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Forbes Releases 2020 NBA Franchise Valuations

February 11th, 2020 at 11:44am CST by Luke Adams

The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.

None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.

For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.

The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

New York Knicks: $4.6 billion
Los Angeles Lakers: $4.4 billion
Golden State Warriors: $4.3 billion
Chicago Bulls: $3.2 billion
Boston Celtics: $3.1 billion
Los Angeles Clippers: $2.6 billion
Brooklyn Nets: $2.5 billion
Houston Rockets: $2.475 billion
Dallas Mavericks: $2.4 billion
Toronto Raptors: $2.1 billion
Philadelphia 76ers: $2 billion
Miami Heat: $1.95 billion
Portland Trail Blazers: $1.85 billion
San Antonio Spurs: $1.8 billion
Sacramento Kings: $1.775 billion
Washington Wizards: $1.75 billion
Phoenix Suns: $1.625 billion
Denver Nuggets: $1.6 billion
Milwaukee Bucks: $1.58 billion
Oklahoma City Thunder: $1.575 billion
Utah Jazz: $1.55 billion
Indiana Pacers: $1.525 billion
Atlanta Hawks: $1.52 billion
Cleveland Cavaliers: $1.51 billion
Charlotte Hornets: $1.5 billion
Detroit Pistons: $1.45 billion
Orlando Magic: $1.43 billion
Minnesota Timberwolves: $1.375 billion
New Orleans Pelicans: $1.35 billion
Memphis Grizzlies: $1.3 billion

The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.

Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.

It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.

Scotto’s Latest: Gallinari, Nunn, Pacers, Nuggets, More

February 10th, 2020 at 10:10am CST by Luke Adams

When the Thunder and Heat discussed a potential Danilo Gallinari trade leading up to last week’s deadline, James Johnson, Kelly Olynyk, Kendrick Nunn, and draft compensation were among the various assets that came up in talks, league sources tell Michael Scotto of Bleacher Report. Miami reportedly wanted to extend Gallinari’s contract as part of a deal, but couldn’t agree to terms with his camp, which is one main reason the trade didn’t happen.

ESPN’s Zach Lowe wrote last week that he believed the Heat could’ve acquired Gallinari without surrendering any of their young players like Nunn. So even though his name came up in discussions, that doesn’t necessarily mean the Thunder would have insisted on his inclusion, depending on what other pieces were involved.

While Gallinari remained with the Thunder for this season, Scotto suggests the Heat and Knicks could be among his potential suitors this summer. Miami clearly has interest, and created some cap flexibility for 2020/21 by moving Johnson and Dion Waiters last week. New York, meanwhile, will have cap space and is hiring veteran CAA agent Leon Rose as its new president of basketball operations. Gallinari is a CAA client.

Here are a few more noteworthy tidbits from Scotto’s look at the post-deadline landscape:

The Knicks and Pacers discussed a possible Marcus Morris trade. According to Scotto, a package that featured Aaron Holiday, Doug McDermott, and T.J. Leaf was “briefly kicked around,” but didn’t end up going far.
McDermott’s name also came up in discussions about a potential Pacers trade with the Bucks involving Ersan Ilyasova, says Scotto. It’s not known which team initiated those talks.
Before the Cavaliers traded for Andre Drummond, they called the Pacers to ask about Myles Turner‘s availability, per Scotto. Indiana has remained firm on keeping Turner, though many executives expect the team to eventually break up its Turner/Domantas Sabonis frontcourt.
The Nuggets discussed the possibility of trading Gary Harris, Malik Beasley, and Juan Hernangomez as part of a package for Bulls guard Zach LaVine or Pelicans guard Jrue Holiday, sources tell Scotto. New Orleans set a very high asking price for Holiday, while LaVine was said to be “off-limits” for Chicago, so Denver didn’t get far on either front.

Deadline Rumors: Warriors, Oubre, Valentine, J. Robinson

February 6th, 2020 at 1:33pm CST by Arthur Hill

The Warriors remain in the market for further deals after reaching agreement on a trade that sends D’Angelo Russell to Minnesota for Andrew Wiggins, tweets Monte Poole of NBC Sports Bay Area. If nothing else happens today, more roster shake-up is expected this summer.

