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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

Nuggets create financial flexibility after waiving Jonas Valančiūnas

Summary

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.

Source Links

Yahoo Sports

By the Numbers

•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.

Latest Updates

11:01 PMYahoo Sports — Nuggets Open New Path in LeBron James Pursuit After Valančiūnas Decision

What they're saying

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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.
— Yahoo Sports

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