Nuggets stretch Jonas Valanciunas' contract after salary cap decision

The Denver Nuggets have opted to stretch Jonas Valanciunas' remaining $2 million salary for the 2026-27 season over the next three years, reducing their luxury tax burden. Valanciunas, who struggled as Nikola Jokic's backup in the previous season, will see a cap hit of $667,000 annually. The team's front office anticipates saving approximately $9 million in luxury tax by making this move. In his place, Denver has signed Marvin Bagley III as Jokic's backup center, with Bagley expected to offer a more effective and cost-efficient alternative.

• 1:28 AMYahoo Sports — Nuggets Make Decision on Contract of Jonas Valanciunas