Cavaliers Rumors

Forbes Releases 2018 NBA Franchise Valuations

The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.

The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.

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

  1. New York Knicks: $3.6 billion
  2. Los Angeles Lakers: $3.3 billion
  3. Golden State Warriors: $3.1 billion
  4. Chicago Bulls: $2.6 billion
  5. Boston Celtics: $2.5 billion
  6. Brooklyn Nets: $2.3 billion
  7. Houston Rockets: $2.2 billion
  8. Los Angeles Clippers: $2.15 billion
  9. Dallas Mavericks: $1.9 billion
  10. Miami Heat: $1.7 billion
  11. San Antonio Spurs: $1.55 billion
  12. Toronto Raptors: $1.4 billion
  13. Sacramento Kings: $1.375 billion
  14. Washington Wizards: $1.35 billion
  15. Cleveland Cavaliers: $1.325 billion
  16. Portland Trail Blazers: $1.3 billion
  17. Phoenix Suns: $1.28 billion
  18. Oklahoma City Thunder: $1.25 billion
  19. Orlando Magic: $1.225 billion
  20. Utah Jazz: $1.2 billion
  21. Philadelphia 76ers: $1.18 billion
  22. Indiana Pacers: $1.175 billion
  23. Atlanta Hawks: $1.15 billion
  24. Denver Nuggets: $1.125 billion
  25. Detroit Pistons: $1.1 billion
  26. Milwaukee Bucks: $1.075 billion
  27. Minnesota Timberwolves: $1.06 billion
  28. Charlotte Hornets: $1.05 billion
  29. Memphis Grizzlies: $1.025 billion
  30. New Orleans Pelicans: $1 billion

For comparison’s sake, Forbes’ 2017 valuations can be found right here.

LeBron James Won’t Waive No-Trade Clause

FEBRUARY 7, 7:31am: Following a Tuesday loss to Orlando that one Cavs player referred to as “a new low,” James publicly discussed his no-trade clause, confirming that he has no plans to waive it, per Dave McMenamin of ESPN.com.

“I’m here for the long haul,” James said. “I’m here for this season right now, [to] try to figure out ways we can still compete. I couldn’t give up on my teammates like that. I couldn’t do that. I just couldn’t do it. We put too much into the game every single day. We go out and prepare. Win, lose or draw, at the end of the day, we’re all brothers, and we understand that. I owe it to my teammates to finish this season out no matter how it ends up. I would never waive my no-trade clause.”

FEBRUARY 6, 11:37am: As disastrous as the situation in Cleveland has been lately, the Cavaliers remain the third-seeded team in the Eastern Conference, making it extremely unlikely that the front office would consider the idea of trading LeBron James before this week’s deadline. But even if the Cavs did entertain the thought, a deal wouldn’t be possible, according to Shams Charania of Yahoo Sports.

Sources tell Charania that teams around the NBA are doing their due diligence on James’ situation and his no-trade clause in an attempt to determine if a trade would be remotely plausible. However, LeBron is “determined” to see the season through in Cleveland, and won’t waive that no-trade clause, Charania reports.

While there are several NBA players who have the ability to block trades this season, only three – James, Dirk Nowitzki, and Carmelo Anthony – have explicit no-trade clauses included in their respective contracts. Anthony waived his no-trade clause back in the fall when the Knicks worked out a deal to send him to the Thunder, but James has no plans to follow suit.

The NBA’s Collective Bargaining Agreement allows a team to include a no-trade clause in a player’s contract if that player has spent at least eight years in the NBA and four with his current team. Those four years don’t have to be consecutive, which is why James was eligible for a no-trade clause in his most recent deal, despite having only been back in Cleveland for two years at that point.

The subject of James’ no-trade clause also came up back in July after Kyrie Irving‘s trade request surfaced and there was some speculation that the Cavs might want to launch into full-fledged rebuilding mode. As is the case now, LeBron was said at the time to be unwilling to waive his no-trade clause.

Cavaliers Notes: James, Altman, Gilbert, Irving

The Cavaliers have struggled for the better part of 2017/18 and while they do, tensions continue to mount between LeBron James and the franchise’s management, Jason Lloyd of The Athletic writes.

