Jonas Valanciunas

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.

International Notes: Valanciunas, Ibaka, Nwora, Neto

While there’s still no resolution on his NBA contract situation, Jonas Valanciunas appears to be moving forward with his reported plan to sign with the EuroLeague club Panathinaikos. According to Antonis Stroggylakis of Eurohoops, Valanciunas arrived in Athens on Friday with the intent of undergoing a physical and finalizing the terms of a lucrative three-year deal.

However, Valanciunas remains under contract in the NBA and will be traded from Sacramento to Denver once the July moratorium ends. Reports have indicated that the Nuggets have long had interest in Valanciunas and envisioned a major role for him on their 2025/26 roster, so they’re hoping to convince him to honor his NBA contract.

Still, with all signs pointing to Valanciunas desiring a return to Europe, it certainly seems as if he and his new NBA team are headed for buyout discussions. In that scenario, the Nuggets would likely require him to give up most – if not all – of the $10.4MM guaranteed salary he’s owed next season. That would give Denver some spending flexibility to return to free agency or the trade market in search of a new backup center for Nikola Jokic.

We have more from around the world of international hoops:

  • Three-time NBA All-Defensive first-teamer Serge Ibaka is leaving Real Madrid, the Spanish team announced on Wednesday. The 35-year-old big man averaged 6.5 points and 3.3 rebounds in 12.0 minutes per night during EuroLeague play for the eventual Liga ACB champions. This was Ibaka’s first year with Real Madrid after playing the previous season with Bayern Munich. It has now been more than two years since he was last on an NBA roster.
  • Veteran wing Jordan Nwora is leaving Anadolu Efes, the Turkish club announced (via Twitter). Nwora, who played four seasons in the NBA, primarily with the Bucks and Pacers, has agreed to a deal with Crvena Zvezda out of Belgrade, Serbia, per a Eurohoops report (via Twitter).
  • Free agent guard Raul Neto has signed with San Pablo Burgos for the upcoming season, the team announced. The 33-year-old Neto, who appeared in 435 regular season NBA games from 2015-23, played limited minutes in 2024/25 with Barcelona. San Pablo Burgos competes in Spain’s Primera FEB, which is the country’s second division league.
  • Sergio Scariolo has agreed to return to Real Madrid as their head coach, according to Eurohoops.net. The Italian coach, who won an NBA title as an assistant for the 2018/19 Raptors, has spent most of his career in the EuroLeague. He had a previous tenure with Real Madrid from 1999-2002, and has been coaching Virtus Bologna for the past three seasons. Scariolo, who has four EuroBasket championships and a pair of Olympic medals to his name, has agreed to a three-year deal with Real Madrid and will officially join the club after coaching the Spanish national team one last time at this year’s EuroBasket tournament.

Scotto’s Latest: Rollins, Hornets, Bucks, Ayton, Valanciunas

After having his qualifying offer withdrawn by the Bucks earlier this week, free agent guard Ryan Rollins is drawing interest from a handful of teams around the NBA, according to Michael Scotto of HoopsHype, who says the Suns, Trail Blazers, Spurs, and Lakers are among the clubs with Rollins on their radar.

A reunion with Milwaukee also hasn’t been ruled out either, Scotto reports. Even after rescinding his qualifying offer and making him an unrestricted free agent, the Bucks are in position to hang onto Rollins’ Early Bird rights, which would allow them to go over the cap to re-sign him after they use up all their room.

Portland still has its $14.1MM non-taxpayer mid-level exception available, while San Antonio and Los Angeles have the $5.1MM bi-annual exception on hand, Scotto writes. However, the Suns could only offer more than a minimum-salary deal if they shed salary — perhaps via a Bradley Beal buyout agreement.

Rollins had a modest breakout year this past season, registering averages of 6.2 points, 1.9 assists, and 1.9 rebounds in 14.6 minutes per game, along with a shooting line of .487/.408/.800. He had only made 25 appearances across two NBA seasons prior to 2024/25.