Antony Slater of the Athletic notes that Golden State has traded six of the 14 players on its roster in the past two weeks (Twitter link). In addition to Russell, Willie Cauley-Stein, Alec Burks, Glenn Robinson III, Omari Spellman and Jacob Evans have all found new homes.

There’s more deadline-related news to pass along:

The Suns are listening to offers for Kelly Oubre, but aren’t close to making a deal, tweets Marc Stein of The New York Post. The Magic are among the teams that have made a call to Phoenix.
The Bulls aren’t any closer to trading Denzel Valentine, relays K.C. Johnson of NBC Sports Chicago, (Twitter link).
The Wizards are hoping to acquire Jerome Robinson from the Clippers, tweets David Aldridge of TNT. They liked Robinson in the 2018 draft, but he wound up in L.A.
The Knicks contacted the Pacers about point guard Aaron Holiday, according to Ian Begley of SNY.tv. The attempt was made before Steve Mills was fired as team president, and it’s unclear if there has been any more discussion. Indiana reportedly brought up veteran forward Marcus Morris, who is headed to the Clippers, as part of the return.

Trade Rumors: Knicks, Holiday, Lakers, Bulls, Warriors

February 6th, 2020 at 9:32am CST by Luke Adams

Although the Knicks remains interested in D’Angelo Russell, he’s far from the only point guard the team is eyeing as the trade deadline nears. One player the Knicks has inquired on, according to Marc Berman of The New York Post, is Pacers guard Aaron Holiday.

As Berman notes, the Knicks liked Holiday in the 2018 draft, working him out that year. Now in his second season, Holiday has built on a promising rookie season. He’s averaging 10.2 PPG and 3.5 APG with a .420 3PT% in 47 games (23.3 MPG) for the Pacers.

Acquiring Holiday won’t be easy for the Knicks, despite Indiana’s crowded backcourt. ESPN’s Zach Lowe reported earlier in the week that the Pacers could probably acquire a first-round pick in exchange for Holiday, but haven’t shown any real interest in moving him.

Here are a few more trade rumors and notes from around the NBA:

On ESPN’s trade deadline special on Wednesday, Zach Lowe suggested that Nets guard Spencer Dinwiddie and Thunder guard Dennis Schroder are among the players the Lakers have inquired on as they look to add a play-maker (Twitter link via Alex Kennedy of HoopsHype). Their conversation with Oklahoma City on Schroder didn’t get very far, since OKC’s asking price is high, tweets Dave McMenamin of ESPN. I imagine that’s the case with Brooklyn and Dinwiddie as well.
Lakers guard Alex Caruso is drawing some trade interest, with multiple teams inquiring about his availability, league sources tell Chris Haynes of Yahoo Sports (Twitter link).
The Bulls have received some trade calls today on Denzel Valentine, but nothing of substance, a source tells Joe Cowley of The Chicago Sun-Times (Twitter link). Cowley adds that the Thaddeus Young market is “surprisingly quiet,” though Chicago thinks it could pick up as the deadline nears.
The Warriors might not be done after last night’s trade with Philadelphia. Michael Scotto of Bleacher Report hears that Golden State has shopped both Kevon Looney and Jacob Evans for tax reasons. The Dubs are still slightly above the tax after moving three minimum-salary players in trades this season.

Trade Rumors: Clippers, Herro, LaVine, Poeltl, More

February 4th, 2020 at 5:23pm CST by Luke Adams

Chris Mannix of SI.com is among the latest reporters to weigh in this week on the Clippers‘ search for a center. According to Mannix, Los Angeles’ coaching staff has some concerns about the team’s rebounding. We heard on Monday that the Clips are also wary of facing star centers like Rudy Gobert or Nikola Jokic in the postseason.

Sources tell Mannix that there’s some interest within the Clippers’ front office in Tristan Thompson, whom the Cavaliers have put on the trade block. Mannix also names disgruntled Kings big man Dewayne Dedmon as a possible target, though he cautions that Dedmon wouldn’t be a preferred option for L.A.

The Clippers have Maurice Harkless‘ $11MM+ expiring contract available to use as a salary-matching piece for a trade target earning an eight-figure salary, but the team will have to be careful about how it fires that bullet. Acquiring a pricey center like Thompson or Dedmon using Harkless’ deal could take the team out of the market for a wing in the same salary range, such as Marcus Morris or Robert Covington.

