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Warriors, Knicks, Lakers Top Latest NBA Franchise Valuations

December 13th, 2023 at 2:06pm CST by Luke Adams

The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico (subscription required), who unveiled the website’s updated NBA franchise valuations for 2023 on Wednesday.

Badenhausen projects the Warriors’ value at $8.28 billion, making them one of three teams to surpass the $7 billion mark this year. The Knicks have a projected worth of $7.43 billion, while the Lakers come in at $7.34 billion, per Sportico.

As Badenhausen details, Sportico spoke to more than 30 team executives, owners, investors, bankers, consultants, and lawyers in compiling their latest NBA franchise valuations. According to Sportico, the average value of an NBA team is up 33% from a year ago and 70% from when the site first started publishing valuations three years ago.

A combination of factors are contributing to the soaring value of NBA franchises, says Baudenhausen. Those factors include national media deals, international opportunities, scarcity (ie. only 30 teams are available), and an equal 1/30th stake in the league.

In the past, we’ve used Forbes as our primary source for NBA franchise valuations, but with Badenhausen making the move from Forbes to Sportico in recent years and the outlet establishing itself as a go-to resource for sports business news, we’re highlighting Sportico’s projections in 2023.

Of course, it’s worth noting that figures from Sportico, Forbes, or any other media outlet are just estimates and often don’t quite match up with the sale prices for franchises that change hands. But thse projections are usually in the right ballpark and remain useful for getting a sense of the league’s most and least valuable teams.

Here’s Sportico’s full list of NBA franchise valuations for 2023:

Golden State Warriors: $8.28 billion
New York Knicks: $7.43 billion
Los Angeles Lakers: $7.34 billion
Boston Celtics: $5.12 billion
Chicago Bulls: $4.83 billion
Los Angeles Clippers: $4.56 billion
Miami Heat: $4.17 billion
Philadelphia 76ers: $4.13 billion
Toronto Raptors: $4.11 billion
Houston Rockets: $4.05 billion
Dallas Mavericks: $4.03 billion
Phoenix Suns: $4 billion
Brooklyn Nets: $3.98 billion
Sacramento Kings: $3.46 billion
Denver Nuggets: $3.4 billion
Atlanta Hawks: $3.35 billion
Washington Wizards: $3.33 billion
San Antonio Spurs: $3.29 billion
Portland Trail Blazers: $3.28 billion
Indiana Pacers: $3.27 billion
Utah Jazz: $3.24 billion
Cleveland Cavaliers: $3.22 billion
Milwaukee Bucks: $3.2 billion
Orlando Magic: $3.12 billion
Detroit Pistons: $3.1 billion
Oklahoma City Thunder: $3.08 billion
Charlotte Hornets: $3 billion
Minnesota Timberwolves: $2.94 billion
Memphis Grizzlies: $2.82 billion
New Orleans Pelicans: $2.72 billion

For the most part, the most significant valuation increases (by percentage) within the last year belonged to the teams on the bottom half of this list. Besides the Bucks, whose projection rose by 32%, every franchise in the bottom 10 received at least a 50% bump from Sportico’s 2022 valuations.

The Nuggets, who cracked the top half of this list following their 2023 championship, were another big riser — their valuation increased by 60% and they moved up six spots.

It’s worth noting that the Mavericks‘ reported valuation in Mark Cuban‘s sale to the Adelson and Dumont families reportedly came in around $3.5 billion, well below Sportico’s valuation.

However, more recent reporting has suggested the final valuation will be closer to $4 billion when the transaction closes. That was also a unique situation since Cuban is retaining control of basketball operations as part of the sale agreement, despite surrendering majority control of the business. He’ll hang onto about 25% of the franchise, according to Sportico.

Atlantic Notes: Raptors, Sims, Hartenstein, Walsh

December 12th, 2023 at 4:05pm CST by Luke Adams

Raptors head coach Darko Rajakovic isn’t oblivious to the calls to modify his starting lineup, but he’s not prepared to make any changes yet. In a media session on Tuesday, Rajakovic said he wants to give his current starting five – Dennis Schröder, Scottie Barnes, OG Anunoby, Pascal Siakam, and Jakob Poeltl – “another game or two” to figure things out, tweets Josh Lewenberg of TSN.ca.

The five-man group has a minus-4.7 net rating in 270 minutes so far this season. As Lewenberg observes, the starters have been outscored in six of the Raptors’ last seven games and the club lost all six of those games. If there are no positive steps forward within the next couple games, it sounds like Rajakovic is open to shaking things up.

