Nuggets waive Kostas Papanikolaou

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The Nuggets reportedly planned to waive Kostas Papanikolaou – acquired in the Ty Lawson  trade – but they held off.

They finally did it – before his $4,797,664 salary would have become guaranteed next Sunday.

Marc Stein of ESPN:

The Denver Nuggets have waived forward Kostas Papanikolaou, according to league sources.

Chris Dempsey of The Denver Post:

The 25-year-old Papanikolaou didn’t shoot well with the Rockets as a rookie last season, which really undermined his game. But he at least flashed the versatility that makes him an intriguing prospect.

He should have some teams kick the tires on him, apparently including the Nuggets. But as an unrestricted free agent, why would he choose Denver? He was just included in the Lawson deal to make salaries match. He might choose to re-sign with the Nuggets, but I doubt he’ll have more allegiance to them than any other suitor.