Even before the club’s moribund loss to the Magic on Tuesday, Lloyd pulled the curtain back on the NBA’s most dysfunctional family in the days leading up to the trade deadline.

Here are some highlights lowlights from the worthwhile read:

  • The root of the Cavs’ problems, Lloyd says, can be traced back to two key issues that unfolded during the offseason. First and foremost, the club’s decision to part ways with woefully underpaid general manager David Griffin, and secondly, the Kyrie Irving trade that shook the foundation of the roster.
  • While James was vocal about his support for Griffin, team owner Dan Gilbert ultimately gave the job to young, in-house executive Koby Altman. Altman, Lloyd claims, is widely regarded as not ready for the task ahead of him.
  • The Griffin decision wasn’t the only time the Cavs went against James’ wishes during the offseason. They opted to sign draft-and-stash prospect Cedi Osman rather than pursue James’ preferred target, veteran Jamal Crawford.
  • One of the most substantial moves the Cavs made was to deal Irving after his trade request, fearing that his value would decrease if they waited closer to when he hit free agency (in the summer of 2019). James was convinced that he could mend his relationship with the young point guard if only the club held on to him long enough to go through training camp with the team.
  • According to Lloyd, James essentially has no relationship with either Gilbert or Altman. Griffin would often consult with LeBron and keep him apprised of major roster decisions, but that’s no longer happening — James was informed of the Irving trade about 20 minutes before word of the agreement leaked.
  • Multiple sources confirmed to Lloyd that James “cursed toward at least two team executives” during the now-infamous team meeting that began with players questioning Kevin Love‘s absence from a practice.

Mannix’s Latest: G. Hill, Hornets, Hawks, Suns

The Cavaliers continue to engage the Kings about a possible George Hill trade, sources tell Chris Mannix of Yahoo Sports. However, the Cavs would like to include both J.R. Smith and Iman Shumpert in their package for Hill, and taking on multiple expensive non-expiring contracts doesn’t appeal to Sacramento. Meanwhile, the Kings are quietly looking to get a third team involved in a potential deal, according to Mannix.

Mannix’s latest trade rumor roundup features several more tidbits of interest related to Thursday’s deadline, so we’ll pass along the highlights…

  • The future of GM Rich Cho in Charlotte is uncertain, which may complicate the Hornets‘ deadline plans. According to Mannix, there are rumblings about former Lakers GM Mitch Kupchak being a candidate to join the Hornets’ front office in the offseason. Gery Woelfel of The Racine Journal Times wrote last week that Kupchak is considered likely to be hired by an Eastern Conference team this summer.
  • Some teams with interest in Marcus Smart view the Celtics‘ asking price of a first-round pick as “unrealistic,” says Mannix.
  • The Hawks have made “everyone” available, and while much has been written about the club’s veteran trade candidates, second-year swingman Taurean Prince is another player who has drawn interest, according to Mannix.
  • The Magic have shopped Mario Hezonja “hard” in recent days, per Mannix.
  • According to Mannix, the Suns are willing to move veterans like Tyson Chandler and Jared Dudley. Neither player’s contract is particularly team-friendly though, so it may be tough for Phoenix to find any value.
  • The Clippers say they’re okay with holding onto DeAndre Jordan and Lou Williams through the deadline, but rival clubs are skeptical, says Mannix.

Lowe’s Latest: Cavs, Jordan, Magic, Nuggets, Sixers

On Monday, we rounded up some of the highlights from a Lowe Post podcast featuring ESPN’s Zach Lowe and Adrian Wojnarowski. Late last night, Lowe published an extensive look at the trade market at ESPN.com, following up on some of the scuttlebutt he shared in that podcast. While there are a few repeated items with Lowe’s piece, he also has plenty of new notes for us as Thursday’s trade deadline approaches. Let’s dive in…

