Jonas Valanciunas Nears Panathinaikos Move from NBA

Photo: Eakin Howard/Getty Images

Jonas Valanciunas is on the brink of ending his 13-year NBA career to join Panathinaikos Athens, with BasketNews sources reporting that the 33-year-old Lithuanian center is close to accepting a lucrative three-year, €12 million offer from the Greek giants.

NBA Legacy and Recent Contract

Valanciunas, currently with the Denver Nuggets on a $10.4 million deal for 2025-26, averaged 13.1 points and 9.3 rebounds over his NBA tenure with teams like the Raptors and Pelicans. The Nuggets hold a $10 million option for 2026-27, adding urgency to his decision.

Panathinaikos’ Bold Investment

The €12 million offer, dwarfing his NBA salary, reflects Panathinaikos’ ambition to dominate the EuroLeague. At 2.11 m, Valanciunas’ rebounding prowess and experience could transform the team’s frontcourt, making this a strategic coup for the Greek powerhouse.

Posted on: 3 July 2025, 22:24 CET

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