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Rookie Scale Option Decisions Due On Thursday

October 27th, 2024 at 5:29pm CST by Luke Adams

The NBA’s transaction wire has been pretty quiet since the regular season got underway on Tuesday, but we can still expect one last flurry of moves in October. The deadline for teams to exercise their 2025/26 team options on rookie scale contracts arrives on Thursday (October 31), and several of those decisions have yet to be reported or announced.

Unlike player or team options on veteran contracts, third- and fourth-year options on rookie scale contracts for former first-round picks must be exercised a year in advance. For instance, when the Thunder picked up Chet Holmgren‘s fourth-year option on Wednesday, they were locking in his salary for the 2025/26 season — his ’24/25 salary became guaranteed last October when the team exercised his third-year option.

As our tracker shows, 35 options have been picked up so far, but a number of teams still have decisions to make on players who were first-round picks in 2022 and 2023. Some of those remaining option decisions are no-brainers — the Hornets haven’t yet exercised Brandon Miller‘s $11.97MM option for 2025/26, but there’s no doubt they’ll do so.

Other decisions are less cut-and-dried. For example, the Bucks must decide whether they want to pick up MarJon Beauchamp‘s $4.78MM fourth-year option for ’25/26. Given Milwaukee’s position relative to the luxury tax line and the fact that Beauchamp has yet to secure a regular rotation spot, the Bucks may not want to lock in that cap hit.

Here’s the list of the 23 option decisions that have yet to be officially finalized:

Atlanta Hawks

Brooklyn Nets

Charlotte Hornets

Detroit Pistons

Golden State Warriors

Houston Rockets

Los Angeles Clippers

Los Angeles Lakers

Memphis Grizzlies

Milwaukee Bucks

Toronto Raptors

Washington Wizards

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And-Ones: Franchise Valuations, Breakout Candidates, Bitim, More

October 26th, 2024 at 9:21am CST by Luke Adams

Forbes has released its NBA franchise valuations for 2024, and according to Justin Teitelbaum and Brett Knight, the Warriors are the league’s most valuable team for a third straight season, with an estimated valuation of a whopping $8.8 billion. The Knicks ($7.5 billion), Lakers ($7.1 billion), Celtics ($6 billion), and Clippers ($5.5 billion) round out Forbes’ top five.

As Teitelbaum and Knight detail, franchise valuations are up 15% as a whole from last year’s estimates, with an average of $4.4 billion for the league’s 30 teams. Forbes projects that none of those 30 clubs would sell for less than $3 billion if it were put on the market today, with the No. 30 Grizzlies coming in at a valuation of exactly $3 billion.

According to Forbes, new and renovated arenas – which have led to an increase in local revenue via premium seating and sponsorship revenue – have helped spur growth across the league. Teitelbaum and Knight suggest that the Warriors’ total revenue during the 2023/24 season reached $800MM.

Here are more odds and ends from around the basketball world:

  • John Hollinger of The Athletic published an 11-player list of prime breakout candidates on Friday, naming Hawks guard Dyson Daniels, Raptors forward RJ Barrett, Hornets guard Tre Mann, and Rockets jack-of-all-trades Amen Thompson as a few of the players he believes are poised for big seasons.
  • Relaying reporting out of Turkey, Dario Skerletic of Sportando writes that forward Onuralp Bitim is believed to be drawing interest from Anadolu Efes in the EuroLeague after being waived by the Bulls last week. Bitim made his basketball debut with Anadolu Efes earlier in his career and also spent time with multiple other clubs in his native country of Turkey before signing a two-way contract with Chicago in the summer of 2023. He averaged 3.5 PPG and 1.4 RPG in 23 NBA games (11.7 MPG) last season.
  • Grizzlies center Zach Edey sits atop the rookie power rankings published by Jeremy Woo of ESPN (Insider link). Woo’s list, which ranks players based on their potential to make an immediate impact in 2024/25, also has Rockets guard Reed Sheppard, Hawks forward Zaccharie Risacher, Spurs guard Stephon Castle, and Wizards big man Alex Sarr in the top five.
  • Ben Golliver of The Washington Post takes a look at the new court designs for this season’s NBA in-season tournament and explains why last season’s issue with slippery surfaces shouldn’t be a problem this time around.
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Southeast Notes: J. Johnson, Suggs, Ball, Mann, Okongwu, Banchero, Miller

October 25th, 2024 at 12:51pm CST by Arthur Hill

Jalen Johnson‘s five-year extension with the Hawks was one of the last deals to be announced on Monday because the paperwork reached the league office just minutes before the 5:00 pm Central deadline, according to Brian Windhorst of ESPN. In an article co-written with Tim Bontemps, Windhorst states that the two sides didn’t come to an agreement until after Jalen Suggs reached an extension with the Magic. Both teams slightly increased their offers to get the deals finalized, sources tell Windhorst.

