Charlotte Hornets Rumors | Hoops Rumors

Hornets Exercise Options On Ball, Bouknight, Jones

October 27th, 2022 at 4:44pm CST by Alex Kirschenbaum

The Hornets have picked up their 2023/24 rookie scale team options on third-year All-Star point guard LaMelo Ball, as well as second-year players James Bouknight and Kai Jones, reports Rod Boone of The Charlotte Observer.

Boone notes that the decision was widely expected. While Ball, the No. 3 draft pick in 2020, has already emerged as the focal point of Charlotte’s offense, 6’5″ shooting guard Bouknight has worked his way into the team’s rotation under returning head coach Steve Clifford, thanks in part to injuries incurred by Terry Rozier and Cody Martin. The 6’11” Jones, a power forward/center, is the team’s third-string five behind Mason Plumlee and Nick Richards.

Ball, 21, has yet to play for the 2-2 Hornets this season as he continues to work his way back from an ankle injury. The 6’7″ guard posted averages of 20.1 PPG, 7.6 APG, 6.7 RPG, and 1.6 BPG across 75 games last year, and was named an All-Star injury replacement by the league. In 2021/22, Ball posted .429/.389/.872 shooting splits. His 2023/24 option is worth approximately $10.9MM.

Across four games thus far in his sophomore season, Bouknight is averaging 5.8 PPG, 1.8 RPG and 1.5 APG in 15.5 MPG. The No. 11 pick in 2021 out of Connecticut has been coming off the bench for Charlotte. His stint with the Hornets thus far has not been without its off-the-court issues. Just prior to the start of the 2022/23 season, Bouknight was arrested for a DWI, making him the third Charlotte player overall to be arrested during the 2022 offseason. His $4.57MM salary for 2023/24 is now locked in.

Jones, the No. 19 pick out of Texas in last year’s draft, has seen spot minutes in two contests this season, averaging just 3.0 MPG. Richards, the No. 42 pick out of Kentucky in 2020, has had a robust start to his third NBA season. His minutes averages have leapt up from 7.3 in 2021/22 to 21.8, and he is averaging 13.0 PPG and 7.8 RPG for the Hornets, effectively squeezing Jones out of the team’s rotation for now. He’ll still earn a guaranteed $3.05MM in ’23/24.

All NBA clubs have until this coming Monday, October 31, to exercise their team options on players’ rookie scale deals. All of those decisions are listed here.

Forbes Releases 2022 NBA Franchise Valuations

October 27th, 2022 at 10:59am CST by Luke Adams

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:

Golden State Warriors: $7 billion
New York Knicks: $6.1 billion
Los Angeles Lakers: $5.9 billion
Chicago Bulls: $4.1 billion
Boston Celtics: $4.0 billion
Los Angeles Clippers: $3.9 billion
Brooklyn Nets: $3.5 billion
Dallas Mavericks: $3.3 billion
Houston Rockets: $3.2 billion
Philadelphia 76ers: $3.15 billion
Toronto Raptors: $3.1 billion
Miami Heat: $3 billion
Phoenix Suns: $2.7 billion
Washington Wizards: $2.5 billion
Milwaukee Bucks: $2.3 billion
Portland Trail Blazers: $2.1 billion
Cleveland Cavaliers: $2.05 billion
Sacramento Kings: $2.03 billion
Utah Jazz: $2.025 billion
San Antonio Spurs: $2 billion
Atlanta Hawks: $1.975 billion
Denver Nuggets: $1.93 billion
Detroit Pistons: $1.9 billion
Oklahoma City Thunder: $1.875 billion
Orlando Magic: $1.85 billion
Indiana Pacers: $1.8 billion
Charlotte Hornets: $1.7 billion
Minnesota Timberwolves: $1.67 billion
Memphis Grizzlies: $1.65 billion
New Orleans Pelicans: $1.6 billion

Southeast Notes: Oladipo, Hayward, Kispert, Bol

October 25th, 2022 at 8:34pm CST by Alex Kirschenbaum

Heat reserve guard Victor Oladipo, still dealing with left knee tendinosis, will miss at least the first seven contests of the 2022/23 season, as he will not be joining his Miami teammates on their upcoming three-game road trip, per Anthony Chiang of The Miami Herald.

