'The Whole Thing Blew Up Like a Bubble' – Denver Nuggets’ Jonas Valanciunas Gets 100% Honest on Rumored Standoff Involving Panathinaikos

Jonas Valanciunas stated that the situation surrounding his trade to the Denver Nuggets was exaggerated by fans and media. He addressed rumors suggesting he verbally agreed to join Panathinaikos BC, clarifying that once the trade is finalized, the Nuggets will handle details like his arrival plan and medicals. Valanciunas dismissed the speculation, comparing it to a bubble that burst, and emphasized that clarity will only come when he actually plays his first game for the team.

In related news, Nikola Jokic declined a contract extension with the Nuggets this offseason. This decision was reportedly anticipated by both sides, as Jokic can secure a significantly larger contract next year, potentially earning an additional $80 million by waiting until the summer of 2026. Jokic still has two years remaining on his current deal plus a player option for the 2027-28 season.

Despite Jokic's contract situation, the Nuggets have been active in strengthening their roster. This offseason, they acquired Bruce Brown, Cameron Johnson, and Tim Hardaway Jr. to bolster the supporting cast around the three-time MVP.