- The Thunder, Pistons, and Cavaliers are among the teams expected to be “open for business” as potential trade deadline sellers, though their most promising young players will be off limits, sources tell Amick. A 5-10 start to the season had the Kings looking like probable sellers too, but they’ve bounced back and are very much in the playoff hunt. A source with knowledge of the team’s thinking tells The Athletic that Sacramento hasn’t ruled out being a deadline buyer.
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The Cavaliers are in relatively good shape in relation to the salary cap, but will have some challenging decisions to make later in 2021, as Kelsey Russo and Danny Leroux of The Athletic examine.
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 Cavaliers’ current road trip could determine the direction of the team for the remainder of the season, Chris Fedor of the Cleveland Plain Dealer writes. It could decide their approach to the trade deadline and whether they have a realistic chance at making the postseason.
Cavaliers forward Larry Nance Jr. underwent surgery on Monday to repair a fracture in his left fourth metacarpal, the team announced in a press release.
The team confirmed that Nance is expected to be sidelined approximately six weeks. The surgery was performed at Cleveland Clinic Sports Health. He’ll undergo a period of rest and rehabilitation.
Nance, who is averaging 9.3 PPG and 6.8 RPG, was injured on Saturday against Milwaukee. He had just returned to action after being sidelined with a sprained right wrist.
The injury to Nance, who is signed through the 2022/23 season, has left Cleveland depleted at the power forward spot. Kevin Love has only played two games due to a calf injury, though he completed a pregame workout on Saturday for the first time in a month.
Raptors forward Yuta Watanabe has been able to eke out a consistent rotational role with Toronto this season, as Doug Smith of The Toronto Star details. Watanabe, who went undrafted in 2018 out of George Washington University, spent two seasons on a two-way deal with the Grizzlies before joining the Raptors at the start of the 2020/21 season. Watanabe is averaging 12.2 MPG with the club, converting 42.9% of his 1.6 three-point attempts.
All-Star teammate Kyle Lowry hailed the 6’9″ wing’s contributions: “He’s going to dive for loose balls, and he’s going to be at the right spot, and he’s going to give you everything (he’s) got. He just plays with an extreme hardness.”
Smith notes that Watanabe, currently on a two-way contract with Toronto, is likely to see his deal converted to a full NBA contract within the next month.
There’s more out of Toronto:
- Jake Fischer of Bleacher Report wonders if Raptors point guard Kyle Lowry‘s charmed tenure with Toronto may be wrapping up soon. “There’s a time capsule for everybody and everything,” one Western Conference executive said, “and it’s probably just time to move on.” Lowry signed a one-year, $30.5MM extension with Toronto that will make him an unrestricted free agent at the end of the current 2020/21 season. Though he has been his reliably excellent self, the team has stumbled out of the gate to a 10-13 record and the No. 9 seed in the East. Fischer points to several teams who could benefit from the still-productive lead guard’s services this season, including the Heat, Clippers, Pelicans and Magic.
- After the Raptors’ title-winning frontcourt tandem of Serge Ibaka and Marc Gasol fled for championship-caliber rosters in sunny Los Angeles during the offseason, the club could still be mulling ways to fortify its center position. Sources tell The Ringer’s Kevin O’Connor that the Raptors are among the teams interested in adding Cavaliers center Andre Drummond, currently earning $28.8MM this season on an expiring deal.
- The Raptors are sending rookies Malachi Flynn and Jalen Harris to the NBAGL’s Orlando “bubble” campus to get some extended development this season. Doug Smith of The Toronto Star previews their upcoming adventure with Toronto’s G League affiliate, Raptors 905.
Center Norvel Pelle played just 17 minutes before fouling out Saturday in his first game with the Nets, but he showed how he can help the team as a rim protector, writes Alex Schiffer of The Athletic. Pelle, who had to wait through a seven-day quarantine after signing last week, blocked three shots during his short stint. Coach Steve Nash expects better things once Pelle works through conditioning issues.
“He’s out of shape a little bit for NBA standards,” Nash said. “You could see him out there. I was proud of him for fighting through, trying to get his legs and his lungs going. He obviously has some instincts blocking shots, which is I think his reputation and why we looked at him. I was proud of the way he conducted himself and worked hard.”
Iman Shumpert, the Nets’ other free agent addition, didn’t play at all Saturday, and Nash isn’t sure when he’ll make his debut. He also had to quarantine and won’t participate in his first practice with the team until Monday.
There’s more from Brooklyn:
- Landry Shamet seems to have rediscovered his shot and could be a valuable scoring option off the bench, Schiffer adds in the same story. He’s averaging 12 PPG and shooting 40% from 3-point range in his last five games. “Just change a few things mentally, stay solid, simplify,” Shamet said of breaking out of a slump. “It’s not the end of the world. It’s basketball. It’s just knowing what I’m capable of and knowing that I’m doing everything I’m supposed to be doing, working hard, taking care of my body, doing everything I’m supposed to be doing. It’s mostly mental.”
