Charlotte Hornets Rumors | Hoops Rumors

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.

Injury Notes: Wiseman, Jackson, Ball, Jackson, Eason, Hornets

October 25th, 2024 at 6:12pm CST by Luke Adams

Pacers center James Wiseman underwent successful surgery on Thursday night to repair his torn left Achilles tendon, as Shams Charania of ESPN first reported (via Twitter). While Achilles tears are typically season-ending injuries, Indiana is still determining Wiseman’s recovery timeline, according to Dustin Dopirak of The Indianapolis Star, and head coach Rick Carlisle told reporters on Friday that Wiseman hasn’t been ruled out for the season yet.

“This was terrible luck,” Carlisle said in discussing the injury. “Great kid who had an amazing summer of preparation, really good preseason. Training camp was also really good. It’s just one of those things. Just a very odd circumstance. Very unlucky.”

The Pacers’ other backup center, Isaiah Jackson, missed Wednesday’s regular season opener due to a right groin strain, but he has been cleared to suit up for Friday’s game in New York, Dopirak writes in a separate story for The Indy Star. Still, with Wiseman seemingly unlikely to play again this season, Carlisle didn’t rule out the possibility of adding another center to the roster.

“I would think that our people are getting a few phone calls today from agents and stuff like that,” Carlisle said. “I’ve not been focusing on that. The good news for us is Isaiah Jackson will be back and available. That’s very good news. We will just right now focus on the guys we have on the roster that are ready to go and come out with guns blazing. That’s what you gotta do in this situation.”

The Pacers have an open 15-man roster spot, and while they don’t have a ton of breathing room below the luxury tax line, they could add a free agent big man on a non-guaranteed minimum-salary contract and stay out of tax territory while maintaining the flexibility to waive that player before the league-wide salary guarantee date.

Here are a few more injury notes from around the NBA:

Lonzo Ball‘s limit of 16 minutes per game is going to remain in place “for some time,” Bulls head coach Billy Donovan said on Wednesday, according to Joe Cowley of The Chicago Sun-Times. But the veteran point guard came away from his regular season debut on Wednesday feeling fine and will play in Saturday’s home opener vs. Oklahoma City after sitting out the first end of Chicago’s back-to-back in Milwaukee on Friday, per K.C. Johnson of the Chicago Sports Network (Twitter links). Wednesday represented Ball’s first regular season action since January 2022 due to multiple knee surgeries.
Grizzlies big man Jaren Jackson Jr. won’t play on Friday vs. Houston, having been ruled out due to his left hamstring strain (Twitter link). The team was said to be targeting this weekend for Jackson’s return, so we’ll see if he’s able to make his season debut on Saturday at home vs. Orlando.
After describing Steven Adams‘ availability as “game-to-game” as he returns from knee surgery that cost him the entire 2023/24 season, Rockets head coach Ime Udoka said forward Tari Eason is in a similar boat, tweets Kelly Iko of The Athletic. Eason, who missed most of last season due to leg surgery, was active on Wednesday and isn’t on the injury report for Friday’s game vs. Memphis, but may not suit up for the second end of Houston’s back-to-back set on Saturday in San Antonio (Twitter link via Jonathan Feigen of The Houston Chronicle).
Josh Green (left Achilles soreness) and Tidjane Salaun (left finger sprain) have been upgraded to available for the Hornets‘ game in Atlanta on Friday. Neither player has made his Hornets regular season debut, but both could see action tonight.

LaMelo Ball Wearing Braces To Ward Off Injuries

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

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.
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.

Hornets Notes: Ball, Mann, Miller, Co-Owners

October 24th, 2024 at 12:13pm CST by Rory Maher

In his first regular season game in nine months, Hornets point guard LaMelo Ball showed zero signs of rust, writes Kristie Rieken of The Associated Press. The former All-Star had a superlative debut in Wednesday’s five-point victory in Houston, recording 34 points, 11 assists and eight rebounds, with the team going plus-14 in his 38 minutes.

