, the Israeli team announced on Tuesday in a press release.

Brissett, who went undrafted out of Syracuse in 2019, has since appeared in 233 NBA regular season games for Toronto, Indiana, Boston, and Philadelphia. His best years came with the Pacers, with whom he averaged 8.1 points and 4.5 rebounds in 20.7 minutes per game across 153 contests from 2020-23.

The 6’7″ forward was a member of the Celtics team that won a championship in 2024, but turned down a minimum-salary player option with Boston last June and had trouble finding an NBA home after that. He spent part of the 2024/25 season in the G League and appeared in just six NBA games, when he signed a 10-day contract with Philadelphia in March.

“It’s great to bring a former NBA champion to Tel Aviv,” Maccabi Tel Aviv general manager Claudio Coldebella said in a statement. “From the beginning he was our first choice. He’s a player who fits our system and his teammates, who can play in various positions, and who, thanks to his athleticism, energy, and desire to compete, is always very useful in many aspects of the game. We can’t wait to welcome Oshae to the Maccabi family.”

Here are more items of interest from around the international basketball world:

  • There’s no indication that a buyout is around the corner for Jonas Valanciunas, whose new team in Denver has made it clear it wants to keep him for the 2025/26 season, writes Donatas Urbonas of BasketNews.com. With Valanciunas appearing increasingly likely to stick with the Nuggets, Panathinaikos is considering alternatives as it looks to upgrade its frontcourt, according to reporting from SDNA (hat tip to Sportando). The Greek team had hoped to sign Valanciunas to a new three-year deal, but that won’t be possible as long as he remains under contract in the NBA.
  • Another one of Greece’s top basketball teams, Olympiacos, is also scouring the market for frontcourt help and is reportedly eyeing former NBA lottery pick Mohamed Bamba, per a Gazzetta.gr report (hat tip to Sportando). The sixth overall pick in 2018, Bamba spent the first half of last season with the Clippers before being traded and waived in early February. He later signed a 10-day deal with New Orleans in March.
  • After being formally bought out by Milwaukee earlier this month, Vasilije Micic is now officially a free agent, but his plans for next season still haven’t come into focus. Alessandro Maggi of Sportando hears that Micic is leaning toward an offer from Olympiacos over a lucrative bid from Hapoel Tel Aviv, but Aris Barkas of Eurohoops reports that Real Madrid is still in the mix for the former EuroLeague MVP too.
  • French wing Isaia Cordinier is parting ways with Virtus Bologna, but the 28-year-old’s next move is unclear, according to Maggi of Sportando. As Maggi explains, the Turkish team Anadolu Efes is a strong contender for Cordinier, but his reps are also waiting to see whether an NBA opportunity materializes. Cordinier was the 44th overall pick in the 2016 draft and his NBA rights were previously held by the Nets before being renounced in 2021, freeing him up to sign with any NBA team.

Nuggets, Kings Officially Swap Jonas Valanciunas, Dario Saric

The Nuggets‘ trade sending Dario Saric to the Kings in exchange for Jonas Valanciunas is now official, according to a press release from Denver.

The trade agreement between the two teams was first reported on July 1. At the time, it seemed like a fairly straightforward deal — Denver was adding a reliable backup center behind Nikola Jokic, while Sacramento was reducing its team salary by swapping out Valanciunas’ $10.4MM salary for Saric’s $5.4MM expiring contract, allowing the Kings to stay out of tax territory while completing other moves.

However, it became more complicated within the past 12 days, as word broke that Valanciunas had a three-year contract offer on the table from the Greek team Panathinaikos that he wanted to accept.

While there has been no indication that the mutual interest between Valanciunas and Panathinaikos has waned, the Nuggets have reportedly told the 33-year-old and his camp that they want the big man the honor his contract. According to reports, Denver had maintained interest in Valanciunas in recent years and views him as a critical addition to its roster.

In order to sign with Panathinaikos, Valanciunas would have to negotiate a buyout with the Nuggets and get a FIBA letter of clearance — as long as he’s on an NBA contract, he can’t unilaterally decide to play in another league, without Denver’s cooperation. Now that the trade is official, he and the Nuggets can formally sit down and discuss next steps, but it sounds for now as if the plan is to have him in camp in Denver in the fall.

