Hawks Rumors

Southeast Notes: Wright, Carter, Hampton, Bogdanovic, Clifford

With veteran guard Delon Wright sidelined indefinitely due to a strained right hamstring, the Wizards missed his perimeter defense in a 127-117 loss to the Pacers Friday night, per Chase Hughes of NBC Sports Washington.

Though the 6’5″ combo guard is averaging a modest 6.5 PPG, 3.3 APG and 2.5 RPG in his four games with Washington, he gives the team size as a reserve guard and wing toughness that it had lacked last season, Hughes opines.

“It’s tough,” shooting guard Bradley Beal said of life without Wright. “You could see it tonight because he’s a pest on defense, he gets us those deflections. He’s just everywhere. He’s a pest. He gets in on the bigs, he gets those reach-ins, a lot of those things. He gets into the ball. Really good defender.”

The 30-year-old out of Utah signed a two-year, $16MM deal with Washington during the offseason. He suffered a grade two hamstring strain, and is expected to be unavailable for six-to-eight weeks. Hughes thinks that Beal, Monte Morris, and Will Barton will need to step up on the defensive side of the ball in the absence of Wright, as will small forward Deni Avdija, who has emerged as a versatile defender thus far, capable of defending smaller backcourt players.

There’s more out of the Southeast Division:

  • Magic starting center Wendell Carter Jr. has made a representation change. Khobi Price of The Orlando Sentinel tweets that the 6’10” big man has inked a new deal with LIFT Sports Management. Meanwhile, Price reports in a separate piece that Carter’s Orlando teammate R.J. Hampton is departing LIFT after the Magic opted not to exercise its team option on his fourth season.
  • Hawks guard Bogdan Bogdanovic is gradually moving through his recovery process from a May knee surgery. Atlanta is excited about the progress Bogdanovic has managed to make through his rehabilitation thus far, writes Lauren Williams of The Atlanta Journal-Constitution. “I’m back to the court activities, and I feel good, just a little out of basketball shape,” Bogdanovic told Williams. “You know, I need a rhythm back, you know, change of direction, explosive moves. But now I’m focusing on that.” Retired Hawks sharpshooter Kyle Korver, now the team’s director of player affairs and development, has made himself available to Bogdanovic so that the current Atlanta wing can tweak the mechanics of his shooting form post-surgery. “He helped me a lot, you know, especially through the challenging times, where I couldn’t, like, figure it out, how to make that transition, from use, to what I’m doing in the weightlifting room with the strength coaches, and everybody else, (physical therapy), how to translate it on the court,” Bogdanovic said.
  • Hornets head coach Steve Clifford can be credited at least in part with the club’s solid 3-3 start to the 2022/23 season, writes Roderick Boone of The Charlotte Observer. “I think Steve is one of the most underrated coaches in the league,” Warriors head coach Steve Kerr said. “His defensive schemes are really sharp. He always does some interesting things against us to make us think, to make us work for baskets. His teams tend to execute really well on the offensive side.” Clifford’s players appreciate the organization he is bringing to bear for the club during his second go-around running the show. “He communicates very well on what he wants from us, and if we don’t do that he holds us accountable,” Kelly Oubre said. “That’s everything in this league because obviously we have a young team, but at the end of the day we are trying to grow and learn and be the best in our profession.”

NBA Teams With Open Roster Spots

With 30 NBA teams each permitted to carry 15 players on standard contracts and a pair on two-way deals, there are a total of 510 roster spots available across the league. Nearly two weeks into the 2022/23 season, 500 of those spots are filled, with only 10 still up for grabs.

[RELATED: 2022/23 NBA Roster Counts]

The NBA’s transaction wire has been pretty quiet since the regular season tipped off on October 18, as the teams that began the year with open roster spots are in no rush to fill them.

In some cases, that’s about maintaining roster flexibility — teams want to be able to make trades where they acquire more players than they send out, or sign a free agent to a non-guaranteed contract to address a positional hole if multiple players start to go down with injuries.

In most cases though, it’s more about financial concerns. Many of the teams with open roster spots are either already over the luxury tax line or dangerously close to it.

Here are the teams that have open roster spots:

  • Atlanta Hawks
  • Charlotte Hornets
  • Cleveland Cavaliers
  • Golden State Warriors
  • Los Angeles Clippers
  • Miami Heat
  • Minnesota Timberwolves
    • Note: The Timberwolves’ opening is a two-way slot.
  • Philadelphia 76ers
  • Phoenix Suns
  • Portland Trail Blazers

Of these teams, the Timberwolves are the most likely to fill their roster opening in the coming days or weeks — since two-way signings don’t count against a team’s cap, there’s no compelling financial reason for a team not to be carrying two players on two-way deals.

