It's become clear that neither the Denver Nuggets nor Greek club Panathinaikos knew what they were getting into when they both pursued center Jonas Valanciunas in recent weeks. However, the latest reporting suggests that a resolution to the saga surrounding the rights to the 13-year NBA veteran is likely near.

It apopears Jonas Valanciunas may not bolt the Denver Nuggets, after all. Per Altitude TV sideline reporter Vic Lombardi, Valanciunas will avoid heading to Greece despite a massive offer from Panathinaikos.