The 2021 Rookie of the Year has been limited to just 58 games over the past two seasons — including only 22 in 2023/24 — due to a variety of ankle injuries, but the team knows how impactful he can be when he’s able to suit up.

“He’s like the engine for us,” said Charles Lee, who notched his first career win as a head coach. “If we have a healthy LaMelo Ball, we’re going to do a lot of really good things because I know that he’s going to continue to grow and he helps everyone around him continue to be better, too.”

Here’s more on the Hornets:

Fourth-year guard Tre Mann was another standout in Wednesday’s victory, scoring an efficient 24 points and grabbing six rebounds in 29 minutes off the bench. Mann, who was traded from Oklahoma City to Charlotte last February, said he’s feeling more comfortable now than he was at the end of last season. “It’s been pretty smooth, actually,” Mann told Hunter Bailey of The Charlotte Observer. “When I got here last year it was tougher — being in the middle of the season and just having a kid. Over the summer I got a crib closer to the arena, so it’s been super smooth for me. I’m settling in, me, my wife, and my son.” The 23-year-old will be a restricted free agent next summer.
Second-year wing Brandon Miller threw down a monster dunk in the first quarter yesterday (hat tip to Kurt Helin of NBC Sports), but he only played 11 minutes after experiencing left hip soreness, per the team (Twitter link). Miller’s health status will be important to monitor, as last year’s No. 2 overall pick is one of the team’s best players.
In an extensive interview with Roderick Boone of The Charlotte Observer, co-owners Rick Schnall and Gabe Plotkin describe their plan to turn the Hornets into the “premier franchise of the NBA.”

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.

Hornets Claim Jared Rhoden, Convert Him To Two-Way Deal

October 21st, 2024 at 4:42pm CST by Dana Gauruder

5:29pm: The Hornets confirmed in a press release that they’ve claimed Rhoden and converted his Exhibit 10 contract to a two-way deal.

4:42pm: The Hornets have claimed Jared Rhoden off waivers, Michael Scotto of Hoops Hype tweets. He is expected to have his Exhibit 10 contract converted into a two-way deal, Scotto adds.

The Raptors placed Rhoden on waivers over the weekend. He had signed his camp deal in August and lost a battle to gain a two-way spot on Toronto’s roster.

Rhoden, 24, played the past two years on two-way contracts with the Pistons, appearing in 31 total games. Last season he averaged 4.9 points and 1.9 rebounds in 17 games while shooting 50% from the field and 38.7% from three-point range.

Charlotte has a two-way opening to fit Rhoden onto that portion of its roster. KJ Simpson and Moussa Diabate currently hold the other two two-way slots.

Can Tidjane Salaun Earn Rotation Minutes As A Rookie?

October 20th, 2024 at 10:41am CST by Arthur Hill

Roderick Boone of The Charlotte Observer examines rookie Tidjane Salaun‘s chances of earning a spot in the Hornets‘ rotation.

Kuminga, Suggs, Giddey Among Extension Candidates Seeking $30MM+ Annually

October 19th, 2024 at 10:43am CST by Tristan Tucker

The deadline for teams to sign players to rookie scale contract extensions falls on Monday and will force several clubs to make tough decisions.

The Warriors have two players under consideration for rookie scale extensions: Jonathan Kuminga and Moses Moody. As we relayed Friday evening, Moody appears more likely than Kuminga to receive an extension by Monday. Moody is in line to receive minutes at the wing spot in the wake up Klay Thompson‘s departure, and NBA insider Jake Fischer reports he could earn more than $10MM per season on his extension (Threads link).

However, Kuminga is seeking a near-max contract that would pay him north of $30MM annually. According to Fischer, the Warriors have “never seemed intent” on paying the forward that kind of money ahead of the season. That tracks with earlier reporting, which suggested that both sides are content to wait to see if Kuminga takes another step forward in 2024/25 and helps propel the team back into contention as its second- or third-best player. In that scenario, he would presumably be rewarded in restricted free agency next offseason.

