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Forbes Releases 2019 NBA Franchise Valuations

February 6th, 2019 at 1:03pm CST by Luke Adams

A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.

This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.

The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.

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

  1. New York Knicks: $4 billion
  2. Los Angeles Lakers: $3.7 billion
  3. Golden State Warriors: $3.5 billion
  4. Chicago Bulls: $2.9 billion
  5. Boston Celtics: $2.8 billion
  6. Brooklyn Nets: $2.35 billion
  7. Houston Rockets: $2.3 billion
  8. Dallas Mavericks: $2.25 billion
  9. Los Angeles Clippers: $2.2 billion
  10. Miami Heat: $1.75 billion
  11. Toronto Raptors: $1.675 billion
  12. Philadelphia 76ers: $1.65 billion
  13. San Antonio Spurs: $1.625 billion
  14. Portland Trail Blazers: $1.6 billion
  15. Sacramento Kings: $1.575 billion
  16. Washington Wizards: $1.55 billion
  17. Phoenix Suns: $1.5 billion
  18. Oklahoma City Thunder: $1.475 billion
  19. Utah Jazz: $1.425 billion
  20. Indiana Pacers: $1.4 billion
  21. Denver Nuggets: $1.375 billion
  22. Milwaukee Bucks: $1.35 billion
  23. Orlando Magic: $1.325 billion
  24. Atlanta Hawks: $1.3 billion
  25. Cleveland Cavaliers: $1.275 billion
  26. Detroit Pistons: $1.27 billion
  27. Minnesota Timberwolves: $1.26 billion
  28. Charlotte Hornets: $1.25 billion
  29. New Orleans Pelicans: $1.22 billion
  30. Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

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Trade Rumors: Wolves, A. Davis, Irving, Conley, More

February 6th, 2019 at 12:42pm CST by Luke Adams

After making a big splash earlier in the season by sending Jimmy Butler to Philadelphia, the Timberwolves remain active on the trade market, according to Jon Krawczynski of The Athletic, who reports that GM Scott Layden is “canvassing the league for available deals.” Darren Wolfson of 5 Eyewitness News relays a similar sentiment, tweeting that Layden has been “much more communicative” than in past years.

According to Wolfson, players on expiring contracts are available, as are Jeff Teague and Gorgui Dieng. However, as of Tuesday, there was “zero sense” that anything was close to getting done. Meanwhile, sources tell Krawczynski that multiple teams checked in last month on Andrew Wiggins to see if the Timberwolves might be willing to move him for “pennies on the dollar.” Those inquires qualified more as due diligence though, and didn’t really go anywhere, per Krawczynski.

Here are several more trade rumors from around the NBA:

  • The Pelicans still have yet to respond to the Lakers‘ most recent trade offer for Anthony Davis, reports ESPN’s Adrian Wojnarowski (via Twitter). L.A. reportedly pulled out of talks on Tuesday after making a big offer on Monday night, though it appears the club would be ready to re-engage if New Orleans makes a counter-offer.
  • While Kyrie Irving‘s comments on his upcoming free agency last week had some league observers wondering if the Celtics would consider moving him at the trade deadline, the team – unsurprisingly – has no intention to do so, writes Steve Bulpett of The Boston Herald. “Boston’s not taking calls on Kyrie,” one general manager said. “That was made pretty clear.”
  • The Grizzlies are believed to be seeking multiple first-round picks in any package for Mike Conley, tweets Marc Stein of The New York Times. According to Tony Jones of The Salt Lake Tribune, the Jazz’s final offer to Memphis was a first-round pick, a second-round pick, and expiring contracts (likely Ricky Rubio and Derrick Favors). The Grizzlies asked for Dante Exum, but were told no, per Jones (Twitter link via John Martin of 92.9 ESPN).
  • A source tells Joe Cowley of The Chicago Sun-Times that the Bulls have received “a handful” of calls about Jabari Parker within the last week. Parker is a candidate to be traded, or to be bought out if Chicago can’t find a suitable deal.
  • According to Keith Smith of Yahoo Sports (Twitter link), the Hawks have started to receive more calls on veteran trade candidates Kent Bazemore, Dewayne Dedmon, and Jeremy Lin. Smith adds (via Twitter) that Knicks forward Noah Vonleh is another trade candidate to watch, as he has generated multiple inquiries.
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NBA G League Assignments/Recalls: 2/5/19