Minnesota has a relatively healthy roster though, and the G League season hasn’t started yet, so there’s no urgent need to add a two-way replacement for Eric Paschall, who was waived last week.

Among the other teams on this list, only the Hornets and Cavaliers could sign a 15th man without any immediate luxury tax concerns, so they’re probably the first two teams to watch for potential signings. If they were to sign a player to a non-guaranteed contract, they’d only have to pay his daily salary and would be able to waive him at any time before January 7 without being on the hook for his full-season cap hit.

Forbes Releases 2022 NBA Franchise Valuations

For the first time since Forbes began issuing annual valuations of NBA teams over two decades ago, a team other than the Knicks or Lakers ranks atop the publication’s list of 2022’s most valuable franchises.

According to Mike Ozanian and Justin Teitelbaum of Forbes, the Warriors are now considered the NBA’s most valuable club, with a record-setting valuation of $7 billion following a championship season.

Forbes’ duo explains that the Warriors generated more revenue and operating income in 2021/22 than any other team in NBA history, buoyed by $150MM in arena sponsorships and advertising, along with $250MM from premium seating.

While the Warriors enjoyed the biggest bump in value since Forbes’ most recent round of valuations, every other NBA team saw its valuation rise during that time as well, according to Ozanian and Teitelbaum, who say the average franchise is now valued at $2.86 billion. That’s 15% more than a year ago, despite the fact that the stock market is down 15% over the same time period.

Of the NBA’s 30 teams, only one – the Nets – lost money last season, per Forbes’ report, which states that record-setting sponsorship and advertising revenue ($1.35 billion last season) has put the league back on its “pre-Covid growth trajectory.” Further growth is anticipated going forward, with a new television and media deal to be negotiated in the coming years — it will take effect in 2025.

Although Forbes’ figures are just estimates and often don’t quite match up with the sale prices for franchises that change hands, they’re still useful for getting a sense of the league’s most and least valuable teams.

Here’s Forbes’ full list of NBA franchise valuations for 2022:

  1. Golden State Warriors: $7 billion
  2. New York Knicks: $6.1 billion
  3. Los Angeles Lakers: $5.9 billion
  4. Chicago Bulls: $4.1 billion
  5. Boston Celtics: $4.0 billion
  6. Los Angeles Clippers: $3.9 billion
  7. Brooklyn Nets: $3.5 billion
  8. Dallas Mavericks: $3.3 billion
  9. Houston Rockets: $3.2 billion
  10. Philadelphia 76ers: $3.15 billion
  11. Toronto Raptors: $3.1 billion
  12. Miami Heat: $3 billion
  13. Phoenix Suns: $2.7 billion
  14. Washington Wizards: $2.5 billion
  15. Milwaukee Bucks: $2.3 billion
  16. Portland Trail Blazers: $2.1 billion
  17. Cleveland Cavaliers: $2.05 billion
  18. Sacramento Kings: $2.03 billion
  19. Utah Jazz: $2.025 billion
  20. San Antonio Spurs: $2 billion
  21. Atlanta Hawks: $1.975 billion
  22. Denver Nuggets: $1.93 billion
  23. Detroit Pistons: $1.9 billion
  24. Oklahoma City Thunder: $1.875 billion
  25. Orlando Magic: $1.85 billion
  26. Indiana Pacers: $1.8 billion
  27. Charlotte Hornets: $1.7 billion
  28. Minnesota Timberwolves: $1.67 billion
  29. Memphis Grizzlies: $1.65 billion
  30. New Orleans Pelicans: $1.6 billion

Team USA Rumors: Young, Beal, Allen, Embiid

Under former USA Basketball managing director Jerry Colangelo, continuity was a top priority for the men’s national team. Colangelo required players to make two-year commitments to the program, maintained a pool of about 40 Team USA players, and conducted training camps in summers when there was no major international competition.

However, as Joe Vardon of The Athletic details, new managing director Grant Hill has decided to take a different approach, having concluded – along with new Team USA head coach Steve Kerr – that it’s not realistic to expect NBA superstars to commit back-to-back summers to the national program.

The plan for Team USA is to spend the next several months, into the spring, building the team that will represent the country at the World Cup in the Philippines next fall. USA Basketball will then repeat that process the following year in preparation for the 2024 Olympics in Paris, Vardon writes.