Valanciunas landed with the Wizards via sign-and-trade last summer, then was traded to the Kings in February. The durable center made 81 total appearances last season in Washington and Sacramento, averaging 10.4 points, 7.7 rebounds and 2.0 assists in 18.8 minutes per contest.

Saric, meanwhile, couldn’t carve out a rotation role in Denver after signing with the team as a free agent in 2024. He made just 16 appearances, averaging 3.5 points and 3.1 rebounds in 13.1 minutes per night. It’s unclear whether the Kings intend to keep him on their roster entering next season — a return to Europe could be in the cards for the 6’10” forward/center if he reaches free agency.


Luke Adams contributed to this story.

Nuggets Notes: Jokic, Valanciunas, Holmes, Jones

Nuggets star Nikola Jokic doesn’t plan to agree to an extension this summer, but there are “no signs” he’s considering leaving Denver, Sam Amick of The Athletic stated during a recent appearance on Sactown Sports 1140 (YouTube link). However, Amick warns that things can always change, saying the organization shouldn’t feel too comfortable about Jokic until the new contract is official.

“It guarantees now that Joker has another decision to make next summer,” Amick said. “You can’t tell me, if this next coming season is a train wreck for the Nuggets, that that won’t be an issue. Now yes, he can sign a four-year extension if he waits, more money, it lines up potentially better with his next extension when he’s older so there’s plenty of plausible deniability for why he did it, but they also are coming off a year where they fired their coach and the GM, and yes, they got to the second round, but those guys try to win championships.”

Amick praised Denver’s new front office, saying they’re “off to a really strong start,” but added that Nuggets fans would be more comfortable if Jokic had taken the extension now. The three-time MVP will reportedly hold off extension plans until 2026, when he’ll be eligible for a four-year deal worth a projected $285.4MM instead of the three years at $206.4MM that’s currently on the table.

There’s more on the Nuggets:

  • Denver can’t afford to let Jonas Valanciunas out of his contract to play in Europe due to a lack of other options on the free agent market, Marc Stein of The Stein Line told Adam Mares of DNVR Sports (Twitter video link). “The other 29 teams are operating under the strong belief that Al Horford will end up going to Golden State,” Stein said. “… (The Nuggets) don’t have someone to pivot to. They don’t have a shot at Horford.”
  • DaRon Holmes made steady progress after tearing his right Achilles tendon during last year’s Summer League, writes Bennett Durando of The Denver Post. The rookie big man was able to resume running and pregame shooting workouts by December, taking at least 200 three-pointers per day unless trainers advised him to rest. After conducting the operation, Holmes’ surgeon said he might be able to return by March, but the team never moved away from its plan for him to sit out the entire season. “I was met by a sense of determination and optimism on his part,” said his business manager Mitch Brown. “It really struck me that his mentality as a 22-year-old kid was so strong, dealing with something like this.”
  • Spencer Jones, the only two-way player that Denver kept from last year’s roster, continues to impress at Summer League, Durando adds in a separate story. The 24-year-old small forward had 19 points, six rebounds and two steals in Saturday’s loss to Minnesota.

Northwest Notes: Valanciunas, Nuggets, Thunder, J. Gentry

The agreed-upon trade between the Nuggets and Kings that will send Jonas Valanciunas to Denver and Dario Saric to Sacramento will likely be completed this weekend, reports Marc Stein of The Stein Line (Twitter links).

According to Stein, the delay was due to the Nuggets needing additional time to finalize “all aspects” of their Michael Porter Jr./Cameron Johnson trade with the Nets. Both of those players have extensive injury histories, so that may have played a factor, though Stein didn’t explicitly say that.

Denver had to formally complete the Porter/Johnson deal before it could acquire Valanciunas due to the way the trades were structured.