February 5th, 2019 at 8:42pm CST by marksuleymanov

Here are Tuesday’s assignments and recalls from the G League:

  • The Nets assigned oft-injured guards Allen Crabbe and Caris LeVert to their affiliate in Long Island for practice, the team announced (Twitter link). Brooklyn recalled both men after practice, per Brian Lewis of the New York Post (Twitter link). LeVert has not played since Nov. 12 when he suffered a right foot dislocation and Crabbe has been sidelined with a sore knee since Dec. 12. Crabbe will be available Wednesday against the Nuggets while Brooklyn is hopeful LeVert can return shortly thereafter.
  • The Wizards assigned John Jenkins to their G League affiliate, the Capital City Go-Go, the team announced (Twitter link). Jenkins has yet to play in a game with Washington and has appeared in just one game with the Go-Go.
  • The Bulls assigned Antonio Blakeney to their G League affiliate, the Windy City Bulls, the team announced (Twitter link). Blakeney has appeared in 40 games with Chicago this season, averaging 7.8 PPG and 1.6 RPG.
  • The Lakers assigned rookie Isaac Bonga to their G League affiliate, the South Bay Lakers, the team announced (Twitter link). The 19-year-old has averaged 12.3 PPG, 6.1 RPG and 2.6 APG with South Bay.
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Trade Rumors: KCP, J. Parker, O’Quinn, R. Lopez

February 5th, 2019 at 9:51am CST by Luke Adams

In addition to doing their best to pry Anthony Davis away from the Pelicans, the Lakers have reportedly explored a deal with the Bulls involving Kentavious Caldwell-Pope and Jabari Parker. ESPN’s Brian Windhorst reported as much on the Hoop Collective podcast this week, as Matthew Moreno of LakersNation.com relays.

There are a number of potential roadblocks to such a deal. For one, the Lakers would have to include at least one more piece in order to match salaries, since Parker is earning $20MM and Caldwell-Pope has a $12MM cap hit. Most of the Lakers’ other expiring contracts are tied up in their offer for Davis, though they’d be available to move if the Pelicans decide to hang onto AD through the deadline.

Additionally, Caldwell-Pope has the ability to veto a trade, which is why he hasn’t been included in any of the Lakers’ offers to the Pelicans for Davis. Windhorst suggests that the Bulls “really like” Caldwell-Pope, so if KCP reciprocates that interest, perhaps he’d sign off on a deal. But it’s unclear whether he’d agree on a move that would send him from a playoff contender to a lottery team. For what it’s worth, Joe Cowley of The Chicago Sun-Times hears that Caldwell-Pope doesn’t appear to be interested in the Bulls.

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

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Bulls Gauging Kris Dunn's Value Down Stretch

February 3rd, 2019 at 5:26pm CST by Austin Kent
  • Despite reports that the Bulls will be gauging Kris Dunn‘s worth over the final 30 games of the regular season, the 24-year-old former fifth-overall pick is unfazed. The third-year-guard tells Joe Cowley of the Chicago Sun-Times that he’ll compete anywhere he ends up, just as he has this year, through a knee injury and mid-season coaching change.
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Lowe’s Latest: Rockets, Prince, Blazers, Heat

February 2nd, 2019 at 3:52pm CST by ChrisCrouse

The Rockets and Cavaliers had discussions about sending Brandon Knight to Cleveland along with a first-round pick in exchange for Alec Burks. However, Zach Lowe of ESPN.com hears that those talks have ceased. Houston has also spoken with the Grizzlies about potential Knight deals.

Cleveland is selling Burks, Rodney Hood, and any other “indispensable asset” prior to the deadline, Lowe writes. The team is willing to take back future salary in exchange for picks.

