The Nuggets informed Valanciunas' representatives that "the franchise fully intends to have him honor his contract," reports ESPN’s Shams Charania. If Denver sticks to its guns on this, the conversation is over.

The Denver Nuggets have had a pretty impressive offseason. Since it began, Denver has acquired Cameron Johnson for Michael Porter Jr., brought back Bruce Brown, and signed Tim Hardaway Jr. They also traded Dario Saric for Jonas Valanciunas, but there's been a problem.

The Denver Nuggets have informed Jonas Valanciunas ' representatives that the franchise fully expects the center to honor his contract, sources said.