Nuggets create financial flexibility after waiving Jonas Valančiūnas
Yahoo Sports • 1 min read • Latest: Jul 8, 2026, 11:01 PM
Last updated Jul 8, 2026
The Denver Nuggets waived Jonas Valančiūnas, enhancing their financial situation for roster development. This decision allows the Nuggets to access the $6 million taxpayer mid-level exception, offering a more competitive option to potentially sign LeBron James while still accommodating Peyton Watson’s restricted free agency. Valančiūnas' departure reduces Denver's cap hit to $2 million, instead of his fully guaranteed salary of $10 million. The team has five roster spots available and must navigate contract decisions regarding Watson and possible moves involving James.
- •Nuggets waive Jonas Valančiūnas, creating cap space.
- •Denver accesses $6 million taxpayer mid-level exception.
- •Team retains flexibility to re-sign Peyton Watson.
- •Valančiūnas' departure reduces cap hit to $2 million.
- •Nuggets have five roster spots open for new additions.
- 11:01 PMYahoo Sports — Nuggets Open New Path in LeBron James Pursuit After Valančiūnas Decision
"Denver's latest roster decision created new financial flexibility as the Nuggets continue exploring ways to build around Nikola Jokić. The post Nuggets Open New Path in LeBron James Pursuit After Valančiūnas Decision appeared first on HEAVY.
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