Moody averaged 8.1 points and 3.0 rebounds per game last season while Kuminga broke out, averaging 16.1 PPG on 52.9% shooting from the field.

We have more on this year’s rookie scale extension candidates:

According to Fischer, Atlanta’s Jalen Johnson is facing a similar situation to Kuminga. However, there’s “far more optimism” that the Hawks and Johnson will finalize a deal worth north of $30MM each year, which is said to be the starting point for negotiations with the former Duke standout. Johnson broke out in a big way last season, jumping from 5.6 PPG and 4.0 RPG in 2022/23 to 16.0 PPG and 8.7 RPG. He’s primed to be a long-term fixture in Atlanta as one of the Hawks’ franchise cornerstones.
Magic guard Jalen Suggs is seeking an extension worth more than $30MM annually in talks with Orlando, NBA insider Marc Stein reports (Twitter link). It’s unclear whether or not Orlando is prepared to make that sort of offer, but Suggs emerged as one of the best defensive guards in the league last season, earning a spot on the All-Defensive Second Team, averaging 12.6 PPG and 1.4 SPG, improving his outside shooting to 39.7%, and helping the young Magic to a 47-win season.
Immanuel Quickley‘s five-year, $162.5MM contract with the Raptors is said to have set a benchmark for young guards across the league, Fischer says, confirming previous reporting. Bulls guard/forward Josh Giddey is also seeking at least $30MM per year on his next extension. However, the Bulls are more interested in seeing how Giddey fits with the team before committing that kind of money to him. Chicago traded Alex Caruso for Giddey in June.
The Rockets haven’t been willing to this point to approach a maximum-salary deal for either Jalen Green or Alperen Sengun, according to Fischer. We relayed Friday that the Rockets have held productive conversations with both players, submitting offers to each, but that those offers were below the max. Fischer indicates that Houston is completely fine with not agreeing to terms with either before the year begins.
Clippers guard Bones Hyland and Nets young players Cam Thomas and Day’Ron Sharpe are not expected to agree to terms on a rookie scale extension, according to Fischer. However, there remains some optimism that Hornets guard Tre Mann, Pacers forward Isaiah Jackson and Wizards wing Corey Kispert will be able to sign extensions by Monday’s deadline.
Quentin Grimes has emerged as a real candidate to receive an extension by Monday, according to Stein (Twitter link). Grimes was acquired by the Mavericks in exchange for Tim Hardaway Jr. this offseason and he’s averaged 8.5 PPG across three NBA seasons. His deal would presumably be in the ballpark of Moody’s, perhaps a bit more than $10MM per year.

And-Ones: Role Players, Mays, JTA, Dekker, Breakout Candidates

October 18th, 2024 at 11:02pm CST by Rory Maher

Pacers point guard T.J. McConnell is an example of a solid role player on a reasonable contract who has risen in prominence due to the roster building restrictions of the new CBA, as Marcus Thompson II of The Athletic details. McConnell signed a four-year, $45MM extension this offseason, though only the first two years are fully guaranteed.

“I’ve played the same way, I feel like, since I’ve gotten into the league,” he said. “The people that are best at adapting and changing, especially as role players, are the ones that last. And that’s what I’ve tried to do, play my game, but also adapt and change to what my team needs me to do.”

With stars frequently earning anywhere from 25-35% of the salary cap, and the league’s top spenders dealing with the ramifications of the tax aprons, finding role players who outperform their contracts has become even more important than it was previously, Thompson writes.