He adds that Hawks officials were relieved to get Johnson to commit to a five-year arrangement with no player option. Johnson is coming off a breakthrough season in which he averaged 16.0 points, 8.7 rebounds, 3.6 assists and 1.2 steals in 56 games, and at 23 he’s viewed as one of the young cornerstones of the franchise.

Scouts and executives from rival teams were impressed that Atlanta and Orlando were able to sign their young stars to contracts that will become less burdensome over time, Bontemps adds. The salary cap is projected to increase by up to 10% each season, but Johnson’s deal will stay flat at $30MM for each of the next five years, while Suggs’ salary starts at $35MM next season and declines until it reaches $26.7MM in 2029/30.

There’s more from the Southeast Division:

  • Hornets guard LaMelo Ball is wearing strong ankle braces to help avoid the injury problems that have ended his last two seasons, Bontemps reveals in the same piece. Ball was impressive with 34 points, eight rebounds and 11 assists in the season opener, and he got help from Tre Mann, who contributed 24 points off the bench and could be in line for a breakout season after being acquired from Oklahoma City in February. Sources tell Bontemps that Mann had offseason talks about a rookie scale extension with Charlotte, but wasn’t able to come to an agreement.
  • Center Onyeka Okongwu sparked the Hawks with 28 points, eight rebounds and three blocks in an opening night win over Brooklyn. He was happy to be able to play 28 minutes after missing time late last season with a toe injury and being used sparingly during the preseason, per Lauren Williams of The Journal-Constitution. “That was my main concern, just coming into this season,” Okongwu said. “It was my conditioning. I was blessed to spend my summer getting right, but I felt really good out there and I’m just happy we got the win.”
  • Magic forward Paolo Banchero has released the first installment of this year’s Andscape diary with Marc J. Spears. Banchero talks about growing up in Seattle, the adjustment to Orlando, the playoff series with Cleveland, advice from Jayson Tatum and Luka Doncic and a few other topics.
  • Brandon Miller will be reevaluated in a week after being forced out of Wednesday’s opener with a glute strain, the Hornets announced (via Twitter). Head coach Charles Lee talked to Rod Boone of The Charlotte Observer about the challenge of replacing Miller.
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Southeast Notes: Bufkin, Wizards, Carrington, Magic, Heat

October 24th, 2024 at 9:03pm CST by Tristan Tucker

Hawks second-year guard Kobe Bufkin suffered a partially dislocated right shoulder during a practice, the team announced Thursday in a press release. It’s the second time Bufkin has dislocated his shoulder in the last six months — he previously suffered the same injury ahead of Las Vegas Summer League in July.

Bufkin has had a rough go with injuries over the course of his young career. He was limited to just 17 games in his rookie season in 2023/24 after dealing with a fractured thumb and sprained toe. He averaged 4.8 points in 11.5 minutes per contest in his healthy appearances.

According to the Hawks’ release, Bufkin and the team are determining treatment options and an update will be provided at a later date. He’s likely to miss at least a few weeks. In the wake of his injury, guard Dyson Daniels will continue to get expanded opportunities.

In addition to not having Bufkin for Friday’s game, the Hawks are also listing Bogdan Bogdanovic as out with right hamstring tendinopathy, according to Lauren Williams of The Atlanta Journal-Constitution.

We have more from the Southeast Division:

  • The Wizards are once again expected to finish toward the bottom of the Eastern Conference standings this season, but The Athletic’s Josh Robbins observes that there’s now a sense of purpose in the rebuild. With younger players like Bilal Coulibaly and Corey Kispert under contract for the foreseeable future, and 2024 draft picks Alex Sarr, Carlton Carrington and Kyshawn George in the building, the Wizards have a sound core. “When I first came here, there really wasn’t infrastructure,” said forward Kyle Kuzma. “Everything was on the fly, you know? [Now, there’s] much more of a sense of purpose in that department.” In a similar story, The Washington Post’s Varun Shankar writes that 2023 hires Michael Winger (president of Monumental Basketball) and Will Dawkins (general manager) have been crucial in this process. Shankar also explores potential steps forward and considers which players could be on the move this year.
  • Sarr, this year’s No. 2 overall pick, made his NBA debut on Thursday against the Celtics. He finished with two points, five rebounds and two blocks. Carrington started the game next to Jordan Poole at the guard spot, while George played off the bench. According to Wizards PR (Twitter link), the team’s opening-night starting lineup (Sarr, Poole, Carrington, Coulibaly, and Kuzma) was the youngest in franchise history.
  • Carrington landed awkwardly following a layup attempt in the fourth quarter of the season-opening loss to Boston, Robbins observes (Twitter link). He was down for a while before limping off the court to the Wizards’ locker room. The rookie guard finished his NBA debut with three points, two assists and two blocks.
  • The Magic defeated the Heat in dominant fashion in their season opener, leading by as many as 32 points, with forward Paolo Banchero pouring in 33. According to Jason Beede of the Orlando Sentinel, the team’s three-point focus and depth were key takeaways, while Gary Harris‘s dominance from beyond the arc (he made six of his nine three-point attempts for 18 points) is something to note. “It sets the tone for what the standard is with this team,” Banchero said. “Everyone was telling each other this was a hell of a game setting the tone but this is setting the tone for how we’ve got to be every night.“
  • On the other side of the court, the 116-97 home loss to the Magic was a crushing blow to open the season for a Heat team that was enthusiastic about its new offensive system in the preseason. As Barry Jackson of the Miami Herald writes, Jimmy Butler and Bam Adebayo combined for just 12 points on 15.4% shooting in the loss. “Offensively, we have to trust some of the things that we’ve been working on in the preseason,” Heat coach Erik Spoelstra said. “It has looked a lot different than this. But obviously that’s a very good defense. That’s a top-five defense. They’re very active, long. So you have to trust what we do even more.“
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Southeast Notes: Williams, Lee, Johnson, McClung

October 22nd, 2024 at 10:46pm CST by Dana Gauruder

The Hornets won’t have their starting center available for the season opener. Mark Williams has been ruled out while he continues to rehab a left foot injury, the team’s PR department tweets. Williams has returned to on-court activity, so he should be back in action soon.

We have more from the Southeast Division:

  • Hornets first-year coach Charles Lee says he’s ready to get the season started, according to Roderick Boone of the Charlotte Observer. “I feel the same way — cool and calm — and I can feel that way because I feel like we’re prepared,” said Lee, whose team opens its season at Houston on Wednesday. “I think that we talked through a lot of situations offensively, defensively. We put in a good amount of information and I think it’s going to help us be competitive in the early part of the year. As the season continues to evolve, we’ll continue to evolve and will continue to put more things in on defense and on offense. But I feel great and a lot of it is because I have a really good team and a team that’s been open-minded the whole preseason. And they’ve been consistent with their work ethic and their work habits.”
  • The Hawks gave Jalen Johnson a giant commitment, signing him to a five-year, $150MM rookie scale extension. General manager Landry Fields was comfortable signing Johnson to a long-term deal because of his work ethic and attitude. “He’s competitive, he works his tail off and he’s willing to do what needs to be done in order to get better. For a lot of guys, that’s not always the case. But he embodies all of that,” Fields said, per The Athletic’s Jared Weiss and John Hollinger. “When we get those types of players, we want to invest in them. So we’re happy and excited to invest in him for our future because we see a high ceiling for him.” Johnson had a breakout last season after two nondescript seasons and is thrilled to have long-term security, according to Lauren Williams of the Atlanta Journal-Constitution. “I mean, Atlanta is where I want to be,” Johnson said. “There’s nothing, no doubt about that. I feel like we’re building something really special here, and I want to be a part of it. So it meant a lot for, you know, them to want to get something done with me as well.”
  • After toiling in the G League last season, Mac McClung is relieved to receive a two-way contract with the Magic, he told Jason Beede of the Orlando Sentinel. “It was a special moment,” he said. “I’ve been working hard to get something like this, so it was just very special and a relief, for sure.” McClung entered camp on an Exhibit 10 deal.
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Extension Notes: Kuminga, Kispert, Johnson, Gordon, Bridges

October 22nd, 2024 at 9:05am CST by Luke Adams

Although the Warriors think Jonathan Kuminga has All-Star potential, they weren’t willing to sign him at this time to the kind of long-term rookie scale extension he was seeking without a more concrete belief that he’ll reach that level, writes Monte Poole of NBC Bay Area.

[RELATED: No Extension For Jonathan Kuminga, Warriors]

As Poole explains, no one on Golden State’s roster besides Stephen Curry is making $30MM+ per year and Kuminga was seeking a deal that was worth “well beyond that amount.” While the Warriors aren’t opposed to making that sort of commitment to the fourth-year forward, they want to see more from him this season before signing off on such a significant contract.

“He took a leap last season,” one source told Poole. “They want to see another one before they make that investment. He’s still under their control. If Kuminga has a strong season, I know they’ll take care of him.”

