The Denver Nuggets will proceed with their pending trade for Jonas Valanciunas and intend to uphold to his contract, as Marc Stein first reported, despite a lucrative offer from Greek club Panathinaikos and his interest in playing in Europe .

Jonas Valanciunas is looking to return to Europe instead of staying with the Denver Nuggets. The Nuggets recently agreed to send Dario Saric to the Sacramento Kings in exchange for Valanciunas, which became official on Sunday.

The Nuggets intend to hold Jonas Valanciunas to his NBA contract commitment despite his reported interest in an offer to return to the EuroLeague, a league source confirmed to The Denver Post on