Here’s more from Scotto:

  • Examining the Hornets‘ roster crunch, Scotto identifies Josh Okogie and DaQuan Jeffries – who are on non-guaranteed contracts – as candidates to be waived if no trade opportunities involving them arise. Executives who spoke to HoopsHype also view former first-round pick Nick Smith Jr. as a player who could be traded. That applies to veterans on expiring contracts like Pat Connaughton and Collin Sexton as well.
  • Before he agreed to re-sign with the Hornets, point guard Tre Mann received interest from the Bucks, Scotto reports. Milwaukee is in the market for additional point guard depth after losing Damian Lillard to an Achilles tear and subsequently planning to waive him.
  • Echoing reporting from ESPN’s Shams Charania, Scotto says that teams who reached out to Trail Blazers officials for feedback on Deandre Ayton got positive reviews on the big man, who was a “community staple in Portland and hosted many team bonding events.” Reporting from The Athletic had suggested that Ayton’s attitude and bad habits played a part in the decision to part ways with him.
  • Addressing the Jonas Valanciunas situation, Scotto notes that the Nuggets have tried to acquire the veteran center for the past couple years and have envisioned him playing a significant role if he reports to Denver, giving superstar Nikola Jokic more opportunities to rest. Amid rumors that Valanciunas is traveling to Greece and hopes to sign with the EuroLeague club Panathinaikos, Scotto hears that the 33-year-old is expected to address the situation soon.

Cap Observations: KD Trade, Valanciunas, Kings, H. Gonzalez

As we catch our breath on the Fourth of July and await updates on the top remaining free agents - including an intriguing group of restricted free agents and veteran unrestricted free agents like Al Horford, Chris Paul, and Russell Westbrook - we're taking a look back at a few of the intriguing stories from the past few days.

In the space below, we're exploring what the seven-team Kevin Durant figures to look like, why the Nuggets and Kings are still moving forward with their Jonas Valanciunas/Dario Saric swap amid rumors about Valanciunas wanting to play in Greece, what the rumors about Sacramento's interest in Jonathan Kuminga suggest, and more.

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Jonas Valanciunas Reportedly Considering Leaving NBA For EuroLeague

5:44 pm: The Nuggets are hoping to convince Valanciunas to remain in the NBA rather than seeking a buyout to play in Europe, tweets Stein.


4:40 pm: The trade between Denver and Sacramento is expected to proceed as planned, according to Jake Fischer of The Stein Line (Twitter link), who says discussions between Valanciunas and the Nuggets about his future remain “fluid” in the wake of the lucrative offer he received from Panathinaikos.


3:43 pm: Veteran center Jonas Valanciunas is close to accepting a three-year contract offer worth 12 million Euros from the Greek team Panathinaikos, according to a report from Donatas Urbonas and Karolis Tiskevicius of BasketNews.com.

League sources confirm to NBA insider Marc Stein (Twitter link) that a possible return to Europe holds “strong appeal” to Valanciunas.

Valanciunas, who has been in the NBA since 2012, remains under contract for two more seasons, with a $10.4MM guaranteed salary for 2025/26 and a $10MM non-guaranteed salary for ’26/27. In other words, he can’t freely sign with Panathinaikos without extricating himself from that deal.

He’s also in the process of changing NBA teams. The Kings and Nuggets agreed to a trade on Tuesday that would sent the Lithuanian big man to Denver in exchange for Dario Saric, but it can’t be finalized until after the July moratorium lifts on Sunday.

It’s unclear if Valanciunas’ rumored move to Athens would scuttle that deal, or if the two teams would still go through with the trade and Valanciunas would subsequently look to complete a buyout with the Nuggets. I’d bet on the latter.