Miami will next play at home on November 1 against the reigning champion Warriors. Oladipo, who has undergone two knee surgeries since 2019, signed a two-year, $18.2MM deal to remain with the Heat during the 2022 offseason.

There’s more out of the Southeast Division:

With several Hornets players missing games due to injuries and Miles Bridges unsigned due to legal issues, Charlotte is relying heavily on Gordon Hayward, writes Rod Boone of The Charlotte Observer (subscription required). Through three games, the injury-prone 6’7″ veteran small forward has responded well, averaging 19.3 PPG on .550/.300/.786 shooting splits. The 32-year-old vet is also chipping in 4.7 APG and 3.3 RPG.
Wizards small forward Corey Kispert, still rehabilitating from a left ankle sprain, has practiced with Washington’s G League affiliate club, the Capital City Go-Go, per Ava Wallace of The Washington Post (Twitter link). The No. 15 pick in the 2021 draft out of Gonzaga, Kispert averaged 8.2 PPG, 2.7 RPG and 1.1 APG across 77 games during his 2021/22 rookie campaign with Washington. The 23-year-old has yet to play for the 2-1 Wizards.
Magic forward/center Bol Bol is doing his darnedest to carve out a definitive role, despite limited run, per Khobi Price of The Orlando Sentinel. For Orlando, the 22-year-old has appeared in 10+ minutes a night across four straight contests for the first time in his NBA career, according to Price. Bol, who boasts a 7’7″ wingspan, is averaging 10.0 PPG on 65.4% field goal shooting, along with 4.8 RPG, across 16 MPG. “It’s been very important for me because I feel like every game I’ve gotten better,” Bol said of his more consistent playing time.“I’m seeing stuff happen each game. The game’s starting to slow down the more I play.”

Column: Don't Tank For Wembanyama

October 24th, 2022 at 5:52pm CST by Dana Gauruder

The Hornets shouldn’t go into tank mode to land projected top pick Victor Wembanyama, Roderick Boone of the Charlotte Observer opines. They haven’t enjoyed lottery luck throughout their history, Boone notes. It would also leave their current franchise player, LaMelo Ball, without any postseason experience and would risk alienating season ticket holders.

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

October 24th, 2022 at 10:06am CST by Luke Adams

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.

Lakers Notes: Westbrook, Possible Trade Partners, Shooting

October 24th, 2022 at 8:25am CST by Luke Adams

Count Kevin O’Connor of The Ringer among the NBA analysts who believe the Lakers should be feeling some urgency to find a trade involving Russell Westbrook sooner rather than later. O’Connor opens his latest article by dubbing the former MVP a “washed-up bricklayer,” contending that the Lakers need to trade him immediately to have any chance of salvaging their season.

While the much-discussed Pacers package of Myles Turner and Buddy Hield could certainly be one the Lakers revisit if and when they reengage in trade talks, O’Connor points to the Jazz a potential trade partner to watch.

League sources tell The Ringer that before Bojan Bogdanovic was traded to Detroit, the Lakers offered Westbrook, a future first-round pick, and second-rounders to Utah in exchange for Bogdanovic and others. O’Connor adds that sources expect the two teams to reopen their trade discussions at some point, since the Jazz still have veterans who could help the Lakers, such as Jordan Clarkson, Mike Conley, and/or Rudy Gay.

As O’Connor notes, the Hornets were viewed back in the spring as a possible trade partner for the Lakers and Westbrook, but that was when Charlotte was preparing to make a lucrative offer to Miles Bridges and was motivated to move off some multiyear salary. With Bridges’ NBA future up in the air due to domestic violence allegations, dumping long-term salary may no longer be a priority for the Hornets.

