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For the second time in three months, the Denver Nuggets have waived forward Kostas Papanikolaou, league sources told Yahoo Sports.
The Nuggets released Papanikolaou, 25, to avoid guaranteeing the balance of his contract for the season. The league’s guarantee date is Thursday.
Papanikolaou was acquired by Denver as part of the trade that sent point guard Ty Lawson to Houston. He was waived for the first time Sept. 25. The Nuggets re-signed him Nov. 5.
Papanikolaou played 43 games with Houston as a rookie in 2014-15.