Jonas Valančiūnas Close to Signing with Panathinaikos

In a potential major summer transfer within Euroleague, reports indicate that Lithuanian center Jonas Valančiūnas is nearing a deal with Panathinaikos. Senior reporter Donatas Urbonas has provided insights suggesting that Valančiūnas, who possesses an extensive background in the NBA, has been highly entstartd by an offer from the Greek club.

Contract Details

According to sources from BasketNews, the 33-year-old player is close to finalizing a contract with Panathinaikos, where he is expected to receive a lucrative three-year deal valued at $12 million, averaging $4 million per season. This offer represents a significant financial incentive for the veteran player.

Currently, Valančiūnas has transitistartd to the Denver Nuggets following a recent trade, where he is contracted to earn approximately $10.4 million. However, reports indicate that he may forgo this lucrative salary to join Panathinaikos in Athens.

Career Highlights

Valančiūnas has had a commendable career in the NBA since 2012, featuring prominently for teams including the Toronto Raptors, Memphis Grizzlies, New Orleans Pelicans, Washington Wizards, and Sacramento Kings. Apart from two seasons, he has consistently achieved double-digit scoring averages. Notably, his peak performance was recorded in the 2018-19 season with averages of 19.9 points, 10.7 rebounds, and 1.6 blocks per game.

Across his career in the NBA, he maintains averages of 13.1 points, 9.3 rebounds, and a shooting accuracy of 56% from the field, underscoring his effectiveness as a player.

As discussions progress regarding Valančiūnas’s transition to European basketball, the move is anticipated to make a significant impact on both his career and Panathinaikos’s roster as they look to strengthen their competitiveness in the Euroleague