  • Lowe views Marc Gasol as a target that would make sense for the Cavaliers if they’re willing to trade the Nets’ 2018 first-rounder. However, he notes that the Grizzlies seem satisfied to stand pat, and the two teams haven’t discussed Gasol. Rival executives also say that the Cavs continue to act as if they won’t trade the Brooklyn pick.
  • Outside of the teams already known to have expressed interest in DeAndre Jordan – such as the Rockets, Bucks, and Trail Blazers – the Wizards are another club that has looked into the Clippers center, says Lowe. However, despite investigating the market for Jordan, Washington hasn’t gained any momentum toward a deal.
  • Every Magic player except for Aaron Gordon and Jonathan Isaac is “readily available,” sources tell Lowe. Most people around the league think that Elfrid Payton will be playing somewhere besides Orlando next season, Lowe adds.
  • As Lowe observes, Nuggets may not be able to afford Will Barton‘s next contract, but the team appears okay with holding onto him through the deadline and risking losing him for nothing this summer. Denver also remains on the lookout for point guards, having kicked the tires on Pacers backup Cory Joseph, per Lowe. However, potential targets like Joseph and Garrett Temple may not be viable due to the guaranteed 2018/19 money on their contracts.
  • The Sixers are approaching the trade deadline as buyers, but no longer have as many extra first-round draft picks as they’ve had in recent years, so they may only willing to dangle second-rounders, says Lowe.
  • According to Lowe, the Timberwolves have been very cautious about discussing the 2018 first-rounder they’ll get from the Thunder, since they recognize they’ll need cheap players to fill out the roster as Andrew Wiggins and Karl-Anthony Towns get very expensive.
  • The Warriors remain on the lookout for bench help — they inquired on Avery Bradley, but got nowhere, league sources tell Lowe.
  • The Heat don’t appear to have traction on any major deals, according to Lowe.

Pacific Rumors: Warriors Needs, Mason, Ball, Hill

The Warriors’ top need is a shooting wing off the bench, and their most likely targets are Marco Belinelli of the Hawks and Tyreke Evans of the Grizzlies, Tim Kawakami of The Athletic opines. Patrick McCaw is the player Golden State will most likely move in order to get a wing who also has size and passing ability, Kawakami continues. Belinelli is on an expiring deal and Atlanta would have to believe in McCaw’s long-term ability enough to also take back Nick Young, Kawakami speculates. Evans would also be a rental and Golden State would probably have to pair McCaw with a first-round pick to get him, Kawakami adds.

In other developments around the Western Conference:

  • Kings point guard Frank Mason will not play until after the All-Star break, Jason Jones of the Sacramento Bee reports. The rookie out of Kansas suffered a heel injury on December 31st. Mason, chosen with the 34th overall pick last June, has appeared in 29 games, averaging 7.6 PPG and 2.9 APG.
  • Lakers rookie point guard Lonzo Ball was unable to ramp up his workouts last week without experiencing soreness in his sprained left knee, Bill Oram of the Orange County Register reports. His workouts never progressed to lateral movement or running close to full speed, Oram continues. Ball has missed the last 10 games.
  • The Kings were close to dealing point guard George Hill to the Cavaliers but they won’t mind if he’s still on the roster beyond the trade deadline, Jones writes in a separate piece. Sacramento would have received Channing Frye and Iman Shumpert, and perhaps Derrick Rose, in return. The Kings would have to clear roster space to make that deal but their primary goals must be collecting picks, acquiring young talent and retaining financial flexibility, Jones continues. Hill has also endeared himself to the front office and the team’s young core despite losing his starting job, Jones adds.
  • Trade rumors are weighing heavily on the minds of Clippers players, Elliott Teaford of the Orange County Register relays. Coach Doc Rivers admits that trade talk has been a distraction. “Sometimes you go talk to a guy and the guy says, ‘Oh, I’m good,’ and that could mean he’s not good or good,” Rivers told Teaford. “You’ve got to read that. Sometimes it’s clear as day. I can tell you I’ve seen that over the last three or four days from a couple guys, and it’s obviously weighing on them.”

Cavs Rumors: Nets Pick, Thompson, J.R. Smith

Most teams in the Cavaliers’ situation would do all they can to improve this year’s roster in an effort to make a deep playoff run and convince their free-agent-to-be star to stick around, even if that means putting the Nets’ 2018 first-round pick on the table in trade talks, Sam Amick of USA Today writes.