Here’s more from around the Northwest Division:

  • Head coach David Adelman believes Valanciunas can be the offensive hub of the Nuggets‘ second unit, as Bennett Durando of The Denver Post relays. “Point center. You can play combo guards. You don’t need a lead point guard (in lineups with Valanciunas),” Adelman said on ESPN’s Summer League broadcast. “You can play five-out offense, play off the elbow, post him up. He’s such a skilled player. … He shoots the ball better than most people realize. So that’s how I envision him. I think you have multiple combination guards. You can get away with that with a guy like that.”
  • The Thunder have signed (or are signing) their top three players — Shai Gilgeous-Alexander, Jalen Williams and Chet Holmgren — to maximum-salary extensions this summer. Sam Quinn of CBS Sports explains why Oklahoma City is uniquely well positioned to manage the punitive aspects of having an expensive payroll in the future, noting that the defending champions may not operate over the second tax apron until the 2027/28 season.
  • The Timberwolves are hiring Jack Gentry — a former Lakers coaching associate — to be their new head video coordinator, sources tell Dave McMenamin of ESPN (Twitter link). Jack is the son of longtime NBA coach Alvin Gentry, who is currently a member of Sacramento’s front office.

Nuggets Notes: Holmes, Tyson, Valanciunas, MPJ

After suffering a torn right Achilles tendon during last year’s Summer League, Nuggets big man DaRon Holmes is returning to Las Vegas to restart his NBA career, writes Bennett Durando of The Denver Post. The organization had huge expectations for Holmes after trading up to take him with the 22nd pick in the 2024 draft, but the injury forced him to sit out his entire first season. He has fully recovered and won’t be on any limitations for Denver’s first game Thursday evening.

“It can be pretty difficult, because you have to trust what the trainers are saying (while recovering),” Holmes said. “So if they’re like, ‘Hey, we don’t want you coming back in the gym tonight — rest your legs, rest your Achilles,’ I might try to fight back and say no, I want to get shots up. But I have to listen to what they have to say. They went to school for eight-plus years doing that. I grew up playing basketball. So that’s the fight. It’s more of a mental thing. But I listen to what they have to say. And I trust my form. I’ve been still getting up shots, but I listen if they say (to rest).”

Holmes considers himself to be a natural power forward, but he’ll likely see some time at center this summer. He’s a little short for the position at 6’9″, so Durando expects him to compete for backup minutes during the season at the four spot with Zeke Nnaji and Peyton Watson.

“Anywhere they put me, I’ll be comfortable playing,” Holmes added. “I spent a lot of summer time playing the five. … I trust what the coaches have. I trust this team, the organization.”

There’s more on the Nuggets:

  • Hunter Tyson will return to Summer League for a third season, Durando states in a separate story. The former second-round pick was the only player on Denver’s standard roster who averaged fewer than 10 minutes per game last season, so he signed up for another summer in Las Vegas to sharpen his skills. “Trying to use this opportunity to get better,” Tyson said. “Make the most of it every time I step on the floor. … Going to go out there and try and win, try and work on my game, try and get better. Use the game reps to continue to grow my game.”
  • The Nuggets’ trade with Sacramento for Jonas Valanciunas remains on track to be finalized this week, according to Marc Stein of The Stein Line (Twitter link), but the team hasn’t agreed to guarantee his $10MM salary for 2026/27. Valanciunas will make $10.395MM during the upcoming season and has been hoping to return to Europe to play for Panathinaikos. On Tuesday, during his first public comments since news of the trade broke, Valanciunas sounded ready to report to the Nuggets. “Once the trade is finalized, we’ll put together the plan for the trip to Denver,” he said, per Donatas Urbonas of BasketNews. “The team will outline how they see the situation, medicals, and all the details. That part is up to them.”
  • Michael Porter Jr. released a YouTube video thanking Nuggets fans for their support and discussing his trade to Brooklyn. Porter said he enjoyed his time with the organization, especially the 2023 championship, but added that his “ceiling in Denver kind of plateaued.”

Where Things Stand In NBA Free Agency

We’re now into the second week of the NBA’s 2025/26 league year, and while free agency has been resolved for many top players, there are still a number of intriguing names who don’t yet have new contract agreements in place.

Let’s check in on where things stand for some of those players…


The restricted free agents

While they’re not the only four restricted free agents still on the board, there are four names who make up the top tier of notable unsigned RFAs, with each of them ranking among our top 10 free agents as of June 30. Those four players are Josh Giddey (Bulls), Jonathan Kuminga (Warriors), Quentin Grimes (Sixers), and Cam Thomas (Nets).