Without a rookie scale extension in place, Kuminga will be a restricted free agent in 2025, giving the Warriors the right to match any offer sheet he signs with a new team.

Here are a few more notes from around the NBA on the contract extensions that did and didn’t get done on Monday:

  • Fred Katz of The Athletic (Twitter link) provides the year-by-year breakdown of Corey Kispert‘s four-year, $54MM+ extension with the Wizards, which will be worth $13.975MM in each of the first two years, then $13.05MM in years three and four. As previously reported, the final year is a team option.
  • Jalen Johnson‘s five-year, $150MM extension with the Hawks will have a flat structure, with $30MM annual cap hits, tweets Michael Scotto of HoopsHype.
  • As part of his extension with the Nuggets, Aaron Gordon picked up his $22.84MM option for 2025/26 rather than turning it down and getting a 40% raise (to $31.98MM) for that season. The Nuggets will be subject to the repeater tax and increasing tax rates next season, so the structure of the deal will allow them to save a projected $60MM in tax penalties for ’25/26, according to ESPN’s Bobby Marks (Twitter link).
  • Tony Jones and Sam Amick of The Athletic take a closer look at the impact of the Gordon extension, with Nuggets general manager Calvin Booth weighing in on why the team felt the need to get a deal done: “In many ways, Aaron is the heart and soul of the team. He does a lot of things on the floor that makes us go. The guys rally around him in the locker room, and now with this agreement, we can move forward as a unit. We are built as a team to go deep into the playoffs.”
  • The Knicks made the best extension offer they could to Mikal Bridges prior to Monday’s deadline, according to James L. Edwards III of The Athletic (Twitter link). However, New York was capped at approximately $61MM over two years due to extend-and-trade restrictions, whereas the team will be able to offer about $156MM over four years next offseason, so Bridges was always expected to hold off on a new deal.
  • Bobby Marks of ESPN (Insider link) takes a look at what’s next for some of the top players who didn’t sign rookie scale extensions by Monday’s deadline, including Kuminga and Bulls guard Josh Giddey, as well as highlighting a few of the notable veterans who remain eligible to sign extensions during the season, like Timberwolves center Rudy Gobert and Pelicans forward Brandon Ingram.
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Hawks Sign Jalen Johnson To Five-Year Extension

October 21st, 2024 at 5:34pm CST by Luke Adams

5:34pm: Johnson’s extension, which just narrowly beat the 5:00 pm Central time deadline, is official, according to NBA.com’s transaction log.

5:07pm: The Hawks have agreed to sign forward Jalen Johnson to a five-year rookie scale extension worth $150MM, agent Rich Paul tells NBA reporter Chris Haynes (Twitter link). The deal will be fully guaranteed, according to Shams Charania of ESPN (Twitter link).

Johnson, who will turn 23 in December, has steadily gained a bigger foothold in the Hawks’ rotation since seeing limited action in 22 games as a rookie in 2021/22. He broke out in a major way in his third NBA season, averaging 16.0 points, 8.7 rebounds, 3.6 assists, and 1.2 steals in 33.7 minutes per game while posting a shooting line of .511/.355/.728 in 56 outings (52 starts).

Injuries prevented Johnson from playing a full season in 2023/24, but he’s healthy this fall and appears poised to take another step forward for a retooling Hawks team that traded away one of its primary offensive options (Dejounte Murray) over the summer. Johnson has been one of the betting favorites for the Most Improved Player award ahead of the season.

With Johnson poised to take on a more significant role in year four, it made sense for the Hawks to move now to secure him to a long-term contract, since he could further increase his value with a big season in ’24/25.

Johnson’s $30MM-per-year extension puts him right in line with the five-year, $150.5MM deal that Jalen Suggs completed with the Magic and is the seventh-biggest rookie scale extension signed this offseason, behind Suggs, Alperen Sengun, and the four players who got maximum-salary commitments (Scottie Barnes, Cade Cunningham, Evan Mobley, and Franz Wagner).

Johnson and No. 1 overall pick Zaccharie Risacher project to be long-term cornerstones in Atlanta, while young center Onyeka Okongwu is also under contract for the next four seasons. Atlanta’s performance in 2024/25 may go a long way toward determining whether three-time All-Star Trae Young is also considered a part of that future core beyond his current contract, which has two guaranteed years remaining.

