A report on Friday stated that the 33-year-old center had arrived in Athens and was preparing to undergo a physical and finalize a three-year deal worth 12M euros with the Greek team.

The Denver Nuggets and Jonas Valanciunas are about to be locked in a staredown. Denver agreed to a trade for Valanciunas, the veteran center, earlier this week. Then reports came out that Valanciunas had been offered a multi-year contract by Greek powerhouse Panathinaikos.

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