League sources say that Papanikolaou has been released by the Nuggets, Adrian Wojnarowski of The Vertical reports.

EDGE Analysis

Papanikolaou has started in a few games as of late, filling in for an injured Danilo Gallinari. Despite his increased minutes, Papanikolaou averaged just 4.6 points, 2.8 rebounds, 1.8 assists, and 1.2 three-pointers as a starter. He was much less valuable off the bench.