According to League Alerts exclusive report, Lithuanian center Valanciunas is willing to give up all his salary in the Nuggets in order to leave the NBA and join European club Greek giant Panasinakos.

Valanciunas' contract with the Nuggets is about $23.4 million ($10.395 million, $10 million) for two years, of which the second year is insured.

And Basketnews reported earlier today that Valanciunas is "close" to accept the offer from Panasinakos. According to Basketnews article, Valanciunas is a three-year contract worth 12 million euros (about 14.1 million US dollars).