Despite receiving an offer from Greek Panathinaikos, the Denver Nuggets are set to proceed with their trade for Jonas Valančiūnas from the Sacramento Kings, per NBA insider Marc Stein.

The Nuggets landed the former first-round pick in a trade that sent Dario Saric to the Kings, but the deal cannot be completed until the new league year begins July 6.

Denver has also tried to land Jonas Valanciunas for the past couple of seasons, HoopsHype has learned. Heading into the upcoming season, Valanciunas is expected to have a big role in the team’s

Houston is parting ways with one of its young assets. Meanwhile, the market for the Warriors' restricted free agent is beginning to take shape.

On Monday, the NBA announced that the salary cap has been set at $154.647 million for the 2025-26 season, while the tax level is $187.895 million. The first apron level is set at $195.945 million, and the second apron level is $207.