Here’s more from around the basketball world:

Former NBA guard Skylar Mays has officially signed a one-year deal with Turkish EuroLeague club Fenerbahce, Johnny Askounis of Eurohoops relays. The move was expected, with reports out of Europe stating Mays was expected to be an injury replacement for veteran guard Scottie Wilbekin, who sustained a torn ACL. Mays, 27, split last season with the Trail Blazers and Lakers. Minnesota released him from his Exhibit 10 deal to give him the opportunity to sign with Fenerbahce.
Free agent forward Juan Toscano-Anderson has re-signed with the NBA G League’s Mexico City Capitanes, the team announced (via Twitter). A five-year veteran, Toscano-Anderson spent a little over a month with the Kings last season, appearing in 11 games for 53 total minutes. He spent the rest of the 2023/24 season with the Capitanes.
In an interesting interview with Marc Stein (Substack link), veteran forward Sam Dekker discussed how he’s reinvented his game playing for the London Lions and why the implementation of a new salary cap system has complicated his situation in the British Basketball League. A former first-round pick (18th overall in 2015), the 30-year-old last played in the NBA in 2021 but he hasn’t given up on making it back — he worked out for the Warriors, Sixers and Bucks in June, though none of those sessions led to a contract offer.
Kevin O’Connor of Yahoo Sports lists five breakout candidates for the 2024/25 season, including Hornets wing Brandon Miller, who was the No. 2 overall pick of last year’s draft.

Hornets’ Charlie Brown Jr. Among Latest NBA Cuts

October 18th, 2024 at 10:10am CST by Rory Maher

The Hornets have waived Charlie Brown Jr., Harry Giles and Keyontae Johnson, the team confirmed in a press release. Rod Boone of The Charlotte Observer was first to report the moves (Twitter link).

Brown has appeared in 49 regular season games with Atlanta, Oklahoma City, Dallas, Philadelphia and New York over the course of his four NBA seasons. The 27-year-old was signed-and-traded to the Hornets from the Knicks as part of the Karl-Anthony Towns blockbuster.

While it’s not surprising that Brown was released given Charlotte’s roster situation, it’s still a noteworthy event because he will be owed a guaranteed $2,237,692 for the 2024/25 season. Assuming he goes unclaimed, the Hornets will carry that salary as a dead-money cap hit on their books.

Notably, veteran swingman DaQuan Jeffries — another player acquired via sign-and-trade from the Knicks — was not cut today. That could mean the Hornets plan to keep him into the start of the regular season even though he fractured a bone in his hand last week. The team didn’t give a timetable for his return.

Both Giles and Johnson were on non-guaranteed training camp deals. A North Carolina native who played college ball at Duke, Giles is a former first-round pick (No. 20 overall in 2017) whose career was derailed by a series of major knee injuries. The 26-year-old big man split last season with the Nets and Lakers.

As for Johnson, he spent 2023/24 — his rookie season — on a two-way contract with the Thunder, but they chose not to give him a two-way qualifying offer over the summer, making him an unrestricted free agent.

Johnson, who had Exhibit 10 language in his contract, can earn a bonus worth $77.5K if he spends at least 60 days with the Greensboro Swarm, Charlotte’s NBA G League affiliate. Giles’ deal didn’t include an Exhibit 10 clause, so he wouldn’t be eligible for the same bonus and therefore seems unlikely to end up with the Swarm.

The Hornets now have 17 players under contract, with 14 players on guaranteed standard deals, Taj Gibson with a significant partial guarantee on his minimum-salary deal, and a pair of players on two-way contracts. NBA teams are permitted to carry three two-way players, so the team still has one roster vacancy ahead of the regular season.

Here are a few more players who were waived on Friday — all three were on non-guaranteed training camp deals:

The Kings have waived undrafted rookie Boogie Ellis, reports Michael Scotto of HoopsHype (via Twitter). The former USC guard, who had a solid preseason showing with Sacramento, will likely be headed to the Stockton Kings to begin his first professional season. Sacramento will still have to waive at least a couple more players beyond Ellis to set its regular season roster.
The Thunder announced that they have released Buddy Boeheim and Cormac Ryan. Both players will likely be headed to the Oklahoma City Blue, the Thunder’s NBAGL affiliate. The Thunder now have 18 players under contract, which is the regular season limit.