[League Alerts] A source close to the situation tells us that Jonas Valanciunas has verbally agreed to sign in Europe and is expected to land in Athens tomorrow morning. He is also willing to give up the full amount owed by the Nuggets to leave the NBA.

Source: https://leaguealertsofficial.com/nba/jonas-valanciunas-exit-nba-for-lucrative-european-deal/

A source close to the situation tells us that Jonas Valanciunas has verbally agreed to sign in Europe and is expected to land in Athens tomorrow morning. He is also willing to give up the full amount owed by the Nuggets to leave the NBA.

Jonas Valanciunas will land in Athens, Greece, tomorrow morning to meet with the Greek side, Panathinaikos, and has verbally committed to the European franchise, sources told League Alerts.

His contract with Denver is worth $23.4 million over the next two seasons, with no guarantee in the second year. According to Marc Stein, the trade cannot be finalised until this Sunday, which is something to consider regarding the reported European deal.