Here are a few more trade rumors from around the NBA:

The Heat have told teams that Tyler Herro is unavailable at this time, according to Mannix. If Miami wants to do something major, Herro would likely be the first player a potential trade partner asks about, but the Heat have no interest in moving him.
The Bulls have received some trade feelers for Zach LaVine, but a source tells Marc Stein of The New York Times (Twitter link) that the 24-year-old is “off-limits.” ESPN’s Brian Windhorst and Zach Lowe said essentially the same thing on a podcast this week.
Teams are calling the Spurs to ask about Jakob Poeltl, but the asking price is believed to be too high, tweets Jabari Young of CNBC. Poeltl will be a restricted free agent at season’s end, so it’s possible San Antonio will lower its price by Thursday if the big man isn’t in the team’s long-term plans.
Nuggets power forward Juan Hernangomez is among the players of interest for the Rockets, per Jonathan Feigen of The Houston Chronicle (Twitter link). Denver is reportedly seeking a second-round pick for Hernangomez.

Trade Rumors: Wolves, Wizards, Kennard, Valentine, Burks, More

February 4th, 2020 at 1:10pm CST by Luke Adams

Timberwolves forward Robert Covington has been one of the most-discussed trade candidates leading up to this year’s deadline, and looks like one of the likeliest players to be on the move. While star teammate Karl-Anthony Towns will understand if Covington is dealt, he admitted in a conversation with Sam Amick of The Athletic and Chris Hine of The Star Tribune that he’s not thrilled by the idea.

“I think it’s very obvious he’s my best friend on the team, so it would be very difficult if something like that was going to happen,” Towns said of Covington. “But like with Zach LaVine (traded from the Timberwolves to Chicago in 2017) , you know this is a business. So like I said, I’m the one who just plays the game. I don’t get paid to make rosters and stuff like that.”

As Amick and Hine note, Towns said it’s not his job to make roster decisions and expressed confidence in Timberwolves president of basketball operations Gersson Rosas to make those calls. Still, given how aggressively the front office has pursued D’Angelo Russell, one of Towns’ best friends, it’ll be interesting to see if the team is willing to part with Covington – another one of KAT’s good friends – if there’s no guarantee that doing so will land D-Lo in Minnesota.

“I don’t get paid to make those decisions,” the Timberwolves’ franchise player said. “Those are tough decisions, but here’s to hoping that I see Cov on Friday, I guess. … He’s a great guy, a great dude. He’s a great player. He’s helped me tremendously and he’s continuing to help me every day. He just gives me such comfort out there.”

Here are more trade rumors from around the NBA:

As first referenced by ESPN’s Brian Windhorst, the Wizards have expressed interest in Cavaliers big man Tristan Thompson, confirms Candace Buckner of The Washington Post (via Twitter). If the Wizards were to make a move for Thompson, it would be with an eye toward the future, since they’d hold his Bird rights, Buckner notes.
Vince Ellis of The Detroit Free Press confirms that that the Pistons are open to moving Luke Kennard if the price is right. However, in the wake of rumors that the Suns are discussing a trade for the third-year sharpshooter, Ellis reports that no deal appears imminent and that Detroit isn’t worried about the possible price tag on a Kennard extension if he remains with the Pistons.
Two rival executives view the Sixers and Grizzlies as possible landing spots for Bulls trade candidate Denzel Valentine, according to K.C. Johnson of The Chicago Tribune.
The Mavericks have real interest in Warriors guard Alec Burks, a source tells Chris Crouse of Hoops Rumors (Twitter link). Dallas and Golden State have already made one trade this season, with Willie Cauley-Stein sent to the Mavs last month.
ESPN’s Adrian Wojnarowski takes a look at the trade talks involving the Timberwolves, Warriors, Rockets, and Hawks, with the Wolves trying to orchestrate a multi-team deal that would send D’Angelo Russell to Minnesota. Kevin O’Connor of The Ringer had details earlier on those discussions, with both Woj and O’Connor agreeing that there’s still a gulf between Minnesota and Golden State.

Kris Dunn Out At Least Two Weeks With MCL Injury

February 4th, 2020 at 10:21am CST by Luke Adams

The Bulls have confirmed a report that Kris Dunn suffered a medial collateral ligament (MCL) sprain in his right knee, the team announced today in a press release. The fourth-year guard sustained the injury in the first quarter of last Friday’s game.

