{"id":750231,"date":"2026-07-08T09:39:14","date_gmt":"2026-07-08T09:39:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/750231\/"},"modified":"2026-07-08T09:39:14","modified_gmt":"2026-07-08T09:39:14","slug":"waiving-valanciunas-could-contribute-to-nuggets-record-breaking-luxury-tax-bill","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/750231\/","title":{"rendered":"Waiving Valanciunas could contribute to Nuggets record-breaking luxury tax bill"},"content":{"rendered":"<p>The Denver Nuggets would face a staggering $177 million luxury tax penalty if they waive Jonas Valanciunas and sign Peyton Watson to a $25M\/year extension.<\/p>\n<p>The <a href=\"https:\/\/basketnews.com\/teams\/142-denver-nuggets.html\" rel=\"nofollow noopener\" target=\"_blank\">Denver Nuggets<\/a> could be facing a potentially record-breaking luxury tax bill, depending on how they handle their remaining offseason decisions.<\/p>\n<p>        <a class=\"article-widget__photo\" href=\"https:\/\/basketnews.com\/players\/6504-jonas-valanciunas.html\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/image-436620-plsm.jpg\" alt=\"Jonas  Valan\u010di\u016bnas\"\/><br \/>\n        <\/a><\/p>\n<p>\n                Position<br \/>\n                C\n            <\/p>\n<p>\n                Age<br \/>\n                34\n            <\/p>\n<p>\n                Height<br \/>\n                211 cm\n            <\/p>\n<p>\n                Weight<br \/>\n                120 kg\n            <\/p>\n<p>\n                Birth place<br \/>\n                Utena, Lithuania\n            <\/p>\n<p>According to <a href=\"https:\/\/x.com\/BobbyMarks42\" rel=\"nofollow\">ESPN NBA front office insider Bobby Marks<\/a>, the Nuggets would face a staggering $177 million luxury tax penalty if they waive <a href=\"https:\/\/basketnews.com\/players\/6504-jonas-valanciunas.html\" rel=\"nofollow noopener\" target=\"_blank\">Jonas Valanciunas<\/a> and sign <a href=\"https:\/\/basketnews.com\/players\/36352-peyton-watson.html\" rel=\"nofollow noopener\" target=\"_blank\">Peyton Watson<\/a> to a $25 million-per-year extension.<\/p>\n<p>That figure does not include the money Denver would owe in salaries, which would climb above $225 million. It represents only the luxury tax bill on top of that.<\/p>\n<p>For perspective, the largest luxury tax bill ever paid by an NBA team was $176.9 million by the Golden State Warriors in the 2023-24 season, when they were still trying to extend their Stephen Curry-Klay Thompson-Draymond Green dynasty core.<\/p>\n<p> Nuggets expected to match Peyton Watson offers <\/p>\n<p>The Nuggets remain open to either keeping or parting ways with their talented young forward this offseason.<\/p>\n<p>According to <a href=\"https:\/\/basketnews.com\/news-251406-nuggets-to-match-peyton-watson-free-agency-offers-but-theres-a-catch.html\" rel=\"nofollow noopener\" target=\"_blank\">Sam Amick of The Athletic<\/a>, Denver plans to match any offers Watson may receive as a restricted free agent, but the franchise is also willing to explore sign-and-trade possibilities.<\/p>\n<p>&#8220;The Denver Nuggets intend to match any offers for restricted free agent Peyton Watson when the NBA&#8217;s moratorium lifts on Monday, said league sources who were granted anonymity to discuss the ongoing negotiations,&#8221; Amick wrote.<\/p>\n<p>&#8220;Yet as the Nuggets and Watson&#8217;s agent, Rich Paul of the Klutch Sports Group, have continued to be apart in negotiations for a new contract, sources say Denver is also very open to the prospect of a sign-and-trade for the 23-year-old forward.&#8221;<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/image-474006-any718x552.jpg\" title=\"\" alt=\"\" border=\"0\"\/><\/p>\n<p>Credit AP &#8211; Scanpix<\/p>\n<p>Per Amick, the Brooklyn Nets and Los Angeles Clippers are the only teams financially capable of making such a sign-and-trade deal involving Watson.<\/p>\n<p>In the Clippers&#8217; case, while they have shown &#8220;legitimate interest&#8221; in Watson, the team is facing a dilemma related to Bennedict Mathurin&#8217;s separate restricted free-agency situation.<\/p>\n<p>Watson is considered one of the top players still available on the NBA free agency market.