- If the Kings do sell, Harrison Barnes, Buddy Hield, and Nemanja Bjelica will be among the players to monitor. Barnes is known to be on the Celtics‘ radar, while the Sixers – who have long been tied to Hield – are also considering Bjelica, says Amick.
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- Celtics head coach Brad Stevens indicated in comments today that reserve guard Romeo Langford will not be back with the club until after the NBA All-Star break in March, per Mark Murphy of the Boston Herald (via Twitter). Langford had a right wrist surgery to address torn ligaments in his shooting wrist in September.
It has been an up-and-down 12 months for the NBA, which had to pause its operations for several months when its players first began testing positive for the coronavirus last March. Although the league was eventually able to play the 2020 postseason and is in the midst of its (slightly-abridged) 2020/21 regular season, fans still haven’t been able to return to arenas in many NBA cities, putting a major dent in projected revenues for the coming year.
Despite the financial challenges faced by many of the NBA’s teams, the overall value of those franchises continues to increase, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes. While it’s the most modest year-over-year rise since 2010, Forbes estimates that average team values are up by about 4% from 2020.
The Knicks have become the first franchise to earn a $5 billion valuation from Forbes, with a league-high 9% increase in their value since last February. The Warriors, meanwhile, also saw their value rise by 9%, according to Forbes, surpassing the Lakers for the No. 2 spot on the annual report. The league-wide average of $2.2 billion per team in 2021 is a new record for Forbes’ valuations.
Forbes’ valuations are slightly more conservative than the ones issued by sports-business outlet Sportico last month — Sportico’s report featured an average team value of nearly $2.4 billion, with the Knicks, Warriors, and Lakers all surpassing the $5 billion threshold.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $5 billion
- Golden State Warriors: $4.7 billion
- Los Angeles Lakers: $4.6 billion
- Chicago Bulls: $3.3 billion
- Boston Celtics: $3.2 billion
- Los Angeles Clippers: $2.75 billion
- Brooklyn Nets: $2.65 billion
- Houston Rockets: $2.5 billion
- Dallas Mavericks: $2.45 billion
- Toronto Raptors: $2.15 billion
- Philadelphia 76ers: $2.075 billion
- Miami Heat: $2 billion
- Portland Trail Blazers: $1.9 billion
- San Antonio Spurs: $1.85 billion
- Sacramento Kings: $1.825 billion
- Washington Wizards: $1.8 billion
- Phoenix Suns: $1.7 billion
- Utah Jazz: $1.66 billion
- Denver Nuggets: $1.65 billion
- Milwaukee Bucks: $1.625 billion
- Oklahoma City Thunder: $1.575 billion
- Cleveland Cavaliers: $1.56 billion
- Indiana Pacers: $1.55 billion
- Atlanta Hawks: $1.52 billion
- Charlotte Hornets: $1.5 billion
- Orlando Magic: $1.46 billion
- Detroit Pistons: $1.45 billion
- Minnesota Timberwolves: $1.4 billion
- New Orleans Pelicans: $1.35 billion
- Memphis Grizzlies: $1.3 billion
While most franchise values increased, that wasn’t the case across the board. The Thunder, Hawks, Hornets, Pistons, Pelicans, and Grizzlies all maintained the same value that they had in 2020. No teams decreased in value, however.
The Jazz had the biggest rise in the bottom half of this list, moving from 21st in 2020’s rankings to 18th this year. That’s because the team was actually sold to a new majority owner in recent months, with Ryan Smith assuming control of the franchise at its new $1.66 billion valuation.
As that Jazz example shows, the actual amount a team is sold for often exceeds Forbes’ valuation, so these figures should just be viewed as estimates.
The Celtics appear to be in the market for an in-season upgrade to their roster, according to Kevin O’Connor of The Ringer, who says he received “a flurry of texts” on Saturday night from executives around the league who suggested that Boston appeared to be up to something.
The Celtics haven’t completed any moves in the couple days since then, so there’s no indication at this point that anything is imminent — the team could wait until closer to the March 25 trade deadline to attempt to finalize a move. O’Connor notes that league sources have long stated that the C’s are looking to bolster their wing and frontcourt rotations.
Discussing the Celtics’ massive trade exception during a radio appearance last week, president of basketball operations Danny Ainge suggested the club’s top priority on the trade market will be “shooting with size.”
- Grant Williams‘ improved 3-point shooting this season is largely due to better footwork, according to Adam Himmelsbach of the Boston Globe. The Celtics forward has made 46.7% of his attempts this season after knocking down just 25% of his long-range shots in his rookie campaign.
- Chris Forsberg of NBC Sports Boston explores the Celtics‘ 10 most valuable trade assets. Boston has several young players on its roster and a $28.5MM trade exception, making them a team worth watching ahead of the March 25 trade deadline. The club is currently 11-9.