According to the Bulls, Dunn will be re-evaluated following “an initial two-week phase of immobilization and physical therapy.” As his symptoms improve, the team will determine a more specific treatment plan and recovery timetable.

While Chicago isn’t committing to a timeline for Dunn’s return yet, K.C. Johnson of NBC Sports Chicago points out (via Twitter) that a similar injury cost him 23 games last season. Johnson cautions that the two injuries may not be equally severe, but notes that this will be a week-to-week issue, rather than day-to-day.

A former fifth overall pick, Dunn has seen his offensive production slip this season, averaging just 7.3 PPG and 3.4 APG on .444/.259/.741 shooting in 51 games (24.9 MPG). However, he has been the Bulls’ strongest perimeter defender and arguably one of the NBA’s best too — his 2.9 steals per 36 minutes ranks first in the league.

With 76 starts over the last two seasons in Chicago, Dunn is just six starts away from reaching the starter criteria, which would increase his qualifying offer this summer from $4.6MM to $7.1MM, tweets ESPN’s Bobby Marks. The Bulls would have to extend that QO in order to make Dunn a restricted free agent.

Lowe’s Latest: Redick, Bertans, Collins, Drummond, OKC, More

February 3rd, 2020 at 9:14am CST by Luke Adams

A number of players who have been mentioned as trade candidates this season may not be moved – or may not be available at all – at Thursday’s deadline, ESPN’s Zach Lowe writes in an article jam-packed with trade-related rumors and speculation.

For instance, teams who have called the Pelicans asking about J.J. Redick have been “shooed away,” sources tell Lowe. The Wizards have taken a similar approach to clubs inquiring on Davis Bertans, though Lowe notes that could change if Washington is offered something concrete that moves the needle more than a future first-round pick.

As Shams Charania of The Athletic reported last week, teams have been monitoring John Collins in case the Hawks think about trading him, but there’s no indication Atlanta has interest in moving Collins “on any of the general terms being bandied about,” Lowe writes.

The Pistons‘ talks involving Andre Drummond aren’t entirely dormant, but it’s “far from a sure thing” that he’ll be moved, according to Lowe, who suggests that even if Detroit does make a deal, the return will likely be less than the team envisioned.

Meanwhile, the Thunder have been mentioned all season long as a potential seller, given their offseason moves and their veteran trade candidates. But the safest bet is that they stand pat with guys like Danilo Gallinari, Dennis Schroder, and Steven Adams, per Lowe.

As Lowe points out, the Thunder could still have leverage to make deals after the season, when Schroder and Adams will be entering contract years and Gallinari will be a prime sign-and-trade candidate. The Heat are among the teams to inquire on Gallinari this season, sources tell Lowe.

As noted above, Lowe’s latest ESPN piece is filled with many more trade rumors and notes. Here are several of the highlights:

Lowe confirms a previous report that the Nuggets and Heat are among the teams to express interest in Jrue Holiday. Lowe also names the Raptors as a club that would be an ideal fit for the Pelicans guard, but he has a hard time envisioning a deal involving any of those teams unless they’re willing to part with young players like Michael Porter Jr., Tyler Herro, or OG Anunoby, which seems unlikely.
The Pacers could probably net a first-round pick for backup guard Aaron Holiday, but haven’t shown any real interest in moving him, says Lowe.
The chatter about the Trail Blazers making a major win-now move has died down, sources tell Lowe.
According to Lowe, the Lakers have explored the Kyle Kuzma market and are eyeing several ball-handlers, including Kings swingman Bogdan Bogdanovic, who has also received interest from the Hornets.
The Sixers don’t intend to include Matisse Thybulle in any deal and seem most likely to “tinker” around the edges of their roster, per Lowe.
The Grizzlies have asked for a first-round pick from teams inquiring on Jae Crowder, according to Lowe. However, he’d “bet heavily” against any potential trade partner meeting that price.
Lowe provides updates on both Morris brothers, suggesting that the Knicks “seem hell-bent” on keeping and re-signing Marcus Morris, and citing sources who say the Pistons could probably get a second-round pick for Markieff Morris.
A lot of teams have asked the Bucks about Sterling Brown, while Pistons youngsters Christian Wood and Sviatoslav Mykhailiuk have also generated interest, according to Lowe, who thinks that Detroit is more likely to engage in talks on Wood than Mykhailiuk. Lowe also hears that a few clubs have “poked around” on Kings big man Harry Giles, and identifies Denzel Valentine (Bulls), Jakob Poeltl (Spurs), Marvin Williams (Hornets), and Malik Monk (Hornets) as other under-the-radar trade candidates to watch.

