Cavaliers Rumors

Central Notes: Cavs, Mitchell, DeRozan, Pacers, Johnson, Bucks

After the Cavaliers‘ 51-win 2022/23 season came to a disappointing end with an unceremonious exit in the first round of the playoffs, that momentum appears to have carried over to this fall, with the team off to a 13-12 start. However, speaking to Steve Bulpett of Heavy.com, star guard Donovan Mitchell rejects the idea that the postseason letdown in the spring left a lasting mark on the team.

“I think we came back motivated,” he said. “We’ve got guys who came back ready to go. I think it motivated us, but, you know, it’s not showing it. That’s the tough part. But I’m not deflated. We’ve got to figure this thing out. That’s it. That’s all you can really do. Find ways. That’s it. It’s tough obviously, you know, winning a few, losing a few, but we’re not going to quit. We’re going to keep going.”

Mitchell also said that he believes the Cavaliers have the pieces to be a contender and that it’s just a matter of getting everyone on the same page. But Mitchell’s conversation with Bulpett occurred on Thursday, and the challenge facing the team got a lot tougher on Friday, when word broke that both Darius Garland and Evan Mobley will be sidelined until well into the new year due to injuries.

Earlier today, Jake Fischer of Yahoo Sports reported that the Cavaliers had shown no inclination to make Mitchell available via trade despite the “mounting interest” of rival teams. It’s unlikely that stance has changed in the past few hours, in spite of the Garland and Mobley news, but it’ll certainly be worth keeping a close eye on how the situation in Cleveland plays out in the coming weeks to see how the club responds.

Here’s more from around the Central:

  • Bulls forward DeMar DeRozan is “deeply valued internally,” according to K.C. Johnson of NBC Sports Chicago, who says the organization appreciates the veteran not just for his skills on the court but for his leadership off of it. The team has similar feelings about Alex Caruso, Johnson adds.
  • A recent report indicated that the Bulls and DeRozan are far apart in extension talks and suggested that the forward is a trade candidate in the final year of his contract. For what it’s worth though, DeRozan has expressed a desire to stay where he is. “Chicago is Chicago to me,” he told Julia Poe of The Chicago Tribune. “I love it here. Obviously it’s a place I want to be in my career. None of that has changed. I don’t have no other type of doubts or feelings or suggestions to be elsewhere. That don’t cross my mind.”
  • Following a run to the play-in tournament final, Tyrese Haliburton spoke about his hope that seeing how the Pacers play will make impact players want to join him in Indiana. With that in mind, Dustin Dopirak of The Indianapolis Star considers what sort of moves the Pacers could make by February’s deadline and what their best trade assets might be.
  • James Johnson‘s new one-year, minimum-salary deal with the Pacers is non-guaranteed, Hoops Rumors has confirmed. Johnson will receive his full salary ($2,241,188) if he remains under contract beyond January 7.
  • The chippy, hard-fought nature of Wednesday’s victory over the division-rival Pacers, which culminated in an argument over the game ball, may have helped the Bucks build a stronger bond, as Eric Nehm of The Athletic writes. “When stuff happens, whether it’s extremely serious or it’s small, any time you can get into something and you can look over and see people got your back and they’re with you, it changes things,” Damian Lillard said. “… I think (Wednesday), for our team, it was just a step in that direction where we kind of — we were with each other, so I’m not saying that’s going to make us the world’s greatest, but it was a step in the right direction.”

Evan Mobley To Undergo Knee Surgery, Expected To Be Out 6-8 Weeks

Today’s injury news has gone from bad to worse for the Cavaliers. According to Adrian Wojnarowski of ESPN (Twitter link), big man Evan Mobley will undergo arthroscopic surgery on his left knee and is expected to be out for the next six-to-eight weeks.

The update on Mobley comes on the heels of a report stating that Cavs point guard Darius Garland will miss several weeks due to a fractured jaw.

The No. 3 overall pick in the 2021 draft, Mobley has started all 169 games he has played for the Cavaliers since entering the league. This season, he’s averaging a double-double (16.0 points, 10.5 rebounds) to go along with 2.9 assists and 1.7 blocks per game.