The restricted free agent market will likely play out very slowly this summer, given that there are essentially no teams (with the possible exception of Brooklyn) in position to sign any one of those players to the kind of offer sheet that would give the player’s current team pause. Here’s what we know about each of those four RFAs:

Josh Giddey (Bulls)
The expectation is that Giddey will remain in Chicago, so it’ll just be a matter of figuring out exactly what his next contract looks like. His camp is reportedly hoping to match (or, presumably, exceed) the five-year, $150MM extension that Jalen Suggs signed with Orlando last fall. Whether the Bulls are willing to go that high in terms of annual salary and/or years remains to be seen.

Jonathan Kuminga (Warriors)
The Kings, Wizards, Heat, Bulls, Bucks, and Nets were among the teams said last week to have expressed varying level of interest in a sign-and-trade deal for Kuminga. However, some of those teams have since made moves that will make Kuminga a less appealing – or practical – fit.

Sacramento has reportedly been the most aggressive suitor for Kuminga so far, having “floated” the idea a package that included 2024 first-rounder Devin Carter and two second-round picks.

But with no deal imminent, the expectation is that the 22-year-old and his camp will meet at the Las Vegas Summer League with interested teams, including the Warriors. A return to Golden State remains very much in play despite Kuminga’s up-and-down tenure in Golden State so far.

Quentin Grimes (Sixers)
The Sixers remain very confident that they’ll re-sign Grimes sooner or later and have “splashed cold water” on possible sign-and-trade scenarios, league sources tell Tony Jones of The Athletic. As with Giddey, it seems like the main question with Grimes isn’t where he’ll end up, but what his new contract with his current team will look like.

Cam Thomas (Nets)
We’ve heard very little since free agency opened about Thomas. In a Bleacher Report stream last Thursday (YouTube link), NBA insider Jake Fischer said the Nets guard “does not really have a market, to my understanding.”

Brooklyn is the only team in the league operating below the minimum salary floor, so it’s not as if the Nets are going to be outbid by a rival suitor — it certainly seems as if the only way Thomas ends up on a new team this offseason is if Brooklyn doesn’t want to bring him back.


The veteran unrestricted free agents

The next four highest-ranked unsigned players from our top-50 list after those four restricted free agents are long-tenured veterans. Here’s what we know about those players:

Chris Paul
The Clippers, Suns, and Bucks have been the teams most frequently linked to Paul in recent days. Milwaukee probably offers the best path to a starting role, which is something that’s reportedly important to the longtime NBA point guard, but he also wants to be close to his family in Los Angeles, which could give an edge to those two Western Conference teams.

Russell Westbrook
Another L.A. native who would reportedly like to play closer to home, Westbrook was said to be drawing legitimate interest from the Kings, but that was when it looked like Sacramento was going to trade Malik Monk. If that doesn’t happen, there may not be a spot on the Kings’ backcourt (or on the team’s cap) for Westbrook.

Al Horford
While Horford has been linked to several teams in the last week or two, the one constant has been the Warriors, who continue to look like the frontrunner to land the big man if he doesn’t retire. Adam Himmelsbach of The Boston Globe (Twitter link) reported on Monday that Horford continued to mull his options, with no deal imminent.

I suspect Golden State wants to resolve its Kuminga situation before officially committing its taxpayer mid-level exception to Horford, since doing so would hard-cap the team at the second tax apron and potentially complicate its ability to match an aggressive offer sheet for Kuminga.

Malcolm Brogdon
Reporting on Monday indicated that the Clippers, Suns, Lakers, Warriors, Timberwolves, Bucks, Pelicans, and Kings have all conveyed at least some level of interest in Brogdon. With some other higher-profile guards still out there, Brogdon may be the Plan B for some teams, which would mean he’d have to wait for some of those other players to commit before his options really crystalize.


The two veteran guards who aren’t yet free agents

Damian Lillard is currently on waivers and Bradley Beal is still working on a buyout with the Suns, but the expectation is that both players will reach unrestricted free agency pretty soon.

Lillard is a bit of a wild card, since he’s likely to miss the 2025/26 season due to an Achilles tear. He hasn’t ruled out the possibility of signing with a team sooner rather than later, and there will certainly be no shortage of clubs who would welcome the opportunity to help him with his rehab process and get a leg up on retaining him for ’26/27. But he’s not the type of player who will help a team win in the short term.