Kris Dunn Sprains Right MCL

February 2nd, 2020 at 2:12pm CST by Alex Kirschenbaum

An initial examination has revealed that 6’3″ Bulls bench-guard-turned-starting-small forward Kris Dunn is suffering from a sprained right medial collateral ligament, according to the Chicago Sun-Times (Twitter link) and K.C. Johnson of NBC Sports Chicago (Twitter link).

Johnson notes that there is no timeline set for Dunn’s return, while the Sun-Times account notes that more information will be divulged once Dunn consults with doctors. Depending on the severity of the sprain, Dunn could be looking at a multi-week recovery window before he is cleared to resume action.

Bulls head coach Jim Boylen told reporters that second-year forward Chandler Hutchison will start in Dunn’s stead for Chicago’s afternoon game against the Raptors today, according to Johnson (Twitter link). Dunn exited Friday night’s 133-118 loss to the Nets with the injury.

In 51 contests this season (including 32 starts), Dunn is averaging 7.3 PPG, 3.6 RPG and 3.4 APG, while shooting 44.4% from the field and 74.1% from the free throw line. The No. 5 pick in 2016 out of Providence, Dunn has established himself as a terrific defender for a surprisingly effective Chicago defense this season. The 6’3″ wing is a restricted free agent this summer.

Bulls Notes: Dunn, Young, LaVine, All-Star Weekend

February 1st, 2020 at 6:16pm CST by Arthur Hill

The Bulls lost their defensive leader when Kris Dunn suffered a knee injury 13 seconds into Friday’s game, writes Joe Cowley of The Chicago Sun-Times. Dunn returned to Chicago to undergo an MRI and get a thorough examination from team doctors. A more detailed report on his condition should be available soon.

The injury comes at an awkward time for Chicago with the trade deadline just five days away. Despite a 19-32 record, the Bulls are just three-and-a-half games out of the eighth spot in the East. Coach Jim Boylen acknowledged that several factors are in play as the organization decides whether to be buyers or sellers.

“The health of our team, our future development, our current ability to fight for the playoffs, we’ll take all that into account,’’ Boylen said.

A long-term absence for Dunn would weigh heavily on those decisions. He has become a contender for the NBA’s All-Defensive Team and serves as the on-court embodiment of Boylen’s defense-first philosophy.

“He brings other things that maybe you don’t see on the floor,’’ Boylen said. “He’s a great teammate, he relishes in his teammates’ success. He’s a vocal part of our meal room, our meetings, our video. He helps us learn and grow, so we’re going to miss him on a lot of levels.’’

There’s more from Chicago:

The irony of Dunn’s injury is that he was hurt in a collision with teammate Thaddeus Young, who is a prime candidate to be traded if the Bulls decide to break up the team, Cowley adds in the same story. Young was knocked backward while drawing a charge, and his head struck Dunn’s knee. Young has been part of trade rumors for several weeks, but is attempting to go about business as usual. “I try not to worry about those things,’’ he said after today’s practice. “I try to continue to come and hoop whether I’m playing for the Bulls or playing for any other organization. … If they have to make a business decision, I understand what it is. I’ve been in the game for a long time. I understand organizations have to make changes and business decisions. When you get into a situation and your back is against the wall, you have to learn how to pivot.’’
Zach LaVine tells Sam Smith of NBA.com that he’s disappointed not to be named to the All-Star Game, but understands the reasons for the decision. “You just saw the trend where they went for players on winning teams,” LaVine said. “Everybody (who has excelled this season) feels like they are deserving. But there are only so many spots. A lot of guys can make their case.” Rob Schaefer of NBC Sports Chicago examines the remarkable numbers LaVine posted in January, which was the best month of his career.
No Bulls are currently slated to participate in any All-Star Weekend event, even though the game is in Chicago for the first time since 1988, notes Jamal Collier of The Chicago Tribune. Wendell Carter Jr. was selected for the Rising Stars Challenge, but will miss the game because of a sprained right ankle.