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NBA: Nuggets waive backup center Valanciunas, saving $8 million

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • The Denver Nuggets have waived center Jonas Valanciunas, saving $8 million on his contract.
  • Valanciunas was acquired last season to serve as Nikola Jokic's backup but did not meet expectations.
  • The move frees up salary cap space for the Nuggets and has reportedly attracted interest from other NBA teams.

The Denver Nuggets have decided to waive center Jonas Valanciunas, a move that will save the team approximately $8 million in salary cap space. Valanciunas was brought in last season to provide backup for star center Nikola Jokic, but his performance did not align with the team's expectations.

The decision comes before Valanciunas's final contract year fully vests, allowing the Nuggets to avoid paying his full $10 million salary for the upcoming season, instead paying only $2 million. This financial maneuver provides Denver with more flexibility as they plan for future roster moves.

The Nuggets have decided to waive Valanciunas, saving $8 million.

— Shams CharaniaReporting on the financial implications of the Nuggets' decision to waive the center.

According to reports, Valanciunas's departure has already garnered attention from several other NBA teams. The Lithuanian center had previously expressed a desire to return to Europe, with reports suggesting a potential two-year deal with Lithuanian club Zalgiris Kaunas if he were to leave the NBA this summer. His future in the league remains a topic of interest following this waiver.

Valanciunas has already attracted the attention of many NBA teams.

— Shams CharaniaIndicating the market interest in the center following his release.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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