Valančiūnas, who has two years remaining on the deal he signed with the Sacramento Kings last offseason, has reportedly been pursued by Greek team Panathinaikos for a potential return to pro hoops in Europe. The Nuggets intend to have Valančiūnas honor his NBA contract, however, per ESPN.

Jonas Valanciunas is set to be acquired by the Nuggets, but not quite yet amid uncertainty regarding his playing status.

The Denver Nuggets have informed Jonas Valanciunas of their intention after they traded with the Sacramento Kings.