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Zalgiris Kaunas Reportedly Offers Jonas Valanciunas Two-Year Deal With €2 Million First Season

A July 8 termination window in his Nuggets deal could open the door for a summer return to Europe.

Overview

  • Eurohoops reports Zalgiris has offered Valanciunas a two-year contract that would pay €2 million in the first season.
  • The report cites Lithuanian journalist Jonas Lekšas, who says talks are moving in a positive direction.
  • Valanciunas remains under a Denver Nuggets contract that can be ended this summer under a clause that pays him $2 million if exercised by July 8, 2026.
  • BasketNews has reported that several EuroLeague clubs are tracking his status, with Zalgiris among the teams interested.
  • The contract date was moved from June 30 to July 8 to allow trades after free agency opens July 1, which could smooth a path back to his native Lithuania.