However, after appearing in each of Cleveland’s first 21 games of the season, Mobley has missed the last four due to what the team had been referring to as left knee soreness. According to Wojnarowski (Twitter link), the 22-year-old will have a loose body removed from that knee as part of his arthroscopic procedure.

As we outlined in our story on Garland’s injury, the Cavs are off to a disappointing 13-12 start this fall and don’t have a particularly deep roster, with guards Ricky Rubio (personal reasons) and Ty Jerome (ankle) having also missed most or all of the season so far.

With Mobley unavailable, forwards Isaac Okoro, Georges Niang, and Dean Wade are among the candidates to see bumps in minutes, while deeper reserves like Tristan Thompson, Damian Jones, Emoni Bates, and Evan’s brother Isaiah Mobley figure to slide up the depth chart.

The Cavaliers have an open spot on their 15-man roster, but they’re less than $1MM away from the luxury tax line, so they’ll be reluctant to add much more salary to their books.

Darius Garland Expected To Miss Several Weeks With Broken Jaw

Cavaliers guard Darius Garland has sustained a fractured jaw, according to Shams Charania of The Athletic, who reports (via Twitter) that Garland is expected to be sidelined for several weeks as a result of the injury.

ESPN’s Brian Windhorst (Twitter link), who says Garland is scheduled to undergo surgery next week, estimates that the 23-year-old will be out for about a month.

As Charania notes, the injury occurred when Garland collided with Celtics big man Kristaps Porzingis on a drive in the third quarter of Thursday’s loss to Boston (Twitter video link). Garland left the game and headed to the locker room, though he did check back in and played the fourth quarter.

It’s an unfortunate setback for a Cavaliers team that has gotten off to an underwhelming start to the 2023/24 season. Widely projected to be a top-three team in the East, Cleveland is just 13-12 so far, good for ninth in the conference.

While Garland has averaged 20.7 points and 5.9 assists per game through his first 20 contests, he hasn’t been at his best this fall. His 34.6% three-point percentage and 3.8 turnovers per night would both be career-worst marks.

Still, the Cavs will certainly miss him during his absence, especially since the No. 2 point guard on their depth chart – Ricky Rubio – has been away from the team all season for personal reasons, while No. 3 option Ty Jerome has been out since October 27 due to an ankle injury.

Rookie two-way player Craig Porter Jr. figures to play a larger role until Garland returns, while Donovan Mitchell and Caris LeVert will likely take on more ball-handling responsibilities.

It’s worth noting that Cleveland does have an open spot on its 15-man standard roster, with two little-used reserves (Tristan Thompson and Sam Merrill) on non-guaranteed contracts, so the club has the flexibility to make a backcourt addition if necessary, though the Cavs’ team salary is close to the luxury tax line.

Eastern Rumors: LaVine, Bulls, Raptors, Pacers, Sixers

It has been difficult to sift through the noise in the rumor mill to determine which teams might actually be legitimate suitors for Zach LaVine, according to Jake Fischer of Yahoo Sports, who notes that while the Sixers and Lakers have frequently been mentioned as possibilities, their level of interest in the Bulls guard is unclear.

Teams like the 76ers, Knicks, and Heat haven’t seriously engaged or shown real interest in LaVine, says K.C. Johnson of NBC Sports Chicago. Joe Cowley of The Chicago Sun-Times reported this week that the Lakers are believed to be LaVine’s preference in the event of a trade, but we don’t have a sense of whether that interest is reciprocated.

As Fischer writes – and as Cowley previously suggested – if the Bulls are going to move LaVine, they’d ideally like to do it well in advance of February’s deadline in order to give them time to evaluate their new-look roster before deciding on whether or not to trade more players, such as DeMar DeRozan or Alex Caruso.

However, LaVine’s injury history was already considered a red flag for potential suitors, and the fact that he’s currently on the shelf due to a foot issue only lends credence to that concern, Fischer notes. On top of that, the Bulls’ asking price is believed to be high, consisting of an established starter, a young player with upside, and first-round draft capital, sources tell Fischer. It remains to be seen whether any team is willing to put a package like that on the table.

According to Fischer, the Bulls have also explored the possibility of trying to move LaVine in a deal for another All-Star level player. They attempted to pitch the Cavaliers on a swap that would have sent point guard Darius Garland to Chicago, sources tell Yahoo Sports. Presumably, Cleveland didn’t have much interest in that concept.