Houston is expected to scour the market for deals leading up to the deadline with an eye on attaching a future first-rounder to Knight and Marquese Chriss. The Rockets would likely push for lottery protections on any picks that would convey past James Harden‘s prime.

Lowe’s latest piece contains trade nuggets from several teams in the league and we’ve already passed along news from the Grizzlies’ Mike Conley and Marc Gasol sweepstakes as well as the Magic’s pre-deadline plan. Here are the rest of the newsworthy notes from the ESPN piece:

  • The Hawks have made Taurean Prince available in trade talks, sources tell Lowe. Atlanta hasn’t received a ton of traction on Prince deals because of its asking price. The organization wants a young prospect and a pick in exchange for the small forward.
  • The Blazers have put their first-rounder on the table in trade talks, sources tell Lowe. Portland has reached out about Otto Porter Jr.‘s availability, though Wizards owner Ted Leonsis previously announced that the team would not be trading Porter before the deadline.
  • Porter has drawn interest from several teams. In addition to the Blazers, the Mavericks and Jazz have kept an eye on the situation. Dallas was interested in swapping Harrison Barnes for Porter prior to the Kristaps Porzingis trade.
  • Miami appears to be willing to move anyone but Justise Winslow, Josh Richardson and Bam Adebayo for cap relief. Lowe expects the Heat to try to get at least a second-round pick for Wayne Ellington.
  • Lowe confirms a previous report that JaMychal Green, Justin Holiday, and Garrett Temple are all available. Holiday, who was acquired from the Bulls earlier this year, cost the Grizzlies two second-round picks.
  • The Kings have approximately $11MM in cap space available and they want to use it to pick up an asset. Lowe writes that it could be a draft pick or a player who will help them win this season.
  • Sacramento is willing to engage in trade talks about Willie Cauley-Stein, who will be a restricted free agent this summer. The Kings may simply let the center walk should he receive too high of an offer this offseason.
  • The Bulls are expected to listen to offers for anyone but Lauri Markkanen and Wendell Carter. Lowe doesn’t expect Chicago to deal either Kris Dunn or Zach LaVine though, as the team’s asking price is anticipated to be too high.
  • The Nuggets own a pair of trade exceptions and have slightly less than $7MM in breathing room under the tax. They are open to taking on a salary dump if another team calls and has to shed a player in that price range.
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Free Agent Stock Watch 2019: Central Division

February 1st, 2019 at 9:56pm CST by Dana Gauruder

Every week, Hoops Rumors takes a closer look at players who will be free agents or could become free agents next offseason. We examine if their stock is rising or falling due to performance and other factors. This week, we turn our attention to the Central Division:

Bobby Portis, Bulls, 23, PF (Up) – Signed to a four-year, $6.85MM deal in 2015
Portis turned down a contract extension to give himself a chance to shop his services this summer. Portis has battled a variety of injuries but has finally settled in since the New Year. He erupted for 26 points in 24 minutes in a victory over Miami on Wednesday. Portis is foul prone but can gather rebounds in bunches and is shooting 42.5% from long range since returning to the rotation. He’ll be a restricted free agent if Chicago extends a qualifying offer but Portis’ youth and production could land him an offer sheet once the bigger names are off the board.

Alec Burks, Cavaliers, 27, SG (Up) – Signed to a four-year, $42MM deal in 2015
Burks was acquired from Utah in December because of his $11.5MM expiring contract, but he’s playing regularly and showing off his versatility. Cleveland is using him in more of a playmaking role than he had with the Jazz and he recorded nine assists in a win over Washington on Tuesday. He’s also been shooting it well (45.8% from long range) and contributing on the boards (5.5 RPG) since the New Year began. Burks could be traded again before the February 7th deadline.