- Kyrie Irving‘s sprained finger isn’t expected to be a long-term concern, according to Greg Joyce of The New York Post. Irving missed Saturday’s game and is being considered day-to-day. “(Irving) genuinely has a swollen finger and took a knock to it (Friday),” Nash said. “So hopefully it’s day-to-day. I think everybody’s proceeding as it is.”
- ESPN’s Adrian Wojnarowski is the latest media figure to comment on the possibility of the Nets acquiring Cavaliers center Andre Drummond after a buyout. On Friday’s pre-game show, Wojnarowski said Drummond might be willing to take a buyout if the Cavs don’t trade him by the March 25 deadline. He suggests the Nets could offer Cleveland Spencer Dinwiddie, who is out for the season with an ACL injury, but other teams are also interested in the 27-year-old guard.
11:42am: Nance suffered a fracture in his fourth metacarpal and will have surgery Monday morning, a source tells Chris Fedor of Cleveland.com. The Cavaliers confirmed the injury and said he is expected to miss approximately six weeks, tweets Kelsey Russo of The Athletic.
10:29am: Cavaliers forward Larry Nance Jr. is expected to have surgery after fracturing a finger on his left hand in Saturday’s game, tweets ESPN’s Adrian Wojnarowski. Sources tell Wojnarowski that Nance is likely to miss four to six weeks.
Nance just returned to action last night after being sidelined with a sprained right wrist. He has been an important contributor to a young Cleveland team hoping to reach the playoffs, averaging 9.3 points and 6.8 rebounds in 33 minutes per night. He’s one of the leaders of the defense and is second in the league at 1.9 steals per game.
Nance suffered the injury in the first quarter of Saturday’s loss to the Bucks, according to Chris Fedor of Cleveland.com (Twitter link). He still managed to play 23 minutes.
Billy Donovan isn’t ready to change his starting point guard, but the Bulls coach expects more playing time for Tomas Satoransky now that he has returned from his second COVID-19 experience, writes Joe Cowley of The Chicago Sun-Times. Satoransky was sidelined earlier in the season due to contact tracing, then tested positive for the virus later. Saturday marked his fifth game back, and his playing time has been gradually increasing.
“I think he’s getting his legs back under him, he’s trying to find himself, but each game I think he’s out there playing I think he’ll be more and more comfortable,’’ Donovan said.
There might be temptation to move Satoransky into the starting lineup in place of Coby White, who’s shooting 40% from the field and struggling as a lead guard, but Donovan remains committed to developing White as the long-term answer at point guard.
“Is it a situation where maybe you bring Sato in a little bit earlier? You stagger those guys? But I’m not at a point where I just say, ‘Hey, listen we’re done with him.’ I wouldn’t do that. I think he’s too important to our team,” Donovan said. “He does compete, I trust him in that area. I just think he’s a guy that’s 20 years old, and there’s going to be some of these moments where he’s going to be up and down.’’
There’s more from the Central Division:
- The Bulls drafted Patrick Williams for his defensive prowess, but injuries may force them to rely on him for more scoring, notes Darnell Mayberry of The Athletic. Williams is one of seven rookies in a regular starting role, but he’s only ninth on the team at 29.7 touches per game. “They just say whatever I do, be confident in it 100%,” Williams said. “They have confidence in me in whatever I decide to do, whether it’s drive or shoot. Just whatever I do, be 100% confident and don’t be in the middle.”
- Bobby Portis is excelling with the Bucks’ second unit, writes Spencer Davies of Basketball News. Portis, who signed as a free agent during the offseason, enjoys changing the atmosphere of a game. “I think the last three, four years of my career, I’ve kinda found the niche of coming in and bringing energy off the bench,” he said. “Just knowing if the game’s up and down or if our team needs energy, being that sparkplug that the team needs.”
- Cavaliers forward Kevin Love, who has been limited to two games this season because of a calf injury, went through a pre-game workout Saturday for the first time in more than a month, writes Chris Fedor of Cleveland.com. No date has been set for him to return.
Matthew Dellavedova has been dealing with the after-effects of a major concussion but he has no plans to retire. The Cavaliers guard tweeted that he considers the brain injury a “temporary setback.”
“Retirement is not on my mind at all right now. Only focus is getting healthy and back with the boys to help make a playoff push,” Dellavedova wrote. “Cavs are playing good basketball and I’m definitely looking forward to being a part of what is getting built here. Injuries are frustrating but it’s a temporary setback and I’m looking forward to coming back from this better than before. Thank you and appreciate the well wishes.”
Dellavedova suffered the concussion during the team’s first preseason game. A report from The Athletic this week suggested that his linger symptoms could impede his basketball future. Dellavedova has experienced several concussions in his career.
He was re-signed on a one-year, veteran’s minimum deal in November.
“He’s taking steps, but they’re small steps,” Cavaliers head coach J.B. Bickerstaff recently said. “With the history that he has, with the concussions, we’re taking every caution that we possibly can to make sure that he’s gonna be fully recovered first before we do anything with him.”
Dellavedova, 30, appeared in 57 games with Cleveland last season. Over the past seven seasons with the Bucks and Cavaliers, Dellavedova has appeared in 434 games. He’s averaged 5.6 PPG and 3.7 APG in 20.4 MPG while making 36.8% of his 3-point shots.