- During a conversation with Boston morning radio show Toucher and Rich on 98.5 FM The Sports Hub, Celtics team president Danny Ainge indicated that the team will probably look to use a chunk of its $28.5MM traded player exception around the NBA trade deadline, according to Chris Forsberg of NBC Sports Boston (Twitter link). Referring to the March 25 deadline as the sweet spot for using that TPE, Ainge noted that the C’s would like to add “shooting with size.”
- If the Celtics are truly going to contend for Eastern Conference supremacy this season, they’ll need more out of Kemba Walker and Marcus Smart, Mark Medina of USA Today opines. At least one of those guards has to develop into a more consistent threat to help out the duo of Jayson Tatum and Jaylen Brown, Medina adds. Smart is currently sidelined by a calf strain.
A Sunday report indicated that Pelicans sharpshooter J.J. Redick is interested in returning to a team in the Atlantic Division, where he could be closer to his family in Brooklyn. That report identified the Sixers, Nets, and Celtics as teams that would intrigue Redick, and noted that all three of those clubs have expressed some interest in the veteran wing.
In addition to those three teams, Redick would have interest in joining the Knicks, according to Keith Pompey of The Philadelphia Inquirer. It’s unclear if New York reciprocates the 36-year-old’s interest. If so, it would be a pretty clean fit from a salary cap perspective, since the Knicks are the only team in the NBA with enough cap room to accommodate Redick $13MM cap hit without sending out any salary. The Celtics are among the teams that could take on Redick’s contract outright via a trade exception.
That leaves Toronto as the only Atlantic team not on Redick’s reported wish list, which makes sense — the Raptors are playing in Tampa this season due to the COVID-19 restrictions applying to the U.S./Canada border, so they’ve been temporarily displaced from the northeast.
Here’s more on Redick:
- One Eastern Conference general manager who spoke to Sean Deveney of Forbes is skeptical that the Pelicans will get much of a return for Redick, since he looks like a potential buyout candidate. “No one wants to give up a young player or a pick for a guy you could sign a week after the deadline passes anyway,” the GM said. For what it’s worth, I think the Pelicans will have a hard time finding a first-round pick for Redick unless they’re willing to take on some bad multiyear money, but landing a second-rounder or two seems more realistic, especially if suitors view his struggles this season as a short-term slump.
- David Aldridge, Joe Vardon, and John Hollinger of The Athletic consider whether Redick would fit best with the Nets, Sixers, or Celtics, ultimately concluding that Boston makes the most sense of the three. Hollinger suggests that a pair of second-rounders and some “dead-ish” money would be a fair return for the Pelicans if they make a deal with the C’s.
- As noted by The Athletic and others, Tuesday, February 2 is the last day this season that a player can be traded and then have his salary aggregated in a second trade by deadline day (March 25). If a player is traded on Wednesday, that re-aggregation restriction wouldn’t lift until March 26. It remains to be seen whether that deadline will prompt any action today or tomorrow on the Redick front or elsewhere.
1:27pm: Smart is now expected to miss two to three weeks with his left calf strain, Gary Washburn of the Boston Globe tweets.
10:31am: Smart is expected to miss one to two weeks, tweets Adrian Wojnarowski of ESPN.
8:56am: The Celtics are relieved this morning after finding out that guard Marcus Smart‘s injury is just a Grade 1 strain to his left calf, tweets Shams Charania of The Athletic. Smart is expected to be sidelined for a while, sources tell Charania, but there were concerns that the injury was far worse.
Smart underwent an MRI this morning after hurting his leg in Saturday’s loss to the Lakers, writes Tim Bontemps of ESPN. Smart landed awkwardly while pursuing a rebound in the fourth quarter and had to be helped off the court.
Smart didn’t appear to land on anyone’s foot, Bontemps adds, but he grabbed the back of his leg and fell to the ground in pain. He didn’t put any weight on the leg as he was taken to Boston’s locker room. The Celtics announced that he had a strained calf and wouldn’t return to the game.
“Yeah, everybody was concerned with his health,” Jaylen Brown said following the game. “And he just, trying to do our best to redirect that energy, because when one guy goes down, we’ve got to step up. Marcus is essential to our team, man — he’s been great. Whether the numbers show it or not, Marcus has been a leader on this team; he’s been somebody that has been looking to get guys the ball in the right spots, including me. So to have him go down in the middle of the game like that, definitely had everybody concerned. Hopefully, the MRI is negative and we get him and we can get some wins on the road.”
Smart, a first-team All-Defensive selection last season, has stepped up his offensive game this year. He came into Saturday’s game averaging 13.2 points and 6.0 assists, which are career-best marks in both categories.
An extended injury for Smart would have been difficult for the Celtics, who have played extended stretches without Kemba Walker and Jayson Tatum. The team is already short-handed in the backcourt with rookie Payton Pritchard sidelined with an MCL sprain and Walker remaining on a minutes limit.