Here are a few more rumors from around the Eastern Conference, courtesy of Fischer:

  • Given that the 2024 draft class is considered relatively weak, there’s a sense that teams in search of roster upgrades might be more inclined to move their ’24 first-round picks in trades this season, but there’s not yet a long list of sellers. According to Fischer, league personnel believe the Raptors will be more inclined to join that group of sellers this winter than they have been in past years, after they saw Fred VanVleet walk in free agency over the summer. “Toronto’s going to be forced to make a decision,” one GM said to Yahoo Sports.
  • Pascal Siakam is considered the more likely trade candidate than Raptors teammate OG Anunoby, but a couple of the clubs believed to have interest in Siakam – the Pacers and Kings – seem “more vested” in the idea of landing Anunoby, Fischer writes.
  • Speaking of the Pacers, rival executives think they’ll be aggressive in exploring ceiling-raising trades that would consolidate some of their depth pieces, though Fischer is unconvinced the team is prepared to do anything substantial quite yet. Veteran backup point guard T.J. McConnell continues to draw interest from playoff teams seeking backcourt help, Fischer adds.
  • The Sixers aren’t expected to pursue any major roster changes until much closer to February’s trade deadline, according to Fischer.

Warriors, Knicks, Lakers Top Latest NBA Franchise Valuations

The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico (subscription required), who unveiled the website’s updated NBA franchise valuations for 2023 on Wednesday.

Badenhausen projects the Warriors’ value at $8.28 billion, making them one of three teams to surpass the $7 billion mark this year. The Knicks have a projected worth of $7.43 billion, while the Lakers come in at $7.34 billion, per Sportico.

As Badenhausen details, Sportico spoke to more than 30 team executives, owners, investors, bankers, consultants, and lawyers in compiling their latest NBA franchise valuations. According to Sportico, the average value of an NBA team is up 33% from a year ago and 70% from when the site first started publishing valuations three years ago.

A combination of factors are contributing to the soaring value of NBA franchises, says Baudenhausen. Those factors include national media deals, international opportunities, scarcity (ie. only 30 teams are available), and an equal 1/30th stake in the league.

In the past, we’ve used Forbes as our primary source for NBA franchise valuations, but with Badenhausen making the move from Forbes to Sportico in recent years and the outlet establishing itself as a go-to resource for sports business news, we’re highlighting Sportico’s projections in 2023.

Of course, it’s worth noting that figures from Sportico, Forbes, or any other media outlet are just estimates and often don’t quite match up with the sale prices for franchises that change hands. But thse projections are usually in the right ballpark and remain useful for getting a sense of the league’s most and least valuable teams.

Here’s Sportico’s full list of NBA franchise valuations for 2023:

  1. Golden State Warriors: $8.28 billion
  2. New York Knicks: $7.43 billion
  3. Los Angeles Lakers: $7.34 billion
  4. Boston Celtics: $5.12 billion
  5. Chicago Bulls: $4.83 billion
  6. Los Angeles Clippers: $4.56 billion
  7. Miami Heat: $4.17 billion
  8. Philadelphia 76ers: $4.13 billion
  9. Toronto Raptors: $4.11 billion
  10. Houston Rockets: $4.05 billion
  11. Dallas Mavericks: $4.03 billion
  12. Phoenix Suns: $4 billion
  13. Brooklyn Nets: $3.98 billion
  14. Sacramento Kings: $3.46 billion
  15. Denver Nuggets: $3.4 billion
  16. Atlanta Hawks: $3.35 billion
  17. Washington Wizards: $3.33 billion
  18. San Antonio Spurs: $3.29 billion
  19. Portland Trail Blazers: $3.28 billion
  20. Indiana Pacers: $3.27 billion
  21. Utah Jazz: $3.24 billion
  22. Cleveland Cavaliers: $3.22 billion
  23. Milwaukee Bucks: $3.2 billion
  24. Orlando Magic: $3.12 billion
  25. Detroit Pistons: $3.1 billion
  26. Oklahoma City Thunder: $3.08 billion
  27. Charlotte Hornets: $3 billion
  28. Minnesota Timberwolves: $2.94 billion
  29. Memphis Grizzlies: $2.82 billion
  30. New Orleans Pelicans: $2.72 billion

For the most part, the most significant valuation increases (by percentage) within the last year belonged to the teams on the bottom half of this list. Besides the Bucks, whose projection rose by 32%, every franchise in the bottom 10 received at least a 50% bump from Sportico’s 2022 valuations.