Here’s more on the Lakers and Westbrook:

The Lakers’ offense lost its rhythm late in Sunday’s loss to Portland when Westbrook checked back into the game, according to Eric Pincus of Bleacher Report and Jovan Buha of The Athletic, who both argue that the team needs to seriously consider taking the point guard out of its closing lineup going forward.
Westbrook was pulled for the final few possessions on Sunday, shortly after he took an ill-advised jumper early in the shot clock with the Lakers up by a point and just under 30 seconds left in the game. After the game, head coach Darvin Ham said he isn’t worried about how Westbrook will respond to being benched for the game’s final 12 seconds. “We don’t have time for feelings or people being in their feelings. Like, we’re trying to turn this thing around,” Ham said, per ESPN’s Dave McMenamin. “For one person to be in their feelings about when and where and how they should be in the game, I don’t have any time for that.”
Anthony Davis was “visibly frustrated” after Sunday’s loss, according to McMenamin. “There’s no way we’re supposed to lose this game,” Davis said. “That’s where my frustration comes from.”
The Lakers’ three-point shooting remained an issue on Sunday, as Broderick Turner of The Los Angeles Times writes in his takeaways from the game. The club’s 6-of-33 (18.2%) mark from beyond the arc on Sunday was its worst single-game rate yet. Through three games, the Lakers’ 21.2% three-point percentage is easily the worst in the NBA — Chicago is second-worst at 29.3%.

Cody Martin Sidelined With Left Quad Soreness

October 22nd, 2022 at 5:11pm CST by Arthur Hill

The Hornets may be without Cody Martin for a while, according to Roderick Boone of The Charlotte Observer. Martin sat out Friday’s game with left quad soreness after getting injured in the first quarter of the season opener. He also missed all but one preseason game while recovering from left knee tendiopathy. “Hopefully, it’s not anything that’s going to linger,” coach Steve Clifford said. “When he first went in (Wednesday’s) game … he kind of stumbled and his knee bent, the one that he’s had issues with. So it flared back up and so obviously we need to be careful with this. They had done a great job getting him back. He’s, to me, is a critical, critical player on our team and we need what he brings. But the priority right now is just to get him healthy.”

Southeast Notes: Bouknight, Magic, Banchero, Wizards

October 20th, 2022 at 10:05am CST by Luke Adams

Hornets guard James Bouknight, who was arrested over the weekend for driving while impaired, was found unconscious in his car in a parking deck, according to Charlotte-Mecklenburg police, via a WSOC TV report.

Police records state that Bouknight’s car was running and in drive when he was found, and the 22-year-old was holding a handgun. Officers attempted to wake him up using airhorns, a PA system, and lights, and when he eventually did come to, Bouknight allegedly seemed confused and refused to comply with officers, crashing into two patrol cars before eventually getting out of the car and being taken into custody.

Bouknight issued an apology to the Hornets and his teammates when he returned to practice earlier this week, per Kallie Cox and Roderick Boone of The Charlotte Observer.

“Honestly, I just wanted to apologize for being a distraction before the start of the season, for my teammates and for what we’ve got going on,” said Bouknight, who went scoreless on 0-of-5 shooting in 14 minutes during the team’s regular season opener in San Antonio on Wednesday.

Here’s more from around the Southeast:

It may not be realistic to expect the Magic to make the playoffs this year, but the team at least needs to show real signs of progress to consider the 2022/23 season a success, argues Mike Bianchi of The Orlando Sentinel. “It’s been asked many times this offseason — ‘What’s next?'” president of basketball operations Jeff Weltman said. “I think this season is going to be a continuum from last season, but with that we want to start putting in what winning looks like — fewer mistakes, team orientation, being tied on a string defensively, elevating our standard as our team grows up so our players understand what winning is about.”
The Magic didn’t pick up a win in their season opener on Wednesday, but they had to be encouraged by the debut of No. 1 overall pick Paolo Banchero, who racked up 27 points, nine rebounds, and five assists in Detroit. As Jamal Collier of ESPN writes, even though he said he felt like he “left a lot of points on the board,” Banchero is the first NBA rookie to post a 25-5-5 line in his debut since LeBron James in 2003.
Chase Hughes of NBC Sports Washington takes a look at what we learned about the Wizards‘ rotation based on their first game of the season. Notably, Delon Wright and Will Barton were part of the club’s closing lineup, Rui Hachimura was the first player off the bench, and rookie guard Johnny Davis was a DNP-CD.

