The Denver Nuggets have decided not to exercise Vlatko Cancar’s team option for the 2024-25 season, opting instead to pursue his return through free agency.

According to Bennett Durando of the Denver Post, Cancar’s $2.35 million team option was declined, paving the way for negotiations on a more flexible contract.

Cancar, who averaged 5 points and 2.1 rebounds per game last season, is expected to re-sign with Denver on a one-year minimum deal.

This move allows the Nuggets to increase Cancar’s salary while strategically managing their cap space for potential roster enhancements.

The decision comes amid Denver’s offseason plans to optimize its lineup for the upcoming NBA season.

By declining the team option, Denver retains financial flexibility while retaining a promising young player in Cancar.