Former EuroLeague MVP Sasha Vezenkov was in a similar situation last offseason — as rumors about his possible return to Europe swirled, he was traded from Sacramento to Toronto, where he eventually agreed to a buyout with the Raptors that saw him give up all of his remaining guaranteed salary ($6.7MM) so that he could sign with Olympiacos in Greece.

If the Valanciunas situation plays out in a similar fashion, the Nuggets could end up creating some cap savings as a result of a buyout, but they’d be losing a player they’d identified as a reliable backup for superstar Nikola Jokic and would have to return to the trade market and/or free agency to find someone else to fill that slot.

Valanciunas, the No. 5 overall pick in the 2011 draft, has nearly averaged a double-double across 937 regular season games, with 13.1 points and 9.3 rebounds per game. In 81 outings for Washington and Sacramento last season, he put up 10.4 points, 7.7 rebounds, and 2.0 assists in 18.8 minutes per night.

Kings Trading Valanciunas To Nuggets For Saric

The Kings have agreed to trade center Jonas Valanciunas to the Nuggets in exchange for forward/center Dario Saric, sources tell Shams Charania of ESPN (Twitter link).

Valanciunas will earn about $10.4MM in 2025/26, with a non-guaranteed $10MM salary for ’26/27. Saric is entering the final year of his contract, which will pay him approximately $5.4MM next season.

The Nuggets are able to take on Valanciunas’ higher salary due to the newfound roster-building flexibility they created as a result of the agreed upon trade that will send Michael Porter Jr. and a 2032 first-round pick to Brooklyn for Cameron Johnson.

Valanciunas spent his first six-plus NBA seasons with Toronto, the team that selected him No. 5 overall in the 2011 draft. He also played for Memphis and New Orleans prior to becoming a free agent last year.

The 33-year-old landed with the Wizards via sign-and-trade last summer, then was traded to Sacramento in February. The durable big man made 81 combined appearances last season, averaging 10.4 points, 7.7 rebounds and 2.0 assists in 18.8 minutes per contest.

While he’s a very limited defensive player, Valanciunas is a bruising low-post scorer and rebounder with a soft touch and should be a productive backup for three-time MVP Nikola Jokic.

As for the Kings, they were likely motivated to make the deal for financial reasons. As Yossi Gozlan of The Third Apron tweets, Sacramento will save about $5MM in the trade, which will give the team the flexibility to complete its reported deal with veteran guard Dennis Schröder without going into the tax.

Saric signed a two-year, $10.6MM deal with Denver last summer, but it didn’t work out the way either party had hoped. The 31-year-old only played in 16 games last season, averaging 3.5 PPG and 3.1 RPG in 13.1 MPG.

International Notes: Micic, Westbrook, Jokubaitis, Valanciunas, Theis

Hapoel Tel Aviv general manager George Hinas tells Vuk-Milos Petrovic of Basketball Sphere that his team remains in contention to sign Vasilije Micic, but he dismissed speculation about Russell Westbrook. While Micic is still under contract with the Suns, they’re expected to decline their $8.1MM team option for next season, making him a free agent by the end of the month. Several European clubs have expressed interest in adding the 31-year-old point guard, and Hinas rejected reports that Micic has ruled out Tel Aviv because of war concerns.

“He’s a great player, a EuroLeague legend, and one of the best ever,” Hinas said. “We spoke with him in late March and early April. We didn’t reach an agreement then, but we stayed in touch with him and his agent. What the Spanish media reported — that he rejected us because of the war — isn’t true. We continued talking. … Nothing is concrete yet. He’s one of the players we’re interested in, but so are other clubs. That’s how the offseason works — he talks to many clubs, and we talk to many players. His case is not closed. Not at all.”

Hinas called rumors about a potential deal with Westbrook “100% fake news.” Westbrook turned down his player option with the Nuggets for next season, but he’s expected to get another NBA opportunity.

