The Denver Nuggets are waiving Jonas Valanciunas, according to ESPN’s Shams Charania. Michael Scotto of HoopsHype added that the move came before the veteran center’s $10 million salary became fully guaranteed.
Per Bobby Marks, Denver will carry a $2 million cap hit and can elect to stretch that amount over three seasons. If the Nuggets do so, they would be $7.4 million below the second apron.
Valanciunas, a 14-year NBA veteran, owns career averages of 12.8 points and 9.0 rebounds. Charania reported that the Lithuanian big man is expected to receive interest from multiple NBA teams.
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