Jonas Valanciunas Heads to Athens for Panathinaikos Deal

Photo: Eakin Howard/Getty Images

Jonas Valanciunas is set to land in Athens this evening for medical checks, marking the final step toward joining Panathinaikos Athens, BasketNews sources confirm on July 4, 2025. The 33-year-old Lithuanian center’s move ends his 13-year NBA tenure.

NBA Legacy and Contract Context

Valanciunas, averaging 13.1 points and 9.3 rebounds over his NBA career with teams like the Raptors and Kings, is under a $10.4 million guaranteed deal with the Nuggets for 2025-26, with a $10 million option for 2026-27. His trade to Denver, pending until Sunday per Marc Stein, now faces disruption.

Panathinaikos’ Lucrative Offer and Vision

The Greek club’s three-year, €12 million net offer promises Valanciunas stability and a starring role, outshining his NBA contract. At 7’0”, his rebounding and experience align with Panathinaikos’ EuroLeague title aspirations, making this a strategic masterstroke.

Posted on: 4 July 2025, 13:02 CET

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