The Nuggets, who cracked the top half of this list following their 2023 championship, were another big riser — their valuation increased by 60% and they moved up six spots.

It’s worth noting that the Mavericksreported valuation in Mark Cuban‘s sale to the Adelson and Dumont families reportedly came in around $3.5 billion, well below Sportico’s valuation.

However, more recent reporting has suggested the final valuation will be closer to $4 billion when the transaction closes. That was also a unique situation since Cuban is retaining control of basketball operations as part of the sale agreement, despite surrendering majority control of the business. He’ll hang onto about 25% of the franchise, according to Sportico.

Love Doesn't Rule Out Playing In Cleveland Again

  • Kevin Love reached a buyout agreement last season with the Cavaliers to join Miami, but he told Chris Fedor of Cleveland.com that he’s receptive to the idea of finishing out his career in Cleveland. “‘I’m never ruling that out,” he said. “I have so many great relationships there and people that I love. I’m not done with Cleveland. I am definitely open to coming back and retiring there.’”

Injury Notes: Mobley, Embiid, Brunson, Little, O. Porter

Cavaliers big man Evan Mobley missed his first game of the 2023/24 season on Friday due to left knee soreness. The third-year forward/center also didn’t participate in the team’s shootaround, according to Chris Fedor of Cleveland.com (subscriber link), who reports that Mobley could miss multiple games with the injury, though that depends on how he responds to treatment.

The Cavs’ next game is Monday in Orlando, so Mobley will have a couple more days to determine how he’s feeling, Fedor notes. Forward Dean Wade started in Mobley’s place during Friday’s victory in Miami.

Here are some more injury notes from around the NBA:

  • Reigning MVP Joel Embiid will be reevaluated on Saturday after sustaining a left leg injury in the Sixers‘ victory over Atlanta on Friday, tweets Mike Vorkunov of The Athletic. Embiid grabbed at his knee after falling on a drive, Vorkunov adds, but he was able to play through it while favoring his left leg.
  • Knicks guard Jalen Brunson sustained an injury to his lower left leg after stepping on Payton Pritchard‘s foot with 21 seconds remaining and the Knicks down 12 to Boston, per New York Basketball (Twitter video link). The team’s leading scorer was able to head to the locker room under his own power, but had a noticeable limp. Head coach Tom Thibodeau said he didn’t regret having Brunson in the game, despite the loss being all but guaranteed (Twitter link via Stefan Bondy of The New York Post). Brunson didn’t speak to the media afterward, tweets Steve Popper of Newsday.
  • Suns wing Nassir Little took a hard fall in the first quarter of Friday’s contest vs. Sacramento and appeared to be woozy after the incident, according to Duane Rankin of The Arizona Republic (Twitter link). Little was later ruled out of the remainder of the contest, as he’s being evaluated for a concussion. He could be sidelined for multiple games if he did indeed sustain a concussion.
  • Raptors forward Otto Porter Jr. exited Friday’s game with a left foot contusion. As Josh Lewenberg of TSN.ca observes (via Twitter), that’s the same foot that caused Porter to miss most of last season after he had surgery. This injury hopefully isn’t serious, however, as X-rays were negative, per Blake Murphy of Sportsnet.ca (Twitter link).

Central Notes: Rales, Cavs, LeVert, Wade, Bogdanovic

Businessman Steven Rales is expected to become the minority owner of the Pacers, according to a statement from Pacers Sports and Entertainment chairman and owner Herb Simon (Twitter link).

After considerable discussion, Steven is going to become a minority owner of 20 percent of the franchise pending league approval,” Simon said. “The Simon family is as committed to Indiana today as we have been since we moved here from New York in the 1960s.

A story from The Athletic’s James Boyd provides background on Rales, a 72-year-old founder of Danaher Corporation, a life sciences organization. Rales is a DePauw University graduate and has “strong Indiana connections.”