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Injury Notes: Jackson, Grizzlies, Sixers, Raptors, Bufkin

October 21st, 2024 at 4:00pm CST by Rory Maher

Grizzlies big man Jaren Jackson Jr. will be sidelined for Wednesday’s regular season opener vs. Utah but head coach Taylor Jenkins said there’s a chance he could suit up later this week, as Damichael Cole of The Memphis Commercial Appeal relays. Jackson was diagnosed with a low-grade hamstring strain at the beginning of October.

“Hamstring’s in a good spot, he’s been progressing well,” Jenkins said. “We’re going to be cautious, have him get a little more five-on-five in the next couple of days and probably trend more towards later in the week when he’ll return.”

Jackson has two years and about $48.7MM remaining on his contract. He was eligible to sign an extension worth $103MM over three years prior to Monday night’s deadline, but he’ll revisit a potential new deal in the offseason, sources tell ESPN’s Bobby Marks. That outcome was always considered likely, as the 2023 Defensive Player of the Year could earn far more money in 2025 than he can right now — he’d be eligible for a super-max extension if he wins DPOY, MVP or make an All-NBA team in 2024/25.

Jenkins also provided injury updates on Luke Kennard (foot soreness), Vince Williams (shin stress reaction), GG Jackson (foot surgery) and Cam Spencer (ankle sprain), Cole adds. Kennard will be sidelined for the first week of the season, Williams and Spencer are “still a couple of weeks away,” and Jackson will be reevaluated in late November.

Here are some more injury notes from around the NBA:

  • Joel Embiid (knee management) and Jared McCain (pulmonary contusion) were able to go through all of the Sixers‘ practice on Monday aside from 5-on-5 scrimmaging, tweets Derek Bodner of PHLY Sports. Free agent addition Paul George, who sustained a hyperextended left knee in preseason action, did not practice but will be reevaluated on Tuesday, per head coach Nick Nurse.
  • Raptors wings RJ Barrett and Ja’Kobe Walter practiced on Monday, but the team didn’t do any contact work, per Eric Koreen of The Athletic (Twitter link). Head coach Darko Rajakovic called Barrett day-to-day, while Walter is considered seven-to-10 days behind his veteran teammate. Both players are dealing with sprained AC joints in their right shoulders.
  • Second-year guard Kobe Bufkin suffered a right shoulder injury in Saturday’s practice and is undergoing testing to determine the severity of the injury, the Hawks announced (via Twitter). It’s unclear at this time how long Bufkin will be out, but he’ll be sidelined for Wednesday’s regular season opener, per the team. Bufkin was limited to just 17 games as a rookie last season due to toe and finger injuries.
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And-Ones: M. Williams, Rookies, International Prospects, G League Trade

October 20th, 2024 at 7:06pm CST by Dana Gauruder

Monty Williams will be a head coach after all this season, just not in the pro or college ranks.

Williams has accepted the head coaching job at TMI Episcopal prep school in San Antonio, where he will coach his son Elijah, NBA insider Chris Haynes tweets. The Pistons fired Williams in June just one season after he signed a six-year, $78.5MM contract.

Williams is replacing former NBA forward Bruce Bowen at the San Antonio prep school, Haynes adds in another tweet.

We have more from around the basketball world:

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Jalen Johnson Not Trending Toward Extension?

October 20th, 2024 at 5:21pm CST by Dana Gauruder

Jalen Johnson and the Hawks are not yet trending toward a rookie scale contract extension, Marc Stein reports in his latest Substack post.

Johnson is one of a handful of prominent players from the 2021 draft who has not signed an extension. In a Front Office column earlier this month, our Luke Adams ranked Johnson No. 1 among a group of nine players who are legitimate candidates for a rookie scale extension.

Another source informed Stein that Johnson has stood out during the Hawks’ training camp and the preseason. Johnson, the No. 20 pick in 2021, averaged 16.0 points, 8.7 rebounds and 3.6 assists in his breakout 2023/24 campaign while appearing in 56 games (52 starts).

Rookie scale extensions must be reached by Monday at 6 p.m. ET. Otherwise, those players will be restricted free agents next summer.

Here’s more from Stein:

  • As he reported over the weekend, Quentin Grimes is a prime candidate for an extension, according to Stein, who says the Mavericks and Grimes, who was acquired from the Pistons during the offseason, are discussing a three-year deal.
  • Trey Murphy III and the Pelicans are also in active extension negotiations ahead of Monday’s deadline, league sources tell Stein. Murphy will miss the early portion of this season with a hamstring injury but has been highly productive when healthy. The five-year, $135MM extension signed in October 2023 by San Antonio’s Devin Vassell is a potential comparable for Murphy, Stein notes.
  • Reiterating a tweet from Saturday, Stein says the Magic’ Jalen Suggs is seeking a deal with an average annual value of at least $30MM.
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