The Denver Nuggets have waived Jonas Valanciunas before his $10 million guarantee date, making him a free agent expected to attract interest from other NBA teams. Last season, Valanciunas served as Nikola Jokic’s backup, averaging 8.7 points, 5.1 rebounds, and 1.2 assists in 65 games. The Nuggets have the option to stretch his $2 million cap hit over three seasons. Valanciunas is represented by agents Michael Tellem and Jeff Schwartz.
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