Simon originally purchased the Pacers for $10.5MM in 1983 alongside his brother, Mel. According to Forbes estimates, the Pacers are now worth $2.9 billion, ranking 27th of 30 NBA teams. Simon will remain the controlling owner and, according to The Athletic, many believe his son Stephen will succeed him in that role in the future.

We have more from the Central Division:

  • The Cavaliers lost to the rebuilding Trail Blazers on Thursday, continuing a disappointing start to the season for Cleveland — the team is hovering just above .500 through 19 games at 10-9. According to Cleveland.com’s Chris Fedor, the Cavs held a lengthy team meeting after the loss. “We’ve said this since the beginning, we want to be a championship-caliber team. We’re not playing like it,” star guard Donovan Mitchell said. “This is the worst loss of the season. That’s it. Let’s go. We’ll be fine. We’ll fix it.
  • The Cavaliers will be shorthanded against the Pistons when the two division rivals square off on Saturday, as guard Caris LeVert has been ruled out with a left knee injury, Fedor reports. There’s no definitive timeline for how long LeVert will be out, but he missed back-to-back games with the same injury in November, Fedor observes. Cleveland also remains without Dean Wade, who is missing his sixth straight game with an ankle injury.
  • The Pistons listed Bojan Bogdanovic as probable on Friday, meaning he remains on track to make his season debut against the Cavaliers on Saturday, tweets Adrian Wojnarowski. It was previously assumed that Bogdanovic would indeed play on Saturday, but the official status designation all but confirms it. Detroit didn’t win a game in November and is currently amid a 16-game losing streak.

Central Notes: Jerome, Pistons, J. Smith, Connaughton, Bulls

Frustrated by his slow recovery from a severe right ankle sprain, Cavaliers guard Ty Jerome has adjusted his treatment plan in the hopes of accelerating his return to the court, reports Chris Fedor of Cleveland.com (subscriber link).

As Fedor details, Jerome recently had the ankle immobilized within a cast, which he’ll wear for about a week. The hope is that he’ll be able to resume individual workouts after having the cast removed.

“He is recovering,” head coach J.B. Bickerstaff said on Tuesday. “They’re doing different steps with him and trying some new things, different things in order to help him. He’s doing another treatment now and I’ll let the medical staff talk about timeline when they put all that together. He’s trying something different than just the normal rehab.”

Jerome has long been a favorite of Cavaliers president of basketball operations Koby Altman, according to Fedor. When he signed a two-year deal with the team this past summer, the plan was for him to be mentored by veteran point guard Ricky Rubio.

Instead, due to Rubio’s absence, Jerome was thrust into the backup point guard role to open the season, then suffered the ankle injury in just his second game as a Cavalier. While it hasn’t been an ideal start to his time in Cleveland, Jerome is trying to look at the bright side, telling Fedor, “Guess it’s better to be injured early rather than late.”

Here’s more from around the Central:

  • Following a team-record 15th consecutive loss on Wednesday, Pistons head coach Monty Williams suggested that “this group struggles with adversity,” which is one reason why the slump has only gotten worse, per Omari Sankofa II of The Detroit Free Press. James L. Edwards III of The Athletic expects lineup changes to be around the corner, with Bojan Bogdanovic likely to start when he makes his season debut — that could happen as soon as this Thursday or Saturday, says Edwards.
  • Pacers center Jalen Smith‘s leg injury isn’t as serious as the team initially feared, but he has been diagnosed with a left knee bone bruise and a left heel contusion and will miss at least the next two games, writes Dustin Dopirak of The Indianapolis Star. Isaiah Jackson is the leading candidate to take Smith’s spot in the rotation, while two-way player Oscar Tshiebwe is being called up from the G League to provide depth, Dopirak adds.
  • In an in-depth story for the Milwaukee Journal Sentinel, Jim Owczarski takes a look at the journey Pat Connaughton has taken to secure his place in the NBA as a reliable role player for the Bucks, as well as the work he has done in Milwaukee off the court.
  • While it’s one thing to be beaten by more talented teams, the slumping Bulls have also had more “low-effort moments” during their recent losing streak, writes Joe Cowley of The Chicago Sun-Times.