Jonas Valanciunas

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.

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.

Let's dive in...

Unlock Subscriber-Exclusive Articles Like This One With a Trade Rumors Front Office Subscription

BENEFITS
  • Access weekly subscriber-only articles by Luke Adams
  • Join exclusive weekly live chats with Arthur Hill
  • Remove ads and support our writers.

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.