It appears Vlatko Cancar won’t be testing free agency. The Nuggets and Cancar are negotiating a new contract, The Athletic’s Tony Jones tweets.
Denver is declining the $2,346,606 option on Cancar’s current contract due to luxury tax concerns, but it appears that move is the first step in getting the forward back on a deal that would benefit both dies. If Cancar re-signs with the Nuggets on a minimum-salary deal, he would project to make $2,432,511 in ’24/25, while the team would carry a cap hit of $2,093,637.
- Due to a lack of contracts they could package with their first-round pick at No. 28 to obtain another impact player, the Nuggets are likely to retain the pick and seek out another late-round gem, Bennett Durando of the Denver Post writes.