Stanley Johnson, Pistons, 22, SF (Down) – Signed to a four-year, $12.8MM deal in 2015
Johnson got a fresh start after two disappointing seasons due to a coaching change. However, Johnson hasn’t been any better under Dwane Casey than he was with Stan Van Gundy. He’s shooting 26.8% from the 3-point line and doesn’t finish his drives with any consistency. Johnson can be a hard-nose defender but much more was expected from a lottery pick who departed Arizona after one season. Johnson could be a restricted free agent if the Pistons extend a $5.3MM qualifying offer, but there’s an increasing possibility the franchise will let him walk.

Brook Lopez, Bucks, 30, C (Up) — Signed to a one-year, $3.38MM deal in 2018
Lopez’s game has changed dramatically since he entered the league. He does two things very well — stretch defenses with his 3-point prowess and block shots. He delivered both at high levels in January. Lopez shot 48.1% from long range and averaged 2.6 BPG, including a trio of contests in which he swatted five or more shots. Lopez fits well into Milwaukee’s scheme, providing solid production at a bargain basement rate. He should be able to land a bigger contract this summer.

Bojan Bogdanovic, Pacers, 29 (Up)– Signed to a two-year, $21MM deal in 2017
Bogdanovic has steadily increased his production during his five NBA seasons and he’s picking a good time to have a career year. Bogdanovic is averaging career highs in points, rebounds, assists, field goal percentage, 3-point percentage and steals. The Pacers will rely on his marksmanship even more with Victor Oladipo out for the season. A wing player that can knock down 40% of his threes is bound to grab plenty of attention this summer.

Photo courtesy of USA Today Sports Images.

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Bulls Acquire Timothe Luwawu-Cabarrot, Waive Carmelo Anthony

February 1st, 2019 at 1:03pm CST by Luke Adams

1:03pm: The Bulls have issued a press release confirming that they’ve sent a heavily protected 2020 second-round pick to the Thunder in exchange for Luwawu-Cabarrot and cash. The team has also officially waived Anthony, lining him up to clear waivers on Sunday.

Chicago plans to hang onto Luwawu-Cabarrot, per K.C. Johnson of The Chicago Tribune (Twitter link).

12:39pm: The Bulls and Thunder are in the process of finalizing a trade that will send Timothe Luwawu-Cabarrot and cash considerations to Chicago, reports Shams Charania of The Athletic (Twitter link).

Chicago currently has a full 15-man roster, so the club will need to trade or waive a player to finalize the deal. It sounds like that player will be Carmelo Anthony, according to ESPN’s Adrian Wojnarowski (Twitter link). Anthony had remained in limbo after being sent from Houston to Chicago in a trade last month, but appears set to become a free agent, assuming he goes unclaimed on waivers. The Lakers remain a “real possibility” for Carmelo, Woj adds (via Twitter).

The trade itself between the Bulls and Thunder appears financially motivated. Oklahoma City will be on the hook for a huge tax bill at season’s end, so clearing TLC’s $1,544,951 salary will save the franchise exponentially more than that in tax penalties. ESPN’s Bobby Marks pegs the tax savings at $7.3MM.

As for the Bulls, they’ll likely receive enough cash from the Thunder to cover more than Luwawu-Cabarrot’s remaining salary, so they’re essentially being paid to use a spot on their 15-man roster — the deal is similar to the financially–motivated swaps Chicago made with the Rockets earlier in the season. It’s not clear if the Bulls will hang onto TLC, an unrestricted free agent in 2019, for the rest of the season or if they’ll replace him with another player after trading for him.

The 24th overall pick in the 2016 draft, Luwawu-Cabarrot hasn’t developed into a reliable NBA rotation piece. In 142 career games (14.9 MPG) for Philadelphia and Oklahoma City, he has averaged 5.5 PPG and 1.7 RPG with a .385/.317/.829 shooting line.

The Thunder will dip to 13 players as a result of the deal and will have two weeks to add a 14th man to their roster. By signing a player – or player(s) – to a 10-day contract or a prorated rest-of-season deal, the club will save some money on its year-end tax bill. I explained this concept last week when I identified Luwawu-Cabarrot as a potential trade candidate.