Bridges' Hearing Delayed Once Again

October 18th, 2022 at 8:04pm CST by Dana Gauruder

A preliminary hearing regarding Miles Bridges’ felony domestic violence case in Los Angeles was delayed for the seventh time Monday and moved to November 3, according to Michael Gordon of the Charlotte Observer. In the hearing, prosecutors will be required to produce evidence to show the Hornets free agent forward committed a crime. Bridges was arrested on June 29 and faces three felony domestic violence charges.

No Extensions For Grant Williams, Cam Johnson, Others

October 17th, 2022 at 6:15pm CST by Alex Kirschenbaum

Several notable fourth-year NBA players who were eligible for rookie scale contract extension agreements did not come to terms with their current clubs, and will now enter restricted free agency next summer with the extension deadline having passed.

Adrian Wojnarowksi of ESPN reports (via Twitter) that newly-promoted Suns starting power forward Cameron Johnson, Hornets forward P.J. Washington, and Celtics forward Grant Williams all failed to reach extension deals with their respective clubs.

With former Phoenix starting four Jae Crowder demanding his way out of town, it would have perhaps behooved the Suns to lock up Johnson to a long-term deal, but the team’s ownership situation could have made figuring out an agreement difficult. Williams had an erratic postseason for Boston during the team’s Finals run. Washington could get some additional run this season with the availability of forward Miles Bridges up in the air.

A source informs Christian Clark of NOLA.com (Twitter link) that Pelicans center Jaxson Hayes did not ultimately reach an agreement on a contract extension with New Orleans. Clark suggested that Hayes and his team would most likely resume negotiations when the big man reaches restricted free agency next summer, so it appears New Orleans does hope to keep him aboard.

Chris Haynes of Yahoo Sports tweets that Sixers swingman Matisse Thybulle similarly did not agree to an extension with Philadelphia, and is now set to reach restricted free agency in the summer of 2023. Thybulle is a terrific perimeter defender, but his offensive limitations impede his value.

Even though Wizards GM Tommy Sheppard and head coach Wes Unseld Jr. gave him positive preseason performance reviews, forward Rui Hachimura also will now enter restricted free agency in the 2023 offseason, reports Ava Wallace of The Washington Post (Twitter link).

Knicks forward Cam Reddish, the tenth pick in the 2019 draft, did not get an extension from New York, his second NBA team, The Athletic’s Fred Katz reports (via Twitter). Katz notes that an agreement was not anticipated. Reddish struggled to carve out rotation minutes when the Hawks traded him to the Knicks, even though the team was clearly lottery-bound near the end of the 2021/22 season.

Tony Jones of The Athletic (Twitter link). reports that, in another anticipated move, combo guard Nickeil Alexander-Walker did not reach an extension agreement with the Jazz.

Rob Schaefer of NBC Sports Chicago writes that the Bulls also opted to not extend reserve guard Coby White, the seventh pick in the 2019 draft. Schaefer notes that, though Chicago considered trade offers for the 22-year-old out of UNC, the team eventually decided to not move him.

White will compete for minutes in a crowded backcourt that includes starting point guard Ayo Dosunmu and starting shooting guard Zach LaVine, plus reserves Alex Caruso and Goran Dragic. If Lonzo Ball returns from a recent knee surgery, he would supplant Dosunmu in the starting lineup, and further dilute White’s minutes load.

Here’s the full list of players eligible for rookie scale extensions who didn’t sign new deals before Monday’s 5:00 pm CT deadline:

Nickeil Alexander-Walker (Jazz)
Darius Bazley (Thunder)
Goga Bitadze (Pacers)
Rui Hachimura (Wizards)
Jaxson Hayes (Pelicans)
Cameron Johnson (Suns)
Romeo Langford (Spurs)
Cam Reddish (Knicks)
Matisse Thybulle (Sixers)
P.J. Washington (Hornets)
Coby White (Bulls)
Grant Williams (Celtics)
Dylan Windler (Cavaliers)

Extension-eligible veterans on expiring contracts remain eligible to sign new contracts throughout the season, while extension-eligible vets with multiple years left on their contracts can extend their deals up until 10:59 pm CT tonight.

Though the roster deadline has passed and every team is in compliance, that doesn’t mean there will be no additional moves tonight and tomorrow before the games begin. That said, in general, team rosters are set with the 2022/23 season set to tip off on Tuesday.

Luke Adams contributed to this report.