Beal, on the other hand, is coming off a pretty solid offensive season and would become a much more valuable investment if he’s on a contract that’s closer to his minimum salary than his maximum. The Clippers, Lakers, Bucks, Timberwolves, and Warriors are among the teams believed to have interest in signing Beal.

With many of those clubs also eyeing Paul, Brogdon, or other guards, Beal may be the first domino to fall — if and when he finds a new team, the ones that miss out can shift their focus elsewhere in earnest. The Clippers are rumored to the favorites for Beal, per Kurt Helin of NBC Sports.


The trades that aren’t yet official

As our full breakdown of this offseason’s trades shows, there are only two agreed-upon deals that aren’t yet official: Denver’s acquisition of Cameron Johnson from the Nets, plus the Jonas Valanciunas/Dario Saric swap between the Nuggets and Kings.

There has been speculation that the Nuggets will combine both of those agreements into a single transaction to avoid creating a hard cap at the first tax apron. At the very least, as NBA insider Marc Stein tweets, Denver needs to get the Johnson/Michael Porter Jr. trade done before the deal with the Kings in order to be able to get below the first apron. That will allow the Nuggets to take back more salary than they send out for Saric.

The Nets may be thoroughly exploring scenarios for how to take full advantage of their current cap room before they finalize that trade with the Nuggets, since it will cut into their space significantly — swapping Johnson for Porter will use up $17MM+ of their room.

The delay on these deals is not an indication that the Valanciunas/Saric deal won’t eventually be finalized. Multiple reports have indicated it remains on track, despite Valanciunas’ reported desire to get out of his NBA contract and sign with the Greek team Panathinaikos. Multiple reports, including another one from Stein on Monday night (Twitter link), have also indicated that the Nuggets have told the veteran center they intend to keep him and want him to honor his contract.

For what it’s worth, a report from SDNA in Greece indicates that Panathinaikos was assured by Valanciunas’ representation that the Nuggets would let him out of his NBA deal and was surprised to find out that Denver hadn’t signed off on that plan at all.

Although those two Denver deals are the only ones we know about that aren’t official, that doesn’t mean there won’t be more trades still to come — the Clippers, Heat, and Jazz, for instance, agreed to a three-team trade on Monday and finalized it later in the day. It’s possible that more deals could be around the corner as teams and executives congregate for Summer League action.

Nuggets Will Complete Valanciunas Trade, Want To Keep Him On Roster

July 6: The Nuggets have informed Valanciunas’ representatives that they “fully intend” to have him honor his NBA contract and view him as a critical addition to their roster, reports Shams Charania of ESPN (Twitter link).


July 5: The Nuggets will complete their trade with the Kings for Jonas Valanciunas when the NBA lifts its moratorium on Sunday, league sources tell Marc Stein of The Stein Line (Twitter link).

Valanciunas has received an offer to join Panathinaikos in Greece, but Stein hears that Denver remains determined to have him honor his NBA contract and serve as Nikola Jokic‘s backup next season.

Valanciunas has two years left on his current deal, with a $10.4MM guaranteed salary for 2025/26 and a $10MM non-guaranteed salary in 2026/27. Regardless of his mutual interest with Panathinaikos, he can’t get FIBA clearance to sign elsewhere unless the Nuggets release him from that contract.

A report on Friday stated that the 33-year-old center had arrived in Athens and was preparing to undergo a physical and finalize a three-year deal worth 12 million Euros with the Greek team. Valanciunas didn’t speak with reporters at the airport and hasn’t commented on the situation since the trade to Denver was announced.

Michael Scotto of HoopsHype recently reported that the Nuggets have been trying to acquire Valanciunas for a couple of years to provide a sturdy veteran backup for Jokic. That was an area of need throughout last season and the playoffs, and they created room to take on Valanciunas’ salary by agreeing to send Michael Porter Jr. to Brooklyn in a deal for Cameron Johnson.

Sacramento will receive veteran big man Dario Saric in return for Valanciunas. Saric turned in a disappointing season after signing with Denver last summer, but he has been a productive reserve with several teams for the past few seasons.