Jonas Valanciunas is on the brink of ending his 13-year NBA career to join Panathinaikos Athens, with BasketNewssources 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.