“There were numbers mentioned — $50 million per year — which is crazy,” Hinas added. “I get that Hapoel Tel Aviv draws attention because we’re spending money. I counted 37 players who were linked with us. It’s good we’ll have three rosters, because when you have 37 players, it makes things easier (laughs). To be serious — it’s not true. There was no interest, and no one approached him.”

There’s more overseas news to pass along:

  • Knicks draft-and-stash prospect Rokas Jokubaitis could be considering a departure from Hapoel Tel Aviv due to international tensions, Petrovic adds in a separate story. Fenerbahce is reportedly interested in the 24-year-old guard, who may seek an early termination to his current contract.
  • Speaking at his annual camp in Lithuania, Jonas Valanciunas said he expects to remain with the Kings this season after being acquired from Washington in February, per Johnny Askounis of Eurohoops. “I can make my own plans, but what the Kings decide is what matters most,” he said. “Right now, I’m planning to stay. I haven’t heard anything about being traded or moved. Until there is such information, all my focus is on Sacramento.” Valanciunas also confirmed that he will participate in this summer’s EuroBasket tournament.
  • Daniel Theis, who started the season with New Orleans before being traded and waived in February, will miss the rest of the French League Finals with Monaco due to knee issues, according to Alessandro Maggi of Sportando.

Scotto’s Latest: Porzingis, Celtics, Reid, NAW, Magic, Kings

Executives around the NBA generally view Kristaps Porzingis as the Celtics‘ top trade candidate this offseason as the team looks to reduce its salary, says Michael Scotto of HoopsHype. Porzingis has played a limited role during Boston’s last two playoff runs due to health issues and will be on an expiring $30.7MM contract in 2025/26.

However, the general consensus is that the Celtics won’t be looking to trade just one highly paid player.

“Boston needs to get off two big salaries at least, or they’ll have massive tax implications,” one NBA executive told HoopsHype. (Jayson) Tatum‘s injury lets them use next year as a gap year to audition other players or young guys.”

While Derrick White has drawn consistent interest from teams across the league, per Scotto, the Celtics have always rebuffed those inquiries in the past and would presumably be more inclined to shop Jrue Holiday if they move off one of their veteran guards.

Reserve wing Sam Hauser is also considered a trade candidate by rival NBA executives, according to Scotto, who notes that 2024 first-rounder Baylor Scheierman is viewed by talent evaluators as a player who could take on Hauser’s role sooner or later.

Here’s more from Scotto:

  • Re-signing Naz Reid is considered a top priority for the Timberwolves, but executives around the NBA believe Minnesota is unlikely to retain Reid, Julius Randle, and Nickeil Alexander-Walker, who are all eligible for free agency this offseason.
  • The Magic, who were recently identified as a possible suitor for Alexander-Walker, made a play for the Timberwolves guard at February’s trade deadline, according to Scotto, who says many executives are projecting the 26-year-old to receive the full non-taxpayer mid-level exception or something close to it.
  • Rival executives are monitoring the Kings‘ veteran trio of Domantas Sabonis, Zach LaVine, and DeMar DeRozan, and believe the team will explore trading one or more of those players either this offseason or by the 2026 trade deadline, Scotto writes. It might take a trade request for Sacramento to seriously consider dealing Sabonis, and LaVine’s maximum-salary contract figures to be difficult to move. That leaves DeRozan and perhaps center Jonas Valanciunas, who will be on a pseudo-expiring $10.4MM contract, as the Kings’ top potential trade candidates.
  • In case you missed it, we also passed along reporting from Scotto on a potential point guard target for the Kings, along with a handful of Clippers-related rumors.

International Notes: Jokic, Bogdanovic, Valanciunas, Micic, Hayes-Davis, Biberovic

Serbian basketball federation president Nebojsa Covic is counting on having a full team for this year’s EuroBasket tournament, including Nuggets star Nikola Jokic and Clippers guard Bogdan Bogdanovic, according to a BasketNews report. The Serbians have never won the gold medal in the event, but they would be among the favorites if all their stars are available.

