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.

Despite receiving an offer from Greek Panathinaikos, the Denver Nuggets are set to proceed with their trade for Jonas Valančiūnas from the Sacramento Kings, per NBA insider Marc Stein.