Meanwhile, the Bulls will use part of the $2.73MM trade exception they generated earlier this season in the Justin Holiday trade in order to absorb Luwawu-Cabarrot’s salary, Marks notes. The Thunder, in turn, will create a TPE worth TLC’s salary ($1,544,951).

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Mutual Interest Between Suns, Lonzo Ball?

January 31st, 2019 at 4:12pm CST by Luke Adams

As Lonzo Ball‘s name continues to surface in Anthony Davis-related trade rumors, Ball’s camp maintains that New Orleans wouldn’t be a desirable destination for the point guard, per Tania Ganguli of The Los Angeles Times (Twitter link). Ball’s camp has reportedly expressed a desire to end up on a team with a more glaring hole at point guard if he’s traded, and two sources tell Ganguli that there’s mutual interest between Ball and the Suns.

According to Brad Turner of The Los Angeles Times, Ball and his representatives recognize that they don’t have any power to control his destination in a trade, but they’d like the Lakers to re-route him to a third team such as the Bulls, Knicks, or Suns if he’s included in a Davis package. It’s not clear if the Knicks would still a preferred destination after today’s trade agreement involving Dennis Smith Jr.

In any case, the Pelicans, apparently undeterred by Ball’s disinterest, continue to view him as a key piece in any deal with the Lakers for Davis, Turner writes. As we relayed earlier today, the Lakers sent New Orleans some potential trade scenarios for Davis, and one of those scenarios – according to Turner – included Ball, Kyle Kuzma, Brandon Ingram, Ivica Zubac, and a future first-round pick. Pelicans GM Dell Demps hasn’t gotten back to the Lakers yet about any of their hypothetical offers, says Turner.

As Turner writes, Ball has concerns about a potentially crowded backcourt in New Orleans and would rather end up with a team without an answer at point guard. The Suns, who have been on the lookout for a long-term point guard since at least the summer of 2018, certainly fit that bill. According to Turner, the Pelicans believe they fall into that group as well.

“Lonzo is going to be able to do whatever he wants to [in New Orleans],” Turner’s source said. “I think he thinks that Jrue [Holiday] is the starting point guard, but Jrue doesn’t want to be a point guard. Lonzo would be the starting point guard and he would play 35 minutes every night. There’s no way that he wouldn’t. If he wins in New Orleans, he’ll be as big of a star as he can be anywhere.”

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Bulls Scouting Veteran Point Guards

January 31st, 2019 at 12:43pm CST by Luke Adams

The Bulls have been scouting veteran point guards, according to Joe Cowley of The Chicago Sun-Times, who reports that the team isn’t just eyeing potential trade targets for the deadline, but is looking ahead to 2019’s free agent market for some “fiscally responsible” options. Cowley names Ricky Rubio and Darren Collison as a couple veteran guards who appear to fit that bill.

Chicago has given Kris Dunn the reins at point guard since acquiring him in the Jimmy Butler blockbuster with the Timberwolves during the summer of 2017. However, the 24-year-old has just been okay for the Bulls so far. Injuries have limited Dunn to 78 games since the trade, in which he has averaged 13.0 PPG, 6.1 APG, and 4.2 RPG with a .433/.328/.752 shooting line.

One scout tells Cowley that there’s talk of Dunn needing to be pushed by a proven veteran to see if he’ll “sink or swim” in reaching another level and becoming the Bulls’ point guard of the future. The franchise will face a decision on Dunn’s long-term future fairly soon. He becomes eligible for an extension during the 2019 offseason and can become a restricted free agent in 2020 if he’s not extended.

According to Cowley, one option being considered for the rest of this season if the Bulls don’t acquire a point guard at the deadline is to promote Walter Lemon Jr. from the Windy City Bulls to the NBA squad. Cowley, who describes Lemon as a “tough-minded guard that backs down from no one,” suggests that the former Pelican would be given the opportunity to compete with Dunn for minutes.

The Bulls only have about $54MM in guaranteed salary committed to their books for the 2019/20 season. While that doesn’t include cap holds for their first-round pick or various free agents, including Bobby Portis, they should still have plenty of space available to pursue a point guard in the offseason.

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