The event will take place from August 27 to September 14, which Covic believes will give everyone plenty of time to recover from the rigors of an NBA season.

“I expect us to have a complete squad. I think that those constant questions about Jokic playing can create an unhealthy environment. We are all working on having a complete squad ready,” he said. “NBA stars like Nikola Jokic and Bogdan Bogdanovic now have three months of rest after the seasons they had and that were very demanding.” 

Jokic was one of the stars of last year’s Summer Olympics in Paris as Serbia captured a bronze medal and narrowly missed defeating the United States in the semifinals. He has been representing his country in international competitions since 2013.

There’s more international news to pass along:

  • Kings center Jonas Valanciunas speculated about finishing his career in the EuroLeague as he attended the league’s Final Four in Abu Dhabi, BasketNews relays in a separate story. It won’t happen for a while, as Valanciunas has two years remaining on his current contract. “I want to play in the EuroLeague, I want it for this atmosphere,” he said in an interview with SPORT24. “I want to play basketball, I want to enjoy this atmosphere.” Valanciunas played four seasons in Lithuania before coming to the NBA in 2012.
  • Suns guard Vasilije Micic wants five million euros ($5.685MM) to play in Europe next season, according to Alessandro Maggi of Sportando. Phoenix holds an $8.1MM team option on Micic for 2025/26, but that’s likely to be declined because he barely played after being acquired from Charlotte in February. Micic has received interest from Hapoel Tel Aviv and Crvena Zvezda, but Maggi states that not many European teams can meet his salary demand.
  • After capturing the EuroLeague title over the weekend, Fenerbahce is preparing for the possible loss of Nigel Hayes-Davis and Tarik Biberovic to the NBA, per Aris Barkas of Eurohoops. Hayes-Davis, 30, had brief stints with three NBA teams during the 2017/18 season, while Biberovic, 24, is a draft-and-stash prospect who was selected by Memphis in the second round in 2023. “There is serious interest in Tarık and Nigel from the NBA,” Fenerbahce general manager Derya Yannier said. “I don’t know what will happen over there. These are factors that could actually weaken our hand and prolong the process during the summer. Even before they leave, it’s difficult to have a clear view in terms of budget and roster planning.”

International Notes: Sabonis, NBA Candidates, Canada, PSG

Kings star Domantas Sabonis is expected to miss this summer’s EuroBasket tournament due to personal reasons, sources tell BasketNews.com.

According to BasketNews, the Lithuanian big man is expected to inform Linas Kleiza — the GM of Lithuania’s national team — of his decision when Kleiza visits the United States. Kleiza will also meet with Matas Buzelis and Jonas Valanciunas during the trip, per the report.

Here are a few more international notes:

  • A handful of EuroLeague players could land NBA contracts this summer. Some hold previous NBA experience; others do not. According to EuroHoops.net, Anadolu Efes guard Darius Thompson is the strongest candidate to sign with an NBA club in the offseason. Veteran guards Tyler Dorsey and Nigel Williams-Goss are among the other players to watch.
  • Who will replace Jordi Fernandez as the next men’s head coach of Canada’s national team? Multiple sources have suggested to Michael Grange of Sportsnet.ca that Gordon Herbert is the frontrunner for the job. Herbert, a Canadian who played for the team that made the Olympics in 1984, is currently the head coach of Bayern Munich and recently coached Germany’s national team. Former NBA assistant Nate Mitchell and current Raptors assistant Jama Mahlalela are among the other possible candidates, Grange reports.
  • Paris Saint-Germain has interest in joining the NBA’s European league, either by purchasing Paris Basketball or by starting a new team, according to Laurent Perrin and Julian Lesage of Le Parisien (hat tip to Sportando). Commissioner Adam Silver said Thursday that the NBA and FIBA are moving forward on the possibility of a new European league, though he noted the process is still in the early stages.