However, there’s a growing narrative that owner Dan Gilbert – perhaps due to emotional baggage related to LeBron James‘ 2010 departure – is prepared to keep that pick even if it means losing James this summer, according to Amick, who suggests that Gilbert “wants his team back.”

Within his USA Today report, Amick provides a few more Cavs-related tidbits, writing that the team is trying to shed the Tristan Thompson and J.R. Smith contracts. The Cavs have also not offered more than their own 2018 first-round pick and unwanted salary to the Clippers for DeAndre Jordan, says Amick. That’s not surprising, as we heard earlier today that Jordan isn’t the type of player for whom the Cavs would surrender the Nets’ pick.

Here’s more out of Cleveland:

  • The Cavs currently sit just five games ahead of the ninth-seeded Pistons in the East, closer to missing the playoffs than they are to the No. 1 seed. Still, the idea of somehow falling out of the playoff picture isn’t one head coach Tyronn Lue is willing to entertain — Lue says there’s “no doubt” the Cavs will make the postseason, as Joe Vardon of Cleveland.com relays.
  • In an Insider-only piece for ESPN.com, Bobby Marks takes a closer look at the Cavaliers’ trade deadline options, noting that adding salary will be tricky due to repeater tax concerns.
  • At Cleveland.com, Vardon also discusses the Cavs’ luxury tax problems, suggesting that if LeBron James leaves as a free agent this summer, Dan Gilbert will want to make sure that team salary gets out of tax territory. According to Vardon, league sources also believe that Cleveland would try to trade Kevin Love if James leaves, though no team sources confirmed that.
  • Seth Walder of ESPN.com makes the case that the Nets’ 2018 first-round pick is actually a little more valuable than people think, even though it probably won’t land as high as Brooklyn’s last couple first-rounders have.
  • Appearing recently on NBA TV’s The Starters, former Cavs GM David Griffin dismissed the notion that LeBron James wants to be heavily involved in personnel decisions for the franchise, as Dane Carbaugh of NBC Sports writes.

Woj/Lowe On Blazers, Jordan, Cavs, Hornets

With the February 8 trade deadline right around the corner, ESPN’s Adrian Wojnarowski appeared this morning on Zach Lowe’s Lowe Post podcast to address some rumors and discuss some trade possibilities for teams around the NBA. While Wojnarowski and Lowe didn’t drop any bombshells during their hour-long conversation, the duo did share several items of note, so let’s dive in and round up some highlights…

  • Although the Trail Blazers had interest in Clippers center DeAndre Jordan, Wojnarowski hears that Portland has “backed away” as of late. According to Woj, it’s “entirely possible” that Jordan won’t get traded at all this week — the Clips may prefer to simply let him walk in free agency rather than taking on a bad contract or two in order to get a late first-round pick back in a trade.
  • Wojnarowski and Lowe discussed Brooklyn’s 2018 first-round pick at length, exploring what sort of deal would entice the Cavaliers to surrender that first-rounder. The duo agreed that Cleveland wouldn’t offer it to the Clippers for Jordan. In Woj’s view, it would take a Paul George-type veteran or a young star on a rookie contract to get the Cavs to part with that pick, but that sort of player isn’t really available.
  • The Cavaliers and Hornets have “definitely talked,” with those conversations presumed to have focused on Kemba Walker. That doesn’t mean that any deal is likely though, as virtually every team with any sort of need at point guard has checked in with the Hornets about Walker, per Wojnarowski.
  • Despite ongoing speculation that they’ll need to break up their star backcourt at some point, the Trail Blazers have “summarily rejected” any inquiries on Damian Lillard and/or C.J. McCollum, says Lowe. Maurice Harkless is a more realistic trade candidate in Portland, according to Wojnarowski, who says the Kings are one team that has had interest in Harkless in the past.
  • While the Nets aren’t necessarily looking to trade Spencer Dinwiddie, they’d have to consider it if they could get a first-round pick, according to Lowe. Woj agreed with that assessment.

Kevin Love Injury Won't Impact Cavs' Plans