“It’s not something that’s completely off the table,” he said today.

Here’s more from around the Atlantic:

Eric Koreen and John Hollinger of The Athletic teamed up to examine what it would look like if the Raptors become trade deadline sellers, weighing the trade value of players like Siakam and Anunoby. Hollinger also digs into what a trade sending Siakam to the Hawks might look like, suggesting a package of a couple first-round picks (Sacramento’s lottery-protected 2024 pick and Atlanta’s own “lightly protected” 2029 selection), De’Andre Hunter, and Bogdan Bogdanovic in exchange for Siakam and Christian Koloko.
While Jericho Sims got the starting nod in the Knicks‘ first game without center Mitchell Robinson, Isaiah Hartenstein played more minutes than Sims did and was part of the closing lineup, notes Fred Katz of The Athletic. Katz takes a closer look at what Robinson’s extended absence will mean for New York, exploring whether additional lineup and rotation tweaks may be necessary if Sims continues to start.
Celtics forward Jordan Walsh has yet to make his regular season NBA debut, having spent much of his rookie season so far in the G League. According to Chris Forsberg of NBC Sports Boston, head coach Joe Mazzulla – who has said he wants to see Walsh focus on defense and impacting the game without scoring during his time in Maine – is keeping tabs on the rookie’s progress. “We get an email after every game,” Mazzulla said. “Craig [Luschenat], our guy who works with our player development, and [Maine head coach] Blaine [Mueller] are in constant communication and then we have constant development checklist of what’s important to us, where we want him to be at the end of the season, where we want him to be in a year from now.”

Charania’s Latest: Siakam, Bulls, Tucker, Vincent, Morant, Grizzlies

December 11th, 2023 at 11:02am CST by Arthur Hill

Rival teams believe Pascal Siakam is the most likely player to be traded if the Raptors decide to break up their core, according to Shams Charania of The Athletic.

Charania identifies the Hawks, Kings and Pacers as “expected suitors” for either Siakam or OG Anunoby. Atlanta had “intense conversations” with Toronto during the offseason about a potential Siakam deal, and Sacramento and Indiana have both reached out to the Raptors about his availability over the past year, according to Charania. However, he adds that the Kings are becoming more confident that they can develop into a contender with their current roster and may be less likely to pursue a major trade.

Both players are headed toward free agency next summer, with Siakam on a $37.9MM expiring contract and Anunoby holding a $19.9MM player option for 2024/25 that he’s virtually certain to decline. Toronto’s front office might be more aggressive about seeking a trade after losing free agent Fred VanVleet this offseason, but a rival executive tells Charania to expect “a game of chicken” from the Raptors all the way to the deadline.

Charania offers an inside look at several other teams:

The Bulls have won four straight games without Zach LaVine, but his injury setback is expected to slow down any progress toward a trade. Charania identifies the Lakers and Sixers as potential destinations, but adds that both teams are being patient while considering their options. Several teams have called about Alex Caruso, league sources tell Charania, but Chicago’s front office has no interest in moving him.
P.J. Tucker is unhappy with his current situation, and the Clippers are working with him to resolve it, either by giving him a larger role or moving him elsewhere, according to Charania. Tucker, who came to L.A. in the James Harden trade, hasn’t played since November 27 and is mainly serving as a mentor to the team’s younger players. Charania hears that multiple contenders are keeping an eye on Tucker’s potential availability.
The Lakers could have Gabe Vincent back on the court by next Monday, sources tell Charania. After signing as a free agent this summer, Vincent has been dealing with a left knee effusion that has limited him to four games.
Grizzlies guard Ja Morant “looks good” as he prepares to return from his suspension, according to Charania’s sources. Commissioner Adam Silver said over the weekend that Morant “has complied with everything he’s been asked to do.” He could be cleared to return as early as December 19 for a game at New Orleans.
The Grizzlies will have to remove someone from their roster when Morant is reinstated, and they would prefer to keep veteran center Bismack Biyombo, according to Charania. Memphis signed Biyombo to a one-year, $5MM contract after an injury sidelined Steven Adams for the season, and he has been a capable fill-in, averaging 6.1 points, 7.0 rebounds and 1.25 blocks in 15 games. Sources tell Charania that Memphis has been active in trade talks around the league involving other players on its roster.

Injury Notes: Thompson, Edwards, McDaniels, Hunter, Irving, Markkanen, Kessler, Little

December 10th, 2023 at 9:50pm CST by Dana Gauruder

Amen Thompson, the fourth pick of the draft, will return to action on Monday. He’s no longer listed on the Rockets’ injury report.

Thompson will jump right back into the rotation when his team faces San Antonio, Jonathan Feigen of the Houston Chronicle reports. He’s been out since Nov. 1 due to a right ankle sprain.

“The plan is to incorporate him back into the lineup,” head coach Ime Udoka said. “Obviously, we have guys playing well, so we have to find minutes and opportunity there, and we’ll tweak our rotation some once we get him in with certain groups.”

We have more injury-related news with 13 games on Monday’s schedule:

Timberwolves star Anthony Edwards is listed as questionable against New Orleans due to a right hip pointer. Forward Jaden McDaniels (right ankle sprain), who hasn’t played since Nov. 20, is also listed as questionable, the team’s PR department tweets.
Hawks forward De’Andre Hunter (right quad tendon soreness) is listed as questionable against Denver, Lauren Williams of the Atlanta Journal Constitution tweets. He played 37 minutes against Philadelphia on Friday.
Kyrie Irving (right heel contusion) and Josh Green (right elbow sprain) are among the Mavericks players listed as out for their game against Memphis, Damichael Cole of the Memphis Commercial Appeal tweets.
The Jazz will be missing two key frontcourt players when they face Oklahoma City. Forward Lauri Markkanen (left hamstring strain) and center Walker Kessler (right foot soreness) won’t play, Joel Lorenzi of The Oklahoman tweets.
The Suns’ Nassir Little has an orbital fracture and is in the NBA’s concussion protocol, Gerald Bourguet of PHNX Sports tweets. Phoenix hosts Golden State on Tuesday.

Trae Young Fined For Confronting Official

December 10th, 2023 at 1:05pm CST by Arthur Hill

Hawks guard Trae Young has been fined $25K for “confronting and directing inappropriate language toward a game official,” the league announced (via Twitter). The incident took place after Wednesday’s one-point loss to Brooklyn as Young thought he was fouled by Dennis Smith Jr. while trying to get off a potential game-winning shot (Twitter video link). The league’s last-two-minute review confirmed that Smith’s play was legal, tweets Kevin Chouinard of Hawks.com.

Southeast Notes: Hawks, Ball, Heat, McClung

December 5th, 2023 at 9:08am CST by Luke Adams

With Jalen Johnson unavailable due to a wrist injury, the Hawks have been experimenting a little more with different frontcourt combinations, including playing centers Clint Capela and Onyeka Okongwu alongside one another, writes Lauren Williams of The Atlanta Journal-Constitution (subscription required).

The pairing is very much a work in progress, particularly on the offensive end, but it showed some intriguing potential against bigger teams like San Antonio and Milwaukee, according to Williams.

“There’s certain times in the game where that allows itself and there’s certain matchups where I think it pays dividends defensively,” head coach Quin Snyder said. “(Saturday vs. Milwaukee) was one of those nights).”

For his part, Okongwu is on board with the idea of handling power forward alongside Capela if it means he’ll get an opportunity to play a little more.

“Whatever it takes for me to be on the court longer, I’ll do it,” Okongwu said. “Playing the four, it’s obviously is an adjustment but nothing I can’t do.”

Here’s more from around the Southeast:

Hornets guard LaMelo Ball still has a noticeable limp and isn’t expected to return anytime soon, but he’s no longer wearing a walking boot, tweets Roderick Boone of The Charlotte Observer. That’s a promising first step in Ball’s recovery from a severely sprained right ankle, which he’s scheduled to have reevaluated this week.
Buoyed by a seven-game winning streak in the first half of November, the Heat are 11-9 after 20 games, but many of their victories have come against subpar competition and they’ve lost four of their last five contests. Jimmy Butler kept coming back to one word when describing the team’s performance so far, per Barry Jackson of The Miami Herald. “We stand right where we don’t want to be, which is very mediocre, not good, not bad, not great, not any of those things,” Butler said. “Just mediocre. You talk about our offense has been mediocre. You talk about our defense has been mediocre. That’s the word I would use.”
Mac McClung, who has been playing for the Magic‘s G League affiliate this season, was named the NBAGL’s player of the month for November, the league announced on Monday (Twitter link). McClung averaged 25.4 points, 5.7 assists, and 4.3 rebounds per game in nine November contests for the Osceola Magic, but isn’t under contract with Orlando — the 2023 slam dunk champion remains an NBA free agent, available to sign with any team.

Eastern Rumors: Nets, Quickley, Hawks, Hayward, Martin

November 29th, 2023 at 3:22pm CST by Luke Adams

Executives around the NBA continue to monitor Nets forwards Dorian Finney-Smith and Royce O’Neale, who were considered trade candidates during the offseason, writes Michael Scotto of HoopsHype.

Rival executives believe Brooklyn will seek the equivalent of two first-round picks for Finney-Smith, though they hope that cost will drop closer to the deadline, according to Scotto, who adds that some execs who spoke to HoopsHype think the Nets would want a protected first-round pick for O’Neale. Finney-Smith still has multiple years left on his contract, while O’Neale is on an expiring deal.

Teams are also eyeing Nic Claxton and are curious to see whether Brooklyn is willing to roll the dice on re-signing him as an unrestricted free agent next summer, since he won’t become extension-eligible before then. For now, the Nets view Claxton as part of their core and wouldn’t be inclined to move him unless they get an offer that blows them away, Scotto explains.

Finally, some NBA executives think that veteran guard Spencer Dinwiddie might be available on the trade market later this season — and they think he’d have some value. “Dinwiddie can help a team and make big shots,” one exec told Scotto.

Scotto has more trade rumors and notes from around the Eastern Conference. Let’s dive in…

Rival teams are keeping an eye on whether or not the Knicks will make Immanuel Quickley available, according to Scotto, who says the guard was seeking about $25MM per year on a rookie scale extension before the season, while New York offered approximately $18MM annually. “I think Quickley might be New York’s best trade asset besides Jalen Brunson,” one league executive told HoopsHype.
The Hawks still have some trade interest in Raptors forward Pascal Siakam, says Scotto. De’Andre Hunter and Clint Capela were mentioned during the offseason as possible trade candidates for Atlanta and Scotto believes one or both players could be available again before February’s deadline. However, the Mavericks‘ interest in Capela has diminished due to the strong play of rookie Dereck Lively, Scotto notes.
Multiple “playoff-caliber” teams have been in touch with the Hornets to gauge the potential availability of veteran forward Gordon Hayward, per Scotto.
Scotto also reports that teams have expressed some exploratory interest in Sixers wing KJ Martin, who was part of the James Harden blockbuster earlier this month. Martin has played a limited role in Philadelphia but is coming off a solid year in Houston.

Players, Coaches Gripe About Tournament’s Point Differential Tiebreaker

November 29th, 2023 at 1:45pm CST by Luke Adams

As teams battled for a spot in the quarterfinals of the NBA’s first in-season tournament, point differential served as an important tiebreaker. It was used in several instances to determine the winner of a group, a conference’s wild card team, and the seeding of certain quarterfinalists.

That sort of tiebreaker is necessary in the round robin stage of an event that sees 30 teams playing just four games, since there will be many identical records and several instances in which head-to-head record won’t suffice.

However, a number of players and coaches around the NBA weren’t thrilled by the late-game situations created by the focus on point differential, as ESPN details. Knicks forward Josh Hart was one player to express dissatisfaction with the idea that his team had to try to run up the score on Tuesday vs. Charlotte in order to advance.

“It was interesting. I don’t really like it,” Hart said. “We were focused, at first, just about winning. The last couple of minutes it feels weird. At a certain point, you just start chasing points, doing all that. So it kind of messes with the integrity of the game a little bit.”

Teams like the Celtics and Cavaliers, meanwhile, kept their starters on the floor in Tuesday’s games well past the point that the outcomes had been decided in the hopes of widening their respective leads and improving their overall point differentials. Echoing Hart, both Jaylen Brown and Donovan Mitchell referred to it as “a little weird.”

“It’s tough because that’s just not how the game is supposed to be played,” Brown said.

Hawks head coach Quin Snyder, who pulled his starters with about four minutes left vs. Cleveland, said the situation wasn’t “ideal,” while Bulls head coach Billy Donovan was unhappy about Boston padding its lead by repeatedly fouling Andre Drummond in the fourth quarter to send the big man to the free throw line (he made one of six attempts).

“I also understand the situation he’s in too. He’s got to coach his team and do what’s right,” Donovan said of Celtics coach Joe Mazzulla. ”But I think it was putting Andre in a tough spot down 30 points. But this is from the league. This is what the league has done, making this point differential thing.”

Concerns about the effect the point differential tiebreaker had near the end of certain games arose last Friday as well. DeMar DeRozan was ejected late in a loss to Toronto for taking exception to the Raptors attempting to score when the shot clock was off. In that case, Toronto had already been eliminated from qualifying for the quarterfinals, but appeared to be unaware of that fact.

Assuming the in-season tournament returns in 2024/25, it will be interesting to see if the NBA tweaks its tiebreaker rules to address concerns from players and coaches, or if the league will simply count on everyone getting more accustomed to the format and learning to live with it.

Making total points allowed a tiebreaker rather than point differential would be one way to eliminate the incentive for teams to run up the score in a blowout. However, a change along those lines could result in unwanted side effects, including slowing down the pace of tournament games.

Schedule For NBA Tournament Non-Qualifiers Set

November 29th, 2023 at 7:45am CST by Dana Gauruder

The NBA in-season tournament will reach the quarterfinal stage next week and the eight qualifiers and their seeds were finalized on Tuesday. The 22 teams that failed to advance had two holes in their schedules that needed to be filled.

Those matchups were determined late Tuesday evening, with each team receiving a home and away contest, NBA Communications tweets. The newly-scheduled games will take place next Wednesday (December 6) and Friday (Dec. 8).

The Cavaliers and Magic, who missed the quarterfinals despite their 3-1 tournament records, will face each other in Cleveland on Wednesday. Cleveland will then visit the Heat (2-2 tournament) on Friday.

The Nets, who also had a 3-1 tournament record, wound up with a road game against the Hawks (1-3) and home game against the Wizards (0-4)

The Sixers, who finished 2-2 in the tournament, drew a road game against the Wizards and a home game against the Hawks.

In the West, the Timberwolves were the only 3-1 tournament team that didn’t reach the quarterfinals. They’ll host the Spurs (0-4) and visit the Grizzlies (0-4).

The defending champion Nuggets will visit Los Angeles to face the Clippers (1-3), then head home to take on the Rockets (2-2). The Warriors, who were knocked out of contention by Sacramento on Tuesday, drew a home game against the Trail Blazers (1-3) and a road contest against the Thunder (1-3).

Here’s the full schedule for next Wednesday and Friday:

Wednesday, Dec. 6

Orlando at Cleveland
Memphis at Detroit
Miami at Toronto
Philadelphia at Washington
Brooklyn at Atlanta
San Antonio at Minnesota
Charlotte at Chicago
Oklahoma City at Houston
Utah at Dallas
Portland at Golden State
Denver at LA Clippers

Friday, Dec. 8

Toronto at Charlotte
Detroit at Orlando
Atlanta at Philadelphia
Washington at Brooklyn
Cleveland at Miami
Minnesota at Memphis
Golden State at Oklahoma City
Chicago at San Antonio
Houston at Denver
LA Clippers at Utah
Dallas at Portland

Two more regular season games will be added to the NBA’s schedule after the quarterfinals of the in-season tournament are complete, since the four teams that lose those matchups will require an 82nd game on their respective schedules.

Hawks’ Jalen Johnson Out At Least 3-4 Weeks

November 26th, 2023 at 1:53pm CST by Luke Adams

1:53pm: While Charania’s reporting (detailed below) suggested that testing on Johnson’s wrist didn’t show a fracture, the Hawks stated in a press release that the forward has been diagnosed with a left distal radius fracture.

However, the team’s announcement doesn’t necessarily contradict the recovery timeline provided by Charania. According to the Hawks, Johnson will be reevaluated in about three or four weeks.

11:30am: Hawks forward Jalen Johnson is expected to miss four-to-six weeks due to a left wrist injury, sources tell Shams Charania of The Athletic (Twitter link).

While Atlanta will have to get by without one of its most important players until at least late December – and possibly until sometime in January – there’s some good news, according to Charania. Testing on Johnson’s wrist showed no fractures or a need for surgery, which would’ve sidelined him for even longer. Charania refers to it as a “best-case scenario” (Twitter link).

As we outlined earlier today, Johnson left Saturday’s game vs. the Wizards about two-and-a-half minutes into the second quarter after taking a hard hit from Kyle Kuzma as he attempted to complete a fast-break dunk (video link). Johnson fell into the stanchion and landed on his left hand, which he immediately grabbed in obvious pain. After taking his free throws, he exited to the locker room and didn’t return.

Johnson had gotten off to an extremely strong start for the Hawks this season, establishing himself as a dynamic two-way player after having been known primarily for his defense in his first two NBA seasons.

Entering Saturday’s contest, the 21-year-old had averaged 14.6 points, 7.7 rebounds, and 2.5 assists in 31.4 minutes per night (14 games), with a .590/.421/.774 shooting line. He came off the bench a few times early in the season, but had started Atlanta’s past 10 games.

In Johnson’s absence, the Hawks figure to lean more heavily on De’Andre Hunter and Saddiq Bey, with second-year forward AJ Griffin moving up the depth chart and perhaps playing more regular minutes.