<\/p>\n<p>The 23-year-old enjoyed a breakout 2025-26 season, averaging career highs across the board, though a hamstring strain cut his promising campaign short.<\/p>\n<p>Watson appeared in 54 games, including 40 starts, and averaged 14.6 points, 4.9 rebounds, 2.1 assists, and 1.1 blocks in 29.6 minutes per game. He also took a major step forward in efficiency, shooting 49.1% from the field and a career-best 41.1% from three-point range.<\/p>\n<p> Nuggets expected to waive Valanciunas <\/p>\n<p><a href=\"https:\/\/www.si.com\/nba\/nuggets\/onsi\/nuggets-are-running-out-of-time-with-jonas-valanciunas\" rel=\"nofollow noopener\" target=\"_blank\">According to Logan Struck of Sports Illustrated<\/a>, the Colorado club is leaning towards waiving Valanciunas, which would save them $8 million and allow the center to hit free agency.<\/p>\n<p>Valanciunas has partially guaranteed contract with the Nuggets for next season.<\/p>\n<p>If the veteran center is waived by July 8, Denver is responsible for $2 million of his $10 million salary. The Nuggets could also stretch the protected salary over three seasons.<\/p>\n<p> Growing NBA interest in Jonas Valanciunas <\/p>\n<p>In the wake of his looming contract deadline with the Nuggets and his <a href=\"https:\/\/basketnews.com\/news-250406-jonas-valanciunas-zalgiris-nba-future-euroleague.html\" data-mrf-link=\"https:\/\/basketnews.com\/news-250406-jonas-valanciunas-zalgiris-nba-future-euroleague.html\" rel=\"nofollow noopener\" target=\"_blank\">pending move to Zalgiris Kaunas<\/a> should he get cut by Denver, Jonas Valanciunas is <a href=\"https:\/\/basketnews.com\/news-251339-jonas-valanciunas-nba-future-draws-huge-lakers-nuggets-new-update.html\" rel=\"nofollow noopener\" target=\"_blank\">reportedly drawing significant consideration now around the NBA<\/a>.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/image-444655-any718x552.jpg\" title=\"\" alt=\"\" border=\"0\"\/><\/p>\n<p>Credit AP &#8211; Scanpix<\/p>\n<p>This interest is deeply rooted among teams looking to add size and frontcourt presence, as reported by Marc Stein and Jake Fischer.<\/p>\n<p>&#8220;NBA interest in the 34-year-old only seems to be growing given the increasing need for proven size that so many teams feel,&#8221; both insiders wrote.<\/p>\n<p>Valanciunas has proven himself to be a productive big man in the NBA this past season. Across 65 appearances as Nikola Jokic&#8217;s backup, he averaged 8.7 points, 5.1 rebounds, and 1.2 assists while maintaining a highly efficient 58.2% field goal percentage for Denver.<\/p>\n<p>                                                    <a href=\"https:\/\/basketnews.com\/plus?utm_source=basketnews_com&amp;utm_medium=bn_plus&amp;utm_id=UA-259273-31&amp;utm_campaign=banners_free_content_for_not_members_bottom_6\" class=\"banners_paid_content_info_block_white banners-paid-content-info-block-white\" data-google-interstitial=\"false\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>                                                <img decoding=\"async\" class=\"bn-plus-img img-fluid\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/bn-plus.png\" alt=\"\"\/><\/p>\n<p>                                            Thank you for reading us! 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It helps us a lot, and we are committed to delivering you the very latest basketball news.<\/p>\n","protected":false},"excerpt":{"rendered":"The Denver Nuggets would face a staggering $177 million luxury tax penalty if they waive Jonas Valanciunas and&hellip;\n","protected":false},"author":2,"featured_media":750232,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4,450,451,3,452,453],"class_list":["post-750231","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking-news","tag-breaking-news","tag-breakingnews","tag-headlines","tag-news","tag-top-stories","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/750231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=750231"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/750231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/750232"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=750231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=750231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=750231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}