While it remains to be seen which players will ultimately suit up for Team USA at those two events, Vardon’s article includes some additional info on potential candidates. Here are some highlights:

  • Hawks star Trae Young has long wanted to play for Team USA at a World Cup or Olympics, but hasn’t gotten the chance to do so yet. He’s optimistic he’ll get that chance now that Hill – a minority owner of the Hawks – is so involved in the process. “It’s exciting, knowing someone who has more of a say,” Young told Vardon.
  • Wizards star Bradley Beal missed the last World Cup due to the birth of his son and also had to sit out of the Olympics after contracting COVID-19, but he’s interested in playing for the team going forward. “I definitely see myself playing for USA,” Beal told Vardon. “That’s always been a goal of mine, obviously to play in the Olympics, but there’s a step to get there (the World Cup). So if it’s available to me, for sure.”
  • Cavaliers center Jarrett Allen is receiving “heavy consideration” from Team USA officials, according to Vardon. Allen would be interested if he’s invited to take part, telling Vardon he would “take a lot of pride in representing us on a stage in front of the world.”
  • Confirming a previous report from Marc Stein, Vardon says Team USA is very interested in Joel Embiid, a native of Cameroon who has French and U.S. citizenship. USA Basketball hasn’t begun a formal recruitment of Embiid, but doesn’t want to see him join a French frontcourt that already features Rudy Gobert and Victor Wembanyama.
  • Jayson Tatum, Bam Adebayo, Devin Booker, Khris Middleton, and Zach LaVine are among the players who won gold with Team USA in Tokyo and would be welcomed back if they want to play in the 2023 World Cup, says Vardon.

Hunter's Contract Could Have Major Tax Implications

  • It’s questionable whether Hawks owner Tony Ressler would actually be willing to pay a luxury tax unless the Hawks have 60-win potential, which is why De’Andre Hunter‘s extension could become an issue in the near future, according to John Hollinger of The Athletic. Hunter’s extension of four years and up to $95MM puts the Hawks in a bind as early as next summer if Bogdan Bogdanović picks up his $18MM option for 2023/24, Hollinger notes. They’ll also have to shell out big bucks to re-sign Dejounte Murray in 2024, so unless they clear cap space, the Hawks could be limited to using the taxpayer mid-level exception and still ending up paying the tax in ’23/24, then go even deeper into tax territory the following season.

Charania’s Latest: Lakers, Rozier, J. Richardson, Crowder

Hornets guard Terry Rozier was on the Lakers‘ radar over the offseason as a potential trade candidate, and Los Angeles still has a “high” level of interest in him, according to Shams Charania of The Athletic.

As Charania outlines, the Lakers and Hornets explored possible three- and four-team trade scenarios involving Rozier during the summer, but his availability during the season will depend on how Charlotte performs.

As Kevin O’Connor of The Ringer noted earlier today, Charlotte was mentioned as a possible landing spot for Lakers guard Russell Westbrook earlier in the year, but that was when the Hornets were interested in moving off some multiyear salary in preparation of a lucrative new deal for Miles Bridges. With Bridges’ basketball future up in the air, that may no longer be a priority.

Still, it’s possible that if the Hornets fall out of playoff contention, a deal structured around Westbrook, Rozier, and perhaps Gordon Hayward (who is owed $31.5MM in 2023/24) could appeal to the team, despite a reduced need to create future financial flexibility.

Here’s more from Charania:

  • The Lakers have had preliminary discussions in recent weeks about a possible trade involving Spurs swingman Josh Richardson, sources tell Charania. San Antonio still has a significant amount of cap room available this season and could take on Westbrook’s contract without having to match salaries. However, the Spurs would need to trade at least one more player in addition to Richardson to be able to absorb Westbrook’s $47MM+ cap hit.
  • Charania reiterates that the Bucks, Heat, and Hawks are potential suitors for veteran forward Jae Crowder, who remains away from the Suns as they seek a trade. According to Charania, Phoenix and Milwaukee have engaged in some recent discussions about a possible deal involving Crowder.
  • As we relayed in a full story earlier this morning, Charania also reported that the Timberwolves have discussed possible extensions with Naz Reid and Jaylen Nowell.

Bogdan Bogdanovic Still Not Able To Practice

Hawks’ Owner Ressler Talks Murray, Hunter, Expectations

After acquiring Dejounte Murray from San Antonio in a blockbuster trade that saw them give up three first-round picks (two unprotected) and a pick swap, the Hawks expect to be a playoff team and not just a play-in club in 2022/23, team owner Tony Ressler tells Jeff Schultz of The Athletic.

Ressler conducted separate one-on-one interviews with Schultz and Lauren Williams of The Atlanta Journal-Constitution to discuss the Murray trade, his expectations for the team, and a handful of other topics.

The Hawks’ owner stressed in both conversations that the team will have to wait to get to the 20- or 30-game mark to get a real sense of where it stands in the Eastern Conference, but Atlanta got off to a solid start on Wednesday with a 117-107 victory over Houston.

Here are a few of the more notable comments from Ressler’s two interviews, which overlap a little but are worth checking out in full:

On whether there was much internal debate over making the Murray trade:

“Yes, there was a lot of debate. Dejounte is a great player, and we gave up a lot to get him. There wasn’t debate about the quality of Dejounte and what he would bring to the Hawks. And now, our starting five, I think we have a good team. (Wednesday) was only one game, but it did say, ‘Hey, we have four guys who can give you 20 points any night.’ And if that’s an aberration, then we screwed up, but we don’t think it’s an aberration. We’re deeper and better than we were last year.”

On whether the Hawks felt like they were mortgaging their future and opening up a win-now window with the Murray deal:

“I try not to speak that way. That’s not good business talk. Good business talk is, ‘Is this a good trade for us now?’ Not, ‘We have to win now.’ As you point out, that’s a lot for any player, and it’s worthy of evaluation and discussion. After losing in the first round of the playoffs, we saw a lot of things we can do better, and we thought Dejounte would help us do many of those things. And we do still have some picks for the future, so we can still draft young players for the future. We’re not out of that part of the business.”

On why the Hawks felt comfortable signing De’Andre Hunter to a four-year extension worth at least $90MM:

“De’Andre has done everything well. He’s had some bad luck in his first three seasons, health-wise, whatnot, injury wise, but you know what, he’s a kid that can do everything. And he’s a great kid, he’s a great player, wants to get better. And for whatever it’s worth, we believe he’s getting better, continuing to get better and off a pretty high bar. So that’s a kid that you’re thrilled to have here. I actually think he complements the rest of our guys beautifully.”

On the desire to bring an NBA championship to Atlanta:

“Franchises that have won a championship or multiple championships I have grown to respect even more. This is my eighth season, and we still haven’t won a championship. I’m proud of the direction we’re moving in. But to be a great, top-tier NBA franchise, you must win a championship. Some people in our franchise are, ‘We won one in St. Louis.’ I don’t count that. I wasn’t there. I wasn’t born. I don’t give a f–k. Our job is to win a championship or multiple championships, and we’re not there, yet.”

Contract Extension Details: Porter, Hunter, Little

As previously reported, Kevin Porter Jr. new four-year extension with the Rockets is only fully guaranteed for the first season. As Kelly Iko of The Athletic reports and Hoops Rumors has confirmed, all four years of the deal have a base salary of $15,860,000, with an additional $4,758,000 available each year via incentives.

Those incentives are divided into two categories and are based on Porter’s minutes played and the success of the team, according to Iko, who says the team-based bonuses are tied to wins, play-in tournament appearances, and/or playoff berths. If Porter maxes out his incentives, the total four-year value of the deal would be $82,472,000, but the total base value if he doesn’t earn any bonuses is just $63,440,000.

Although Porter’s second-year salary isn’t guaranteed yet, it will become partially guaranteed for $1MM if he remains under contract through July 1, 2023, which is when the extension officially begins. That partial guarantee for the 2024/25 season will increase to $3MM at the start of the ’23/24 regular season and will rise to $6MM if Porter remains under contract five days beyond the 2024 trade deadline, as Iko outlines.

Porter can also earn a full guarantee for 2024/25 if he reaches a certain minutes threshold in ’23/24 and the Rockets also earn a top-eight seed and make the playoffs that season, Iko explains. Finally, as long as Porter remains under contract, his second-, third-, and fourth-year salaries will automatically become fully guaranteed on the June 30 before that season begins. The Rockets would have to waive him to avoid paying those salaries.

Here are details on a couple other contract extensions signed earlier this week:

  • De’Andre Hunter‘s four-year extension with the Hawks starts at $20,089,286 in year one and features standard 8% annual raises, increasing to $24,910,714 for year four. Each season includes $1.25MM in unlikely incentives, so $90MM is fully guaranteed and $5MM is available in incentives, as initially reported.
  • Nassir Little‘s four-year extension with the Trail Blazers also features a standard rising structure, beginning at $6,250,000 in 2023/24 and increasing by $500K per year, up to $7,750,000 in ’26/27. As initially reported, it’s fully guaranteed, with no team or player option.

Hunter Ready To Live Up To Contract

  • De’Andre Hunter got his rookie scale extension. Now, the Hawks forward wants to show he’s worthy of the four-year contract, which can be worth up to $95MM, Lauren Williams of the Atlanta Journal Constitution writes. “I mean, it’s gonna be my home for the next four or five years, whatever,” Hunter said. “Like I said, I’m just grateful, thankful that they gave me the opportunity, that they have so much faith in me as a player, just trying to